Fogel to replace Ben-Dov as Partner chair? - Israel Business, Ynetnews
 
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Ilan Ben-Dov Photo: Tzvika Tishler
Ilan Ben-Dov Photo: Tzvika Tishler
 
Aaron Fogel Photo: Oren Agmon
Aaron Fogel Photo: Oren Agmon
 
 

Fogel to replace Ben-Dov as Partner chair?

Estimates on the market are that communication company's former CEO Amikam Cohen is also candidate to replace outgoing chairman, but Migdal chairman is favorite to win

Golan Hazani, Calcalist
Published: 01.08.12, 13:07 / Israel Business

Partner Communications Chairman Ilan Ben-Dov plans to appoint an external chairman as his replacement. Calcalist has learned that Ben-Dov is set to step down from his position as the head of the company under his control and that he is holding talks with several candidates for the position.

 

The company advised the Tel Aviv Stock exchange that Ben-Dov had announced his intention of ending his position as chairman.

 

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The most prominent candidate to replace Ben-Dov and with whom negotiations are in the most advanced stages is Migdal Group Chairman and former Ministry of Finance Director-General Aaron Fogel, who is considered a financial and management pundit. Calcalist has learned that Ben-Dov held a number of meetings with Fogel recently.

 

At the same time, Ben-Dov is holding talks with at least two more candidates, and estimates are that former Partner CEO Amikam Cohen is also a candidate; however, Fogel is considered the favorite to win.

 

Ben-Dov is also negotiating with banks with the aim of naming an investment bank that would find a financial or strategic investor to share Partner's controlling interest.

 

Following Calcalist's exposure, the company announced Sunday that Ben-Dov was set to end his position as Partner chairman but would continue to sit on the board of directors, and that the board was set to discuss the appointment of a new chairman in the next few days.

 

Click here to read this report in Hebrew

 

 

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