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Published 11 days ago

Institutional objected and Bazen CEO will not receive upgraded grant

Summary by כלכליסט- www.calcalist.co.il
Babzan wanted to upgrade CEO Asaf Almagor's grant in view of his performance in the war, from NIS 2.1 million to NIS 3 million, and bring the cost of his annual salary to NIS 8.6 million; officials in two institutional bodies explained to The Economist that the resistance was due to the fact that the upgrade of conditions leads to exceeding the maximum remuneration set by the remuneration policy in companies Offerings, depending on the market va…

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