Alon Holdings Blue Square-Israel Announces Appointment of Limor Ganot as
ROSH HAAYIN, Israel, March 22, 2013
ROSH HAAYIN, Israel, March 22, 2013 /PRNewswire/ --
Alon Holdings Blue Square - Israel Ltd. (NYSE: BSI) (hereinafter: "Alon
Holdings") announced today that Ms. Limor Ganot has been appointed to serve
as the Co-CEO of Alon Holdings, alongside current CEO and Chief Operating
Decision Maker Mr. David Wiessman, commencing April 1, 2013.
Ms. Ganot will spend two-thirds of her working time as Co-CEO of Alon Holdings
and one-third of her time working with other companies in the Alon Group.
Since, 2004, Ms. Ganot has served in various capacities at Alon Israel Oil
Company Ltd., and most recently as Vice President Business Development and
Mergers and Acquisitions. Ms. Ganot is a certified CPA.
Yitzhak Bader, Chairman of the Board of Alon Holdings said, "We are pleased
that Limor Ganot has agreed to serve as Co -CEO. Limor has a deep
understanding and rich experience in our business and the business of our
subsidiaries. We believe that with her experience and qualifications
exhibited at her previous positions Limor can contribute significantly to the
Alon Holdings group working alongside David Wiessman."
Alon Holdings Blue Square- Israel Ltd. (hereinafter: "Alon Holdings") is the
leading retail company in the State of Israel and operates in five reporting
segments: In its supermarket segment, Alon Holdings, as a pioneer in the
modern food retail, through its 100% subsidiary, Mega Retail Ltd., currently
operates 213 supermarkets under different formats, each offering a wide range
of food products, "Near Food" products and "Non-Food" products at varying
levels of service and pricing. In its "Non-Food" segment, Alon Holdings,
through its 100% subsidiary BEE Group Retail Ltd., operates specialist outlets
in self-operation and franchises and offers a wide range of "Non-Food"
products as retailer and wholesaler. In the Commercial and Fueling Sites
segment, through its 78.43% subsidiary, which is listed on the Tel Aviv stock
exchange ("TASE"), Dor Alon Energy in Israel (1988) Ltd is one of the four
largest fuel retail companies in Israel based on the number of petrol stations
and a leader in the field of convenience stores. Dor Alon operates a chain of
202 petrol stations and 210 convenience stores in different formats in Israel.
In its Real Estate segment, Alon Holdings, through its TASE traded 78.22%
subsidiary Blue Square Real Estate Ltd., owns, leases and develops yield
generating commercial properties and projects. In other segments, Alon
Holdings through its 100% subsidiary, Alon Cellular Ltd, operates an MVNO
network in Israel and through Diners Club Israel Ltd., an associate held at
49%, which operates in the sector of issue and clearance of YOU credit cards
to the customer club members of the group.
Alon Holdings Blue Square-Israel Ltd.
SOURCE Alon Holdings Blue Square-Israel Ltd
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