Delek Real Estate CEO, deputy CEO mull retirement

Mon Jul 13, 2009 5:48am EDT
 
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JERUSALEM, July 13 (Reuters) - Delek Real Estate (DLKR.TA), a unit of Israeli conglomerate Delek Group (DELKG.TA), said on Monday its chief executive, Ilik Rozanski, and his deputy, Chava Zamir, were considering retirement.

The company said in a statement to the Tel Aviv Stock Exchange that its board of directors had met to discuss retirement packages for the two.

It said further discussion would be held at an undisclosed date and gave no details about the size or nature of the packages.

Delek Real Estate has close to 400 income-producing properties in Israel, Western Europe and North America that are rented out for long periods. It is the controlling shareholder in Delek Global Real Estate (DGRE.L). (Reporting by Joseph Nasr; Editing by Greg Mahlich)

 

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