Partner Communications Reports Management Changes
On May 12, 2021, Partner Communications Company announced the appointment of Avi Zvi as the new CEO, leading to the resignation of Deputy CEO Yuval Keinan, who served for five and a half years.
Rhea-AI Summary
On May 12, 2021, Partner Communications Company announced the appointment of Avi Zvi as the new CEO, leading to the resignation of Deputy CEO Yuval Keinan, who served for five and a half years. Following this transition, the Vice Presidents of Marketing & Customer Service and Human Resources & Administration have also indicated their intention to resign after 4 and 11 years, respectively. These management changes may signify a shift in strategic direction for the company, which provides a range of telecommunications services in Israel, with its shares traded on NASDAQ (PTNR) and TASE (PTNR).
Positive
- Appointment of Avi Zvi as new CEO could bring fresh perspectives to company strategy.
Negative
- Resignations of multiple executives may raise concerns about leadership continuity and experience gaps.
Details
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ROSH HA'AYIN, Israel, May 13, 2021 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator, reports, that following the appointment on May 12, 2021, of Mr. Avi Zvi as new CEO at the Company, Mr. Yuval Keinan, Deputy CEO of the Company, submitted his resignation to the Board of Directors. He has been with the Company five and a half years.
In addition, upon the change of CEO, VP Marketing & Customer Service Division and VP Human Resources & Administration have also informed the Company of their intention to resign after 4 and 11 years of service, respectively.
About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ: PTNR) (TASE: PTNR).
For more information about Partner see:
http://www.partner.co.il/en/Investors-Relations/lobby/
Logo - https://mma.prnewswire.com/media/1334689/Partner_Communications_Logo.jpg
Contacts:
Mr. Tamir Amar
Chief Financial Officer
+972-54-781-4951
Mr. Amir Adar
Head of Investor Relations & Corporate Projects
+972-54-781-5051
investors@partner.co.il
View original content:http://www.prnewswire.com/news-releases/partner-communications-reports-management-changes-301291156.html
SOURCE Partner Communications Company Ltd.
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