Strauss Group announced the appointment of Shay Babad as CEO

The Strauss Group board of directors today approved the recommendation of the search committee and announced the appointment of Shay Babad as CEO of the Strauss Group. In recent years, Babad has held a variety of senior positions in the public and private sectors, the most senior of which was the Director General of the Ministry of Finance starting in 2015. The public mainly remembers him as the one who led the ministry's policy during the Corona period.
Ofra Strauss, Chairman of the Board of Directors of the Strauss Group: "I am happy to announce the appointment of Shai Babad as the new CEO of the Strauss Group - the appointment of a CEO is an exciting moment for all of us. Shai will replace Giora Bar Dea who, together with the management, led the Building the group's vision and strategy for the coming years. Shai will join the amazing group of managers and company personnel in the journey to continued growth and excellence. Shai brings with him experience in managing complex systems, familiarity with the economy and economy in Israel and the world, which combined with the knowledge and experience of dozens of managers at Strauss, will allow us to take the group forward In the coming years".
Strauss also stated: "Babad will take up his position on December 1, when Bar Dea will accompany him during the coming period in order to enable an orderly and thorough transfer of the baton. I wish Shai success in fulfilling his duties."
Shai Babad: "I thank the Strauss board of directors and its head, Ofra Strauss, for the vote of confidence. Strauss is one of the leading and most important companies in the Israeli economy, which is a milestone in Israeli industry and in the history of the State of Israel - a company that combines exceptional values, Zionism and action. I am excited about the opportunity to take on the position of CEO of the group and lead it together with its people to growth and excellence in the years to come."