Israel Chemicals Ltd. (ICL) has made a number of management appointments in light of executive retirement plans. Mr. Yossi Shahar, 63, executive vice president, corporate development, since 2008, plans to retired March 31, 2012, while Nathan Dreyfuss, 60, vice president, finance, since 1994, plans to step down April 30, 2012.
Shahar will be replaced by Mr. Avi Doitchman, currently executive vice president and CFO, who will be appointed executive vice president, CFO and strategy, and will be responsible for corporate development, strategy and regulatory affairs. Doitchman will be assisted by ICL’s current controller, Mr. Amir Benita, 38, who will be promoted to the position of vice president, accounting; by Mr. Hezi Israel, 44, who will be promoted to the position of vice president, business development and strategy; and by Mr. Yakir Menashe, Adv., 40, who will be promoted to the new position of vice president, regulatory affairs and compliance. The latter is a new position that will be responsible for all of the company’s activities related to global regulations and enforcement issues, both in Israel and throughout the world.
Menashe has served as assistant to the CEO for the past six years. He holds a B.A. in Law from the College of Management, and worked previously for the law firm Efrati Galili and Partners, where he specialized in securities law, transactions, and mergers and acquisitions.
Most recently, Israel has served for the past five years as vice president, strategy and business development, for ICP Products Inc. He holds an M.B.A. from Tel Aviv University and a B.A. in Economics and Political Science from Tel Aviv University.
Benita has served during the past five years as ICL’s controller. Previously, from 2001-2009, he served as a lecturer for the College of Management, and as a senior manager for the Ernst & Young accounting firm. He is a CPA and holds a B.A. in Business Management from the College of Management.
Dreyfuss will be replaced by Michael Hazzan, 46, who will be promoted to the position of vice president, finance. Hazzan, a CPA, has worked in ICL’s finance department for 18 years, including five as the company’s group treasurer. He holds a B.A. in Economics from Tel Aviv University and an M.A. in Economics from Bar Ilan University.