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Avi Gabbay has been appointed CEO of Accomplice Communications Co. Ltd. (Nasdaq: PTNR; TASE:PTNR), regardless of market sources believing he would turn out to be chairman of the board.
The previous Labor celebration chairman and MK served as CEO of rival Israeli telecom Cellcom Israel Ltd. (NYSE:CEL; TASE:CEL) till final November, and assumes his new place with Accomplice on June 1, after a six months ‘cooling off’ interval.
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Gabbay, who has additionally beforehand served as Bezeq Israel Telecommunications Firm Ltd. (TASE:BZEQ) CEO, is a part of the patrons group, which purchased management of Accomplice from Hutchison for $300 million, of which Gabbay personally invested $90 million.
Gabbay stated, “I’m delighted to hitch the Accomplice Group and thank the board of administrators for his or her selection. I consider that along with the administration, workers and board, we’ll proceed to run ahead for the good thing about the corporate’s prospects and shareholders.”
Printed by Globes, Israel enterprise information – en.globes.co.il – on Might 23, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
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