After 33 years: Yaakov Halperin, CEO of Optica Halperin, announced last night (Thursday) that he is retiring from managing the chain.
According to the Calcalist website, at the annual workers’ conference Halperin informed them that from the beginning of 2022 he will no longer serve as CEO and has no more managerial authority and that he will transfer the reins to his six brothers. But he will continue to hold the chain shares like the other brothers .
The chain currently employs about 600 people in 140 branches throughout the country. And it is estimated that the network will look for an outside CEO to replace Halperin.
“As of the beginning of January I am no longer serving as CEO, and I no longer have any managerial authority,” Jacob Halperin said at the workers’ conference, “I leave it to my brothers and sisters to take it forward.”
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He said: “Every person needs to do a mental arithmetic in life and every person has moments he needs to know that someone else can do it better than him, right from him, advanced from him. We have reached a very high place. We are at the peak in both branches and employees.”
In 1988, Rabbi Raphael Halperin founded Optica Halperin. When he died in 2011, he bequeathed the company in equal parts to his children and whoever was chosen to run the network and be its presenter, was his eldest son, Yaakov, who co-owned it with his brothers and sisters: Moshe, Shmuel, Chaya, David, Etty and Yehuda – but now the son retired The company.
In 2017, it was announced that following disagreements between the company’s shareholders, the company’s CEO, Yaakov Halperin, was looking for buyers for the company at a market value of NIS 200 million, but in the end this did not materialize.