Izzy Sheratzky is a co-founder of our company and its President. He has previously
served as the Chairman of our Board of Directors, which in our company constitutes
both an officer and director positions, ever since our company was acquired from
Tadiran in 1995. Until 2003, Mr. Sheratzky also served as our Chief Executive
Officer. Mr. Sheratzky also serves as the Chairman of the Board of Directors of
Moked (1973) Investigations Company Ltd., Moked Services, Information and Investments
Ltd., and Moked Ituran. He also serves as a director in Tikal Document Collection
Ltd. Mr. Sheratzky is the father of Eyal, Nir and Gil Sheratzky, Brother of Efraim
Sheratzky and uncle of Tal Sheratzky-Jaffa.
Yehuda Kahane is a co-founder of our company and has served on our board since
1995. Professor Kahane is an entrepreneur in both the academic and business
arenas. He received the highest international insurance award for his lasting
contribution to the theory, practice and education in insurance and risk management.
He founded and chairs the YKCenter for Preparing for the New Economy. Professor
Kahane is a Professor Emeritus from the Faculty of Management, Tel Aviv University
where he headed the Institute for Business and the Environment. He taught at
many business schools around the world, including the Wharton School, the University
of Texas, the University of Toronto and the University of Florida, and has founded
and served as the first Dean of the Israeli Academic School of Insurance. Professor
Kahane chairs and is a major owner of Pango Parking and of Capital Point Ltd.,
and is active in the formation, seed investment and management of start-up companies
and technological incubators, unrelated to our company. He is involved in a
large number of not-for-profit enterprises dealing with a variety of aspects
of the new Economy, with the association for the visually impaired people, and
is a honorary member of the Israel-Brazil chamber of Commerce. Professor Kahane
holds a BA degree in Economics and Statistics, an MA degree in Business Administration
and a PhD in Finance from the Hebrew University of Jerusalem. He specializes
in insurance, risk management, environmental issues and technological forecasting.
He is the father of Yoav Kahane.
Zeev Koren has served as a director of our company since 2006 and since 2011
serves as the Chairman of the Board of Directors of the Company. In 1988 Brigadier
Gen. (Res) Koren retired from the Israel Defense Forces after a career of 25
years, where in his final position he served as the head of human resources
planning for the general staff division. Since then he has served in a senior
capacity in companies in the fields of international forwarding and medical
services. During the past eight years he has also served as the general manager
of a Provident Management Company. He holds a B.A. in Political Science and
Criminology from Bar Ilan University.
Efraim Sheratzky was appointed to the board on February 9, 2015 to replace Mr.
Amos Kurz, as a Class A Director. Efraim Sheratzky studied insurance in the
Israeli Insurance College. Efraim Sheratzky owns together with Yigal Shani,
Tzivtit Insurance Agency (1998) Ltd. Efraim Sheratzky served as our director
from 1999 and until 2005. Efraim Sheratzky is the brother of Izzy Sheratzky
and the uncle of Eyal, Nir and Gil Sheratzky and father of Ms. Tal Sheratzky-Jaffa.
Eyal Sheratzky has served as a director of our company since its acquisition
from Tadiran in 1995 and as a Co-Chief Executive Officer since 2003. Prior to
2003, he served as an alternate Chief Executive Officer of our company in 2002
and as Vice President of Business Development during the years 1999 through
2002. Mr. Sheratzky also serves as a director of Moked Ituran and certain of
our other subsidiaries, including Ituran Network. From 1994 to 1999, he served
as the Chief Executive Officer of Moked Services, Information and Investments
and as legal advisor to several of our affiliated companies. Mr. Sheratzky holds
LLB and LLM degrees from Tel Aviv University School of Law and an Executive
MBA degree from the Kellogg School of Management at Northwestern University,
USA. Mr. Sheratzky is the son of Izzy Sheratzky and the brother of Nir and Gil
Sheratzky and cousin of Effraim Sheratzky.
Nir Sheratzky has served as a director of our company since its acquisition
from Tadiran in 1995 and as a Co-Chief Executive Officer since 2003. Prior to
2003, Mr. Sheratzky served as an alternate Chief Executive Officer of our company
from 1995 to 2003. Mr. Sheratzky is also a director in Moked Ituran. He holds
BA and MA degrees in Economics from Tel Aviv University. Nir is the son of Izzy
Sheratzky and the brother of Eyal and Gil Sheratzky and cousin of Effraim Sheratzky.
Gil Sheratzky serves as a director of our company and since 2013 as our International
Activity and Business Development Officer. Mr. Sheratzky has been serving since
January 23, 2007 as the Chief Executive Officer of our subsidiary, E-Com Global
Electronic Commerce Ltd. From 2003 and until 2013 Mr. Sheratzky served as our
advertising officer. During the years 2000 - 2001 Gil worked in our control
center, and during the years 2001 - 2002 he worked in an advertising agency.
Mr. Sheratzky holds a BA in Business Administration from the Herzliya Interdisciplinary
Center, and an MBA degree from the Booth School of Business at Chicago University,
USA. Nir Sheratzky is the son of Izzy Sheratzky and the brother of Eyal Sheratzky
and Nir Sheratzky and cousin of Effraim Sheratzky.
Yoav Kahane has served as director of our company since 1998. Mr. Kahane is
serving as the Chief Executive Officer of Spot-On Therapeutics Ltd., a startup
company that develops a non-invasive brain stimulation technology for the treatment
of dizziness and ADHD. During 2006-2014, Mr. Kahane has worked for Enzymotec
in various managerial positions including Director of Business Development,
VP Sales & Marketing, Infant Nutrition Business Unit Manager, Chief Executive
Officer and Chairman of Advanced Lipids AB, a joint venture of AAK AB and Enzymotec,
specializing in nutritional ingredients to the infant nutrition industry. During
the years 2004-2005, Mr. Kahane served as Vice President of Sales and Marketing
in Elbit Vision Systems Ltd. During the years 2001 and 2002, he served as Manager
of Business Development in Denver Holdings and Investments Ltd. In 2000, Mr.
Kahane established Ituran Florida Corp. and served as its Chief Executive Officer
until 2001. Mr. Kahane holds a BA degree in Life Sciences form Tel-Aviv University,
a BA degree in Insurance and an MBA degree from the University of Haifa. Yoav
Kahane is the son of Professor Yehuda Kahane.
Yigal Shani has served as a director of our company since its acquisition
from Tadiran in 1995. Mr. Shani is an insurance agent and a partner in the insurance
agency Tzivtit Insurance Agency (1998) Ltd. together with Efraim Sheratzky,.,
which provides insurance services to our company. Mr. Shani, has resigned on
March 13, 2014 in order to allow compliance with the provisions of the Israeli
Companies Law, which require that the board of directors to include at least
one female and was reappointed on February 9, 2015 to replace Mr. Avner Kurz,
as a Class B Director.
Israel Baron has been serving as an external director of our company since 2003
and is the Chairman of our boards committees. Mr. Baron serves as a director
in Poalim Trust Services Ltd., a fully owned subsidiary of Bank Hapoalim Ltd.
In addition, Mr. Baron has been serving as Chief Executive Officer of several
public sector employee retirement and saving plans since 2003. Prior to 2003,
Mr. Baron managed an organizational consulting firm, served as an investment
manager in the Isaac Tshuva group during the years 1999 to 2001 and as Chief
Executive Officer of Gmulot Investment Company Ltd. Mr. Baron serves as a director
of Quality Baron Management Services Ltd. and until 2004 he served as a director
of Brill Shoe Industries Ltd. Mr. Baron is a certified CPA and holds a BA degree
in Economics and Accounting from the Bar-Ilan University in Ramat-Gan, Israel.
Israel Baron was reelected on December 15, 2014 for additional 3 year term to
serve as external director.
Gidon Kotler is an external director of our company. He was nominated on April
30, 2014. Prior to his retirement on 2016, Mr. Kotler has been serving as the
assets manager of Strauss-Group Ltd., one of Israels largest public companies,
since 1997. Prior to that, Mr. Kotler has served for 3 years as the chief executive
officer of the Tel-Aviv New Central Bus Station, and for 14 years as the chief
executive officer of the Dizengof Centers management company. Mr. Kotler has
served as an external director of Elran Real Estate Ltd. from 2007 until 2010.
Ms. Tal Sheratzky -Jaffa was appointed as a member of the board, and serves
as a Class A director until December 25, 2016. Ms. Sheratzky-Jaffa is a partner
at the High Tech and Venture Capital Department of the law firm Amit, Pollak,
Matalon and Co.(APM), specializing in the fields of mergers and acquisitions,
venture capital and private equity investments, fund formation, high-tech and
corporate governance. Prior to joining APM, Ms. Sheratzky-Jaffa was an associate
at the New York offices of the international law firm Akin Gump Strauss Hauer
& Feld. Ms. Sheratzky-Jaffa holds LL.B and B.A degrees in Economics from
Haifa University and LL.M degree from Columbia University (New York) and is
a member of the Israeli Bar Association and the New York State Bar. Ms. Sheratzky-Jaffa
is the nephew of Izzy Sheratzky and the cousin of Eyal, Nir and Gil Sheratzky
and the daughter of Efraim Sheratzky.
Ami Saranga has been serving as the Deputy Chief Executive Officer of our company
since 2011. Prior to that Mr. Saranga served as our VP Marketing since 2008.
Prior to 2008, Mr. Saranga managed the SME division of Pelephone Communications
Ltd., one of Israels largest telecommunication network operators. Mr. Saranga
holds a BA degree in Business Administration from Ruppin Academic Center, Israel.
Eli Kamer has served as Executive Vice President, Finance and Chief Financial
Officer of our company since 1999, after serving as its Finance Department Manager
since 1997. Prior such date, Mr. Kamer worked as an accountant in Fahn Kanne
& Co., our independent auditors. Mr. Kamer is a CPA and holds a BA degree
in Business Administration from the Israel College of Management and an MBA
degree in business administration from Bar Ilan University.
Ituran Location And Control Ltd currently has 2917 employees.
