Africa Israel Board Okays Novogrocki CEO Appointment

Africa Israel Investments Ltd.’s board approved today the appointment of Avraham Novogrocki to chief executive officer, the company said in an e-mailed statement.

Novogrocki, who has served as CEO of Africa Israel Industries Ltd., replaces Izzy Cohen, whose resignation was announced on June 27.

(Corrects name of company in first paragraph in story first published yesterday.)