After nine years in the position, Joel Feldschuh, CEO of Nesher Israel Cement Enterprises is stepping down. Local press has reported that the former CEO of Better Place Israel, Moshe Kaplinsky, has been offered the job.
Earlier this year, Nesher’s holding group, Clal industries was bought by Len Blavatnik’s Access Industries Inc, and Feldschue cited “the transfer of the control of the company” as one of the reasons that he “felt this was the time to step down.” He announced that his departure would be effective as of 31 December 2013.
Jack Davidson takes a look at the cement markets of the Middle East and North Africa as they begin to emerge from social and political unrest and the global economic slowdown. This is an abridged version of the full article, which appeared in the November 2012 issue of World Cement. Subscribers can view the full article by logging in.