No Result
View All Result
  • Login
Wednesday, August 12, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Israel Railways disarray deepens after new CEO nixed

by theadvisertimes.com
3 weeks ago
in Business
Reading Time: 2 mins read
A A
0
Israel Railways disarray deepens after new CEO nixed
Share on FacebookShare on TwitterShare on LInkedIn


The committee for examining appointments in government companies, headed by retired Judge Shulamit Dotan, has disqualified the appointment of Yaakov Marciano as Acting CEO of Israel Railways. Marciano, who has served as VP passengers division since last December, was selected to replace Avner Flor, who has been appointed chairman. The committee headed by Dotan has ruled that Marciano lacks sufficient experience and is not suitable for the company’s needs at this time.





RELATED ARTICLES




Regev pushes to appoint crony as Israel Railways chair


Israel Railways opens eastern line


Smotrich promoting Israel Railways privatization






The board of directors’ decision to appoint Marciano stirred up controversy, with two directors resigning in protest. Sarah Frisch Sarah Frisch, a member of Israel Railways board and a retired judge, wrote to Minister of Transport Miri Regev. “A fundamental decision was made at the board meeting regarding the appointment of an acting CEO. In my opinion, the decision is not appropriate for the company at this time. I am not prepared to accept responsibility for this decision, which was made by a majority of four to two. Since I do not have the ability to change this decision, I have decided to resign from my position as a director.” In addition director Shlomit Geller also voted against the appointment and resigned.

With the resignation of the directors, the Israel Railways board of directors is left without public representatives, However, it is possible that Marciano’s disqualification will lead to the return of Frisch and Geller to the board.

The latest disqualification comes at a time when Israel Railways is already facing a complex situation. The railway’s last permanent CEO Moshe Zana stepped down in July 2025. Since then, the company has been operating with an acting CEO, with the search committee expected to embark on another round of searches after failing to find a suitable candidate. The last person to hold the position of acting CEO was Avner Flor, who is now becoming the company’s chairman.

Published by Globes, Israel business news – en.globes.co.il – on July 21, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: CEOdeepensDisarrayIsraelnixedRailways
ShareTweetShare
Previous Post

The High Cost of Just Cause

Next Post

270. “We’re sacrificing our retirement to pay for our kids’ college”

Related Posts

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

by theadvisertimes.com
August 8, 2026
0

According to average rates from the Zillow lender marketplace, mortgage rates are mixed heading into the weekend compared to Friday....

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

by theadvisertimes.com
August 8, 2026
0

Return-to-office mandates are just a blip; Setting your alarm before sunrise and standing shoulder-to-shoulder on a packed train, just to...

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by theadvisertimes.com
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

by theadvisertimes.com
August 8, 2026
0

India’s financial stocks are entering a more selective phase, where the strength of a lender’s deposit franchise, underwriting discipline and...

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by theadvisertimes.com
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

Ondo Perps hits  billion in volume weeks after launch

Ondo Perps hits $7 billion in volume weeks after launch

by theadvisertimes.com
August 7, 2026
0

Ondo Finance's derivatives platform has raced past $7 billion in cumulative trading volume, according to data from analytics site DefiLlama,...

Next Post
270. “We’re sacrificing our retirement to pay for our kids’ college”

270. “We’re sacrificing our retirement to pay for our kids’ college”

CIMB unveils private wealth proposition for ASEAN clients

CIMB unveils private wealth proposition for ASEAN clients

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

August 3, 2026
The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

July 20, 2026
The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

July 27, 2026
Managed accounts ramping up tax alpha services: Cerulli

Managed accounts ramping up tax alpha services: Cerulli

July 20, 2026
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

0
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

0
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

0
The Unwinnable Iran War | Armstrong Economics

The Unwinnable Iran War | Armstrong Economics

0
Bezeq declares NIS 515m dividend

Bezeq declares NIS 515m dividend

0
AI Will Clarify What Asset Managers Are Paid For

AI Will Clarify What Asset Managers Are Paid For

0
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

August 8, 2026
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

August 8, 2026
Bitcoin outlook: ,000 or ,000 this weekend

Bitcoin outlook: $70,000 or $60,000 this weekend

August 8, 2026
Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

August 8, 2026
CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

August 8, 2026
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

August 8, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push
  • Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak
  • Bitcoin outlook: $70,000 or $60,000 this weekend
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.