The public committee charged with appointing external directors to the Tel Aviv Stock Exchange (TASE) Board of Directors appointed Yoav Chelouche to serve as an external director on the Board.
Yoav Chelouche is a leading figure in Israeli high-tech and since mid- 2012 serves as co-chairman of the Israeli Advanced Technology Industries (IATI) organization together with Dr. Benny Zeevi. Since 2001, Mr. Chelouche has been a managing partner of Aviv Venture Capital involved in all aspects of managing the firm – formulating strategy, capital raising and evaluating and selecting portfolio companies. He serves as director and observer on the boards of several of the firm’s portfolio companies. Chelouche is currently a board member of Check Point Software Technologies and in the past served as Chairman of the Board of a number of public companies listed on various securities exchanges, including: Dmatek (LSE), Rosetta Genomics (NASDAQ) and Rosetta Green (TASE). During the years 1996-2001 he served as President and CEO of Scitex Corporation and successfully led the rehabilitation of the company’s core business and the buildup of its activities in digital printing. Prior to being appointed president and CEO of the company, Chelouche served in several VP positions at Scitex and was responsible for formulating and implementing the strategy to specialize in digital printing and for managing the company’s operations in Japan. In 2010 he was awarded the distinction of being “one of the fifty graduates who have changed the world” by INSEAD, the French university at which he studied Business Administration.
Upon the announcement of the appointment, Amnon Neubach, TASE Chairman of the Board remarked: “I am pleased that Yoav Chelouche is joining the board. Yoav has led many companies through the process of raising capital and public offerings and he brings to the table familiarity with companies potentially ripe for a TASE listing, as articulated in the TASE work plan. I am confident that his professional experience and personal abilities will contribute greatly to furthering the challenging processes that the TASE Board of Directors has undertaken to spearhead in the coming years.”
The committee to appoint external directors operates under Israel’s Securities Law. The committee is chaired by Judge (Emeritus) Uri Goren and its members include the Chairman of the Israel Securities Authority, the TASE Chairman of the Board and the Dean of the Faculty of Management of Tel Aviv University.
