Elbit Imaging Ltd. Appoints Doron Moshe, as Chief Executive Officer (CEO)
March 31 2016 - 3:09PM
Elbit Imaging Ltd. ("
EI" or the
"
Company") (TASE:EMITF) (NASDAQ:EMITF) announced
today, the appointment of Mr. Doron Moshe, as the Company's Chief
Executive Officer (CEO).
Mr. Moshe's terms of office and employment as
the Company’s CEO were approved at the Extraordinary general
meeting of the Company's shareholders held on March 31, 2016.
Mr. Moshe served as the Company's CFO since 2010
and as the Company's acting CEO since April 1, 2015 and will
continue to serve as the Company's CFO in addition and in parallel
to his role as the Company's CEO.
Such appointment is effective as of April 1, 2016.
About Elbit Imaging Ltd.
Elbit Imaging Ltd. operates in the following
principal fields of business: (i) Commercial centers - initiation,
construction, and sale of commercial centers and other mixed-use
property projects, predominantly in the retail sector, located in
Central and Eastern Europe. In certain circumstances and depending
on market conditions, the Group operates and manages commercial
centers prior to their sale. (ii) Hotels - hotels operation
and management. (iii) Medical industries and devices - (a) research
and development, production and marketing of magnetic resonance
imaging guided focused ultrasound treatment equipment, and (b)
development of stem cell population expansion technologies and stem
cell therapy products for transplantation and regenerative
medicine. (iv) Plots in India - plots designated for sale initially
designated to residential projects.
Any forward-looking statements in our releases include
statements regarding the intent, belief or current expectations of
Elbit Imaging Ltd. and our management about our business, financial
condition, results of operations, and its relationship with its
employees and the condition of our properties. Words such as
“believe,” “expect,” “intend,” “estimate” and similar expressions
are intended to identify forward-looking statements but are not the
exclusive means of identifying such statements. Actual results may
differ materially from those projected, expressed or implied in the
forward-looking statements as a result of various factors
including, without limitation, a change in market conditions, a
decision to deploy the cash for other business opportunities and
the factors set forth in our filings with the Securities and
Exchange Commission including, without limitation, Item 3.D of our
annual report on Form 20-F for the fiscal year ended December 31,
2014, under the caption “Risk Factors.” Any forward-looking
statements contained in our releases speak only as of the date of
such release, and we caution existing and prospective investors not
to place undue reliance on such statements. Such forward-looking
statements do not purport to be predictions of future events or
circumstances, and therefore, there can be no assurance that any
forward-looking statement contained in our releases will prove to
be accurate. We undertake no obligation to update or revise any
forward-looking statements.
For Further Information:
Company Contact
Ron Hadassi
Chairman of the Board of Directors
Tel: +972-3-608-6048
Fax: +972-3-608-6050
ron@elbitimaging.com
Elbit Imaging (CE) (USOTC:EMITF)
Historical Stock Chart
From Mar 2024 to Apr 2024
Elbit Imaging (CE) (USOTC:EMITF)
Historical Stock Chart
From Apr 2023 to Apr 2024