Yaron Amzaleg, CEO of Arkia, retires after only 4 months

Yaron Amzaleg, CEO of Arkia, retires after only 4 months in the position. Prior to that, he served for two years as Deputy CEO and CFO of the company. Amzaleg replaced Nir Dagan, who retired.
 He was appointed to the post during a challenging period for aviation in general and Arkia in particular - which was on strike from mid-March to mid-September. Only recently has management and Arkia Brothers owners reached out to agreements with the workers' committee regarding an efficiency plan that includes layoffs. The background to Amzaleg's departure is disagreements with active chairman Gadi Tepper. Amzaleg's announcement comes close to receiving a state-guaranteed loan and the company's return to commercial activity.
Amzaleg: "In recent months, I have been engaged in various and varied operations day and night, with one thing in mind all the time - the return of Arkia to operations in the midst of the biggest crisis the aviation industry has ever experienced. These operations included preparing a regular business plan, With the workers' committees, managing the contacts with the banks and the Ministry of Finance for the purpose of obtaining state-guaranteed loans and making the necessary preparations for the return of the company to commercial activity.
"Now that the mission is complete, I have decided to move on to new career challenges and in general. I thank the shareholders and Arkia Board of Directors for the trust and support in Arkia's recovery moves and I wish the dear Arkia employees that Arkia aircraft will continue to paint the sky," Amzaleg wrote.
Markie said: "We thank Liron Amzaleg for his significant contribution in recent months in restoring the company to commercial activity, as well as for his many achievements throughout his years of work at the company."