Dan Proper retire retires from his position as chairman of Osem after 56 years

Posted on Oct 30, 2022 by Ifi Reporter

Dan Proper (81) announced his decision to retire from his position as chairman of Osem at the end of this year after 56 years with the company. Proper joined the company in 1966 after completing engineering studies at the Technion and about two years later was appointed to manage the company's first plant in Bnei Brak. Since then, for over - 5 decades, served in a number of key positions in the company, of which 25 years as CEO and in the last 17 years he served as the company's chairman.
On the basis of the factory in Bnei Brak, which was established by the 7 founders of the company, including his father, the late Eugene Proper, Dan Proper led the development and construction of an Israeli company that represented Israeli industry worldwide. The moves promoted by Proper led to the expansion of development areas and increased sources of employment in the periphery, including The establishment of 7 factories, dozens of innovative product lines, as well as logistics and distribution centers, these moves led the company to the production and export of thousands of different products that are found and sold in every home in Israel.
In 1992 Proper led the company's IPO on the Tel Aviv Stock Exchange and was the one who initiated and created the relationship with the global food giant Nestlé, and later even managed the contacts that led to the merger of Asem into Nestlé in 2016.
During all the years of his work at Asem, Proper engaged in public activities, and among other things he served as the president of the Association of Manufacturers for 6 years, the chairman of the Bank of Israel's advisory board for 3 years, and the chairman of the coordination bureau of the economic organizations. In 1990 Proper was chosen to receive the Industry Award and in 1999 he was awarded an honorary doctorate by the Technion for his contribution to the Israeli economy and industry. In 2006 he received a Lifetime Achievement Award from the Histadrut and in 2003 he received an MBE from Queen Elizabeth II for his contribution to strengthening the economic relations between Israel and Great Britain.
Profer was elected to the Board of Trustees of the Technion, Tel Aviv University and Ben Gurion University of the Negev and also serves as a member of various boards of directors.


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