Blue Square-Israel Ltd Announces Appointment of a Chief Financial Officer and Chief Operation Officer
October 27 2003 - 12:58PM
PR Newswire (US)
Blue Square-Israel Ltd Announces Appointment of a Chief Financial
Officer and Chief Operation Officer ROSH HAAYIN, Israel, Oct. 27
/PRNewswire-FirstCall/ -- Blue Square-Israel Ltd. (hereinafter:
"Blue Square") announced today that Mr. Emanuel Avner was appointed
as Vice President and Chief Financial Officer of Blue Square, as of
November 2, 2003. Mr. Avner served from 1999 until today as Chief
Financial Officer, Chief Purchasing Officer and Chief
Computerization Officer of Ericsson Israel. From 1993 to 1999, he
served as Corporate Controller and Deputy CFO of Supersol Ltd. Mr.
Avner is a CPA (admitted to the American and Israeli bar) and holds
a Masters in Business Administration and a BA in Economics and
Accounting from the Hebrew University of Jerusalem. Further, Blue
Square announced the appointment of Mr. Michael (Miki) Lev as Vice
President and Chief Operation Officer of Blue Square, as of
November 2, 2003. Mr. Lev replaces Haim Gershon, whose term as Vice
President and Chief Operation Officer of Blue Square ended as of
October 26, 2003. Blue Square expresses its deep appreciation to
Mr. Haim Gershon for his contribution to Blue Square during the
years he served in Blue Square. Mr. Lev served as head of the Human
Resources and Quality Division of Blue Square from January 1997
until today. From 1994 to 1996, Mr. Lev served as the director
general of the Lahav School of Management at the Recanati School of
Business Administration in Tel-Aviv University. From 1992 to 1994,
Mr. Lev served as a Management Consultant in the Private and Public
Sectors. Mr. Lev holds a MSc degree in Administration from Naval
Post-Graduate School, Monterey, California, USA. Further, Blue
Square announced the appointment of Mr. Moshe Shatz as head of the
Human Resources and Quality Division of Blue Square, as of November
17, 2003. Mr. Shatz replaces Mr. Michael (Miki) Lev. Mr. Shatz
served as a manager in the Tel-Aviv Municipality from 1999 until
today. From 1993 to 1998, he served as the manager of personnel and
administration division of UMI -- Universal Motors Israel Ltd. Mr.
Shatz holds a BA in Political Science from Bar Ilan University.
Blue Square-Israel Ltd is a leading retailer in Israel. A pioneer
of modern food retailing in the region, Blue Square currently
operates 164 supermarkets under different formats, each offering
varying levels of services and prices. For more information, please
refer to the Blue Square-Israel Ltd. website at
http://www.coop.co.il/. Forward Looking Statements The statements
contained in this release, except for historical facts, which are
forward-looking with respect to plans, projections, or future
performance of the Company, involve certain risks and
uncertainties. Potential risks and uncertainties include, but are
not limited to, risk of market acceptance, the effect of economic
conditions, the impact of competitive pricing, supply constrains,
the effect of the Company's accounting policies, as well as certain
other risks and uncertainties which are detailed in the Company's
filings with the Securities and Exchange Commission, particularly
the prospectus for its public offering in July, 1996. Contact: Blue
Square-Israel Ltd. Iris Penso General Counsel & Corporate
Secretary Telephone: 972-3-9282670 Fax: 972-3-9282498 Email:
DATASOURCE: Blue Square-Israel Ltd. CONTACT: Iris Penso, General
Counsel & Corporate Secretary of Blue Square-Israel Ltd.,
+972-3-9282670, fax, +972-3-9282498, Web site:
http://www.coop.co.il/
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