Osem chairman Dan Propper (81) has introduced that he’s stepping down on the finish of the yr after 56 years on the Israeli meals firm. Propper joined Osem in 1966 after learning engineering on the Technion, Israel Institute of Know-how in Haifa. Two years later he was appointed supervisor of the corporate’s first plant in Bnei Brak. Since then Propper has served in a variety of key positions within the firm. He was CEO for 25 years and chairman for the previous 17 years.
In 1992, Propper led Osem’s IPO on the Tel Aviv Inventory Change (TASE) and he initiated and created the reference to international meals large Nestle, main the negotiations for Osem’s merger into Nestle in 2016. Propper additionally served as president of the Producers Affiliation of Israel for six years.
Osem Nestle CEO Avi Ben Assayag stated, “Along with his exhausting work and imaginative and prescient, Dan charted the way in which for Osem’s transformation from a small firm to a number one meals concern in Israel, in addition to establishing it as a big firm in Nestlé, the most important meals firm on the planet. Dan is a pillar of society and Israeli business, labored to increase and set up factories within the periphery, served as president of the Producers’ Affiliation and made a big contribution to the development and improvement of business, the financial system and the nation.
“Dan is a pacesetter, instructor and information of many staff and managers at Osem, and of generations of senior executives, of the varied CEOs and likewise of me personally. Over time now we have acted on his imaginative and prescient and benefited from his many insights, life knowledge and expertise which might be distinctive to him. I wish to thank him personally and on behalf of hundreds of Osem staff for the massive endeavor that he constructed and leaves for future generations.”
Revealed by Globes, Israel enterprise information – en.globes.co.il – on October 30, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.