Board of Directors delekgroup
BOARD OF DIRECTORS
GABRIEL LASTCHAIRMAN, DIRECTOR SINCE 2003
Mr. Last is the Chairman of Delek Group and of several of its subsidiaries and affiliates. From 2001 to 2003, Mr. Last served as CEO of Delek Group Ltd., and, from 1998 to 2001, as Managing Director of the Israeli Society of Insurance Companies and the Israeli Association of Life Insurance Companies Ltd.
Mr. Last also served as a Commander of Tel Aviv district in the Israeli Police Force between 1993 and 1996, and as a Vice Inspector General of the Israeli Police Force from 1996 to 1998. Board Committees: Investment Committee
Education: LL.B from Tel Aviv University; MA in Political Science and Mathematics, with honors, from Haifa University; AMP (Advanced Management Program for Executive Officers) at Harvard University. Awarded a Doctorate Honoris Causa by Netanya Academic College.
YITZHAK (ISAAC) TSHUVACONTROLLING SHAREHOLDER, DIRECTOR SINCE 2014
Mr. Tshuva is an Israeli entrepreneur and businessman with global business operations. He is responsible for the discovery, beginning in 2000, of major natural gas reserves offshore Israel that enabled the country to become energy independent and to emerge as an international energy player.
In 1998, Mr. Tshuva acquired control of Delek Group, leading the company in a substantial expansion of its operations and transforming the company into a diversified global corporation with interests in upstream and downstream energy, insurance and financial services and automotive, among others. In pursuit of Mr. Tshuva’s vision, and in partnership with Noble Energy, since 2000 Delek Group has discovered substantial offshore natural gas reserves in Israel and Cyprus, including the Leviathan field, the world’s largest gas reserve discovered in deep water in the last decade.
Other: As an outgrowth of his personal vision and beliefs, Mr. Tshuva promotes economic ventures and partnerships between Israel and its neighbors to enable the advancement of the peace process and to pave the way for important shared achievements between Israel and its regional neighbors.
RONI RON MILOINDEPENDENT DIRECTOR SINCE 2015
Mr. Milo, an attorney, served as Chairman of the Board of Azorim Investment Ltd. of the IDB Group and Chairman of Cantor Fitzgerald Israel, as well as a board member of Bank Yahav, American Israeli Paper Mills Ltd. Group and Kardan Real Estate. Previously, he was a member of Israel’s Knesset (Parliament) for six terms,
serving as Israel’s Deputy Foreign Minister, Acting Minister of the Interior, Minister of the Environment, Minister of Labor and Welfare, Minister of Homeland Security, and a Member of the Ministerial Council on Security, Minister of Health and Minister for Regional Cooperation. He also served as the Mayor of Tel-Aviv-Jaffa from 1993 to 1998. Board Committees: Audit Committee
Current Business Directorships: Mr Milo is hosting a TV show about current issues.
Education: LL.B from Tel-Aviv University
ABRAHAM (AVI) HARELDIRECTOR SINCE 2006
In the past, Mr. Harel served as the CFO of Bank Hapoalim, and held a number of positions as a member of its Board of Management. In addition, Mr. Harel served as Chairman of Bank Otsar Hahayal and Poalim Capital Markets, and was a member of the Board of Directors of the Tel-Aviv Stock Exchange and Maalot
– the Israeli rating company. Mr. Harel lectured for many years at the Department of Economics of Tel Aviv University and is a member of the boards of several companies (including banks) in and outside of Israel.
Board Committees: Committee for the Reviewing of Financial Statements; Compensation Committee
Current Business Directorships: Director of Phoenix Holdings Ltd.; Phoenix Insurance Co. Ltd.; Meteor Aerospace Ltd.; Yiddishpiel – Israel Yiddish Theater – Administration Committee; Poalim Capital Markets Investments and Holdings Ltd.; Bank Hapoalim (Switzerland) Ltd. Bank Hapoalim (Luxemburg) S.A.; Friends of Rabin Medical Center – Executive Committee; A. Harel Consulting Ltd.
Education: BA in Economics and Statistics from Tel Aviv University; MA in Economics (Summa Cum Laude) from Tel Aviv University
CARMIT ELROYDIRECTOR SINCE 2012
Ms. Elroy is active in Israel’s real estate and wholesale/retail trade industries. She is the owner and CEO of Pharmacin Ltd., and Baraka Or Holdings Ltd. She currently serves as a director of Delek Israel Fuel Corp. Ltd. and Delek Drilling Management (1993) Ltd.
Education: B.A. in Special Education and Humanities from the University of Tel Aviv.
YEHUDIT TEITELMAN ZEIDENBERGEXTERNAL INDEPENDENT DIRECTOR SINCE 2015
Ms. Zeidenberg has held a number of senior positions in the investment sector including Deputy CEO and VP Investment Division of Ayalon Insurance Company, Chief Investment Manager of Migdal Gemel Platinum and Investment Department Manager of Bank Mizrahi Provident Funds.
Board Committees: Balance Sheet Committee, Remuneration Committee and Audit Committee
Current Business Directorships: Ms. Zeidenberg is a member of the boards of Mahog – Pension Fund for Employees of Israel Electric Corp. and Sella Capital Real Estate Ltd.
Education: MA in Economics, MBA and BA in Economics and Statistics from the Hebrew University of Jerusalem
ARIE ZIEFEXTERNAL DIRECTOR SINCE 2015
Mr. Zief served as Head of Customs and Value Added Tax for the State of Israel. He was also Chairman of Carmel Olefins, Bank Mizrahi Investments, Modgal Ltd., the Israel Betting Council and Flower Growers Council. Mr. Zeif also served as a director of Bank Mizrachi Group and Senior Deputy Director General of Foreign Trade.
He was also Vice President of the Chamber of Commerce and a member of the Advisory Committee of the Bank of Israel. Board Committees: Chairperson of Balance Sheet Committee, the Remunerations Committee and the Audit Committee
Current Business Directorships: Mr. Zief is a director of Petrochemical Enterprises Industries, Shlomo Sixst Holdings, Carmel Olefins Ltd., Koor Industries Ltd., Michael Landau Lottery Foundation and Ardelia Holdings Ltd.
Other: Honorary Treasurer of Israel’s Olympic Committee, Member of the Board of Israel’s Football Association and Committee Director of the Landau Prize for Arts and Sciences.
Education: Degree in Agricultural Economics from the Hebrew University of Jerusalem.
WHO WE ARE
Delek is an independent E&P and the pioneering visionary behind the development of the East Med.