Board of Directors

EHUD EREZCHAIRMAN, DIRECTOR SINCE 2020

Mr. Erez previously served as the Chairman of Elad Group which specializes in Real Estate, prior to that he served as the CEO of Elad Group and prior to that as the CEO of Elad Canada. Currently, Mr. Erez serves as a board member in several Israeli firms, including Southern Properties Capital, Mishorim Investments and Luzon Group.

Board Committees: Financial Statements Approval Committee, Remuneration committee.

Education: BA in Economics and Accounting, the Hebrew University in Jerusalem. Licenced CPA.

YITZHAK (ISAAC) TSHUVACONTROLLING SHAREHOLDER, DIRECTOR SINCE 2014

Mr. Tshuva is an Israeli entrepreneur and businessman with global business operations. He is responsible for the discovery, beginning in 2000, of major natural gas reserves offshore Israel that enabled the country to become energy independent and to emerge as an international energy player.

In 1998, Mr. Tshuva acquired control of Delek Group, leading the company in a substantial expansion of its operations and transforming the company into a diversified global corporation with interests in upstream and downstream energy, insurance and financial services and automotive, among others. In pursuit of Mr. Tshuva’s vision, and in partnership with Noble Energy, since 2000 Delek Group has discovered substantial offshore natural gas reserves in Israel and Cyprus, including the Leviathan field, the world’s largest gas reserve discovered in deep water in the last decade.

Other: As an outgrowth of his personal vision and beliefs, Mr. Tshuva promotes economic ventures and partnerships between Israel and its neighbors to enable the advancement of the peace process and to pave the way for important shared achievements between Israel and its regional neighbors.

RONI RON MILOINDEPENDENT DIRECTOR SINCE 2015

Mr. Milo, an attorney, served as Chairman of the Board of Azorim Investment Ltd. of the IDB Group and Chairman of Cantor Fitzgerald Israel, as well as a board member of Bank Yahav, American Israeli Paper Mills Ltd. Group and Kardan Real Estate. Previously, he was a member of Israel’s Knesset (Parliament) for six terms,

serving as Israel’s Deputy Foreign Minister, Acting Minister of the Interior, Minister of the Environment, Minister of Labor and Welfare, Minister of Homeland Security, and a Member of the Ministerial Council on Security, Minister of Health and Minister for Regional Cooperation. He also served as the Mayor of Tel-Aviv-Jaffa from 1993 to 1998.
Board Committees: Audit Committee

Current Business Directorships: Mr Milo is hosting a TV show about current issues.

Education: LL.B from Tel-Aviv University

SHIMON DORONINDEPENDENT AND EXTERNAL DIRECTOR SINCE 2018

Mr. Shimon Doron previously served as VP of Planning and Logistics at Bar-Ilan University and is the owner of a strategic consulting firm. He currently serves as joint CEO of the Island Hotel in Netanya, and as member of administration of the Sephardi Federation in Jerusalem.

Board Committees: Committee for reviewing the financial statements, compensation committee, and audit committee

Education: MA in Political Science and International Relations, Open University

RUTH DAHAN PORTNOYINDEPENDENT AND EXTERNAL DIRECTOR SINCE 2020

Mrs. Dahan-Portnoy previously served as VP at the rating company S&P Maalot and was responsible for the rating of financial institutions (banks, insurance companies and investment houses). Currently, she is the founder and CEO of a advisory firm specializing in organization of financing solutions for corporates.

Mrs. Dahan-Portnoy also serves as a board member in several Israeli firms including Assuta Medical Centers, Mishorim Real Estate Inv. Ltd. and The Israeli Rail Services.

Board Committees:  Head of the Financial Statements Approval Committee, member of Audit Committee and Remuneration Committee.

Education: BA in Economics and MBA, the Hebrew University in Jerusalem

WHO WE ARE

Delek is an independent E&P and the pioneering visionary behind the development of the East Med.

STRATEGY

Delek’s strategy is to complete the divestment of its non-core assets and to become an international E&P pure-play.

HISTORY

Founded in 1951, Delek is evolving to become an international E&P pure play.

ABOUT US

Board of Directors