Governance

Mr. Doppelt, CEO of Israel Corp. Ltd. Previously served as CEO of Kenon Holdings Ltd., a global company (NYSE: KEN), and from March 2014 to September 2017 served as Executive Chairman of IC Power Ltd., a power generation company. Prior thereto, Mr. Doppelt was the founder and CEO of the Ofer Group’s private equity fund where he was involved in numerous investments in the private equity and technology sectors. He has been the Chief Executive Officer of XT Investments (formerly known as XT Capital and Ofer Hi-Tech) since 2001. He has actively led several public offerings of equity and debt offerings in the US and Europe and he has extensive operational and global business experience with growth companies. Mr. Doppelt also served as Chairman of OPC Energy Ltd. (TASE: OPC) as well as Director of Zim Integrated Shipping Services Ltd. Mr. Doppelt holds a BA in Economics and Management from the Technion – Israel Institute of Technology, and an MBA from Haifa University.

Mr. Kaufman has been serving as Director since 2014 as well as Chairman of Israel Corp. since 2016. Mr. Kaufman is currently CEO of Quantum Pacific (UK) LLP. Prior to joining Quantum Pacific in 2008 as CFO, he held a number of senior corporate finance positions at Amdocs (NYSE: DOX), and prior thereto, served in a number of consultancy positions at KPMG. Mr. Kaufman is a Certified Public Accountant in Israel, and holds a BA in Accounting and Economics from The Hebrew University of Jerusalem (with distinction), and an MBA in Finance from Tel Aviv University.

Ms. Ralbag has been serving as an External Director since 2018. She currently serves as CFO of Clalit Health Services. Ms. Ruth Ralbag previously served as CFO of the Shaare Zedek Medical Center in Jerusalem (2011-2020) and served as Deputy Director of Medical Finance at the Tel Aviv Sourasky (Ichilov) Medical Center (2009-2011) and Head of the Hospital Administration. She also served as Deputy Director-General of Planning, Budget and Pricing at the Ministry of Health (2004-2009) and VP and Head of Commercial and Retail Banking Division at FIBI (2001-2003). Ms. Ralbag also served, among other things, as Acting Chairperson of the Board of FIBI Mortgages Ltd. for a period of 4 years and Acting Chairperson of the Board of Atzmaut Mortgage Bank Ltd. for a period of 4 years. Formerly Director at Sarel Ltd. and Director at ARAM Provident Fund, and served, among other things, as an External Director at Hachsharat HaYishuv Insurance Ltd., Golf & Co. Group Ltd., and Halman-Aldubi Investment House Ltd., Ms. Ralbag currently serves as an External Director at M. Aviv Construction Industries. Ms. Ralbag holds a BA in Economics and Business Administration and an MBA in Public Policy, both from the Hebrew University of Jerusalem.

Ms. Tzipi Ozer-Armon has been serving as Director since 2020. Ms. Ozer-Armon serves as the CEO of Lumenis, she joined the company in May 2012. During her tenure, Ms. Ozer-Armon led Lumenis through a comprehensive growth and profitability turnaround, as well as an IPO on the NASDAQ in 2014, and a successful acquisition process in 2015. Prior to  joining Lumenis, Ms. Ozer-Armon headed the Japanese market activities of Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA), a business with a turnover of more than $800M. Prior to that, Ms. Ozer-Armon served as Senior Vice President of Sales and Marketing at SanDisk (Nasdaq: SNDK) with multi-billion dollars sales’. She also served as VP and General Manager of MSystems (Nasdaq: FLSH), and as VP of Corporate Development at Comverse (Nasdaq: CMVT). Ms. Ozer-Armon’s impressive career also includes four years at ATKearney, a Global Management Consulting company based in London, UK. Ms. Ozer-Armon holds a BA magna cum laude in Economics from Tel Aviv University, an MBA majoring in Finance and Marketing, and she is an AMP graduate of Harvard Business School.

Mr. Ovadia Eli has been serving as Director since 2011. Mr. Eli is Chairman of Israel Airports Authority, a position he has held since 2006, and a director of Zim Integrated Shipping Lines, as well as Chairman of I.C.P.I. Prior thereto, Mr. Eli served as member of the Knesset, Israel’s Parliament from 1984 to 1996, where he was also Deputy Speaker, and Deputy Defense Minister of the State of Israel from 1991 to 1992. After leaving the Knesset, he was Active Chairman of Oil Refineries Ltd. from 1996 to 2003, and Chairman of Israel Military Industries from 2005 to 2006. Prior to serving in the Knesset, Mr. Eli headed Israel’s school system for the North district, and was also Mayor of Afula, a city in Northern Israel. Mr. Eli serves as a member of the Board of the Jewish Agency for Israel, the Yad Ben Tzvi Institute and as Director of Amidar Housing Company. Mr. Ovadia Eli holds a BA from the University of Haifa.

Mr. Aminoach has been serving as a Director since 2017. Mr. Aminoach is a certified public accountant in Israel, and holds a BA in Accounting and Economics (academic honors, Dean’s honor list) and an MBA in business administration, both from Tel-Aviv University. Until recently, Mr. Aminoach served as founding partner of Shtainmetz Aminoach & Co., Certified Public Accountants. Prior to that, Mr. Aminoach held the military rank of Brigadier General (res.), in his capacity as a member of the IDF General Staff Forum, head of the Budget Department at the Ministry of Defense, Chief Financial Advisor to the Chief of Staff of the IDF and head of the IDF’s Budgetary Array. Mr. Aminoach has also previously served as Director on the Board of Ofer Brothers Investments Ltd., and as Director and Chairman of the audit committee at Zim Integrated Shipping Services Ltd. (part of the Israel Corporation Group). Mr. Aminoach also served as a Member of the Board of Trustees of the Hadassah Medical Center in Jerusalem.

Dr. Nadav Kaplan has been serving as a Director since 2018. He also serves since 2008 as Chairman of the Board of ORAN Safety Glass – a world leader in glass-based solutions for transportation, defense and security. Dr. Kaplan also served as Chairman of the Board of 11 industrial companies and was also a board member in 4 Israeli public companies. Dr. Kaplan held the military rank of Colonel (res.), served as a combat navigator (F-4 planes) in regular and reserve service (1964-1999). Prior to his retirement, he was the head of the Planning Division of IAF. Dr. Kaplan holds a BA in Economics and Business Administration from Bar Ilan University, a Master of Science in Management from Massachusetts Institute of Technology (M.I.T) and a Ph.D from Haifa University in Memory Studies.

Mr. Reitblatt has been serving as a Director since 2017. Mr. Reitblatt is a certified public accountant, and holds a BA in accounting and economics from Tel Aviv University and an MBA from the University of California, Berkeley. Until recently, Mr. Reitblatt served as CEO and Chairman of the Board of Super-Pharm (Israel) Ltd. Mr. Reitblatt has also previously served, among other things, as Chairman of the Board of LifeStyle Ltd. and member of the board of Office Depot Israel Ltd.

Mr. Avisar Paz has been serving as a Director since 2001 and is also a Director of Oil refineries Ltd. Previously, Mr. Paz served as Chairman of O.P.C. and  CEO of Israel Corporation. Mr. Paz holds a B.A. in Economics and Accounting from Tel-Aviv University and is a certified public accountant in Israel (CPA).

CFO of Israel Corporation

Mr. Sagi Kabla has been serving as a Director since 2016, and is also the CFO of Israel Corporation. Mr. Kabla serves as Director of Bazan Group and previously served as senior Director, business development, strategy and IR in Israel Corporation. Prior to joining Israel Corporation, Mr. Kabla held various positions at KPMG Corporate Finance. Mr. Kabla is a qualified CPA in Israel and holds a BA in Accounting and Economics from Bar-Ilan University and an MBA (Finance) from the College of Management Studies.

Mr. Gadi Lesin has been serving as Director since 2021. He also currently serves as Director of ORIAN SH.M Ltd. From 2009 to 2018 Mr. Lesin served as the President and CEO of Strauss Group, an international food and beverage company that has collaborations with Danone, PepsiCo, and Haier. Since joining the Strauss Group in 1993, Mr. Lesin served in various senior leadership positions, including as the CEO of Strauss Israel, CEO of Sabra USA, CEO of Strauss Dairies, and CEO of the Sales and Distribution Department. Mr. Lesin also served, among other things, from 2014 to 2015 as the Chairman of the Council of the Manufacturers Association of Israel. From 2013 to 2014 he served as a member of the Interface Round Table Forum headed by the Israeli Prime Minister, and from 2008 to 2013 served as the Chairman of the Israeli Food Industries Association. Mr. Lesin also served as an Officer in an elite air force unit in the IDF. Mr. Lesin holds a BA in Business Management from the Tel Aviv College of Management, and an MBA from Ben Gurion University, and is also a graduate of the CEO workshop of Harvard Business School.