Tel Aviv, November 27, 2019. Delek Group (TASE: DLEKG, US ADR: DGRLY) (“the Company”) announces that Mr. Asaf Bartfeld, the current CEO of Delek Group, will be retiring at the end of 2019 after serving in various functions at the Company for more than 30 years.
Mr. Idan Wallace, currently deputy CEO, has been appointed as the new Chief Executive Officer commencing January 1, 2020.
This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on November 27, 2019.
Delek Group is an independent E&P and the pioneering visionary behind the development of the East Med. With major finds in the Levant Basin, including the Leviathan (21.4 TCF) and Tamar (11.2 TCF) reservoirs and others, Delek is leading the region’s development into a major natural gas export hub. In addition, Delek has embarked on an international expansion with a focus on high-potential opportunities in the North Sea and North America. Delek Group is one of Israel’s largest and most prominent companies with a consistent track record of growth. Its shares are traded on the Tel Aviv Stock Exchange (TASE:DLEKG) and are part of the TA 35 Index.
For more information on Delek Group please visit www.delek-group.com
Head of Investor Relations
Delek Group Ltd.
Tel: +972 9 863 8443