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Israel largest refining and petrochemicals group CEO to step down

May 08/2019

MOSCOW (MRC) -- Israels Oil Refineries (ORL) said its chief executive, Yashar Ben Mordechai, will step down at the end of the month, citing personal reasons, said Hydracarbonprocessing.

Ben Mordechai will be replaced temporarily by his deputy, Shlomi Bason, who oversees human resources, safety and security, and environmental issues. ORL, Israels largest refining and petrochemicals group, said its board had formed a search committee for a permanent CEO.

The company also said that its chairman, Ovadia Eli, who was due to step down in the second quarter, will stay on until July 1 when his replacement, Johanan Locker, officially begins.
Author:Anna Larionova
Tags:petroleum products, petrochemistry, Crude oil, Israel.
Category:General News
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