New Israel Electric chairman quits, slams political intervention

• Published date: 26 April 2022
• Author: Oren Dori
• Publication title: Globes (Rishon LeZion, Israel)

Baharav harshly criticized the conduct that he found at Israel Electric Corp. "I came prepared to cope with hard work and complex management challenges but to my major regret in the few but intensive weeks that have passed since I was chosen, during which proceeding were conducted to choose a CEO for the company and a procedure to locate a replacement for the secretary to the board of directors. I was exposed to aggressive intervention of political considerations by the board of directors and people in management such as I have not previously seen in the senior positions that I have filled in leading companies in the economy."

Baharav was reportedly unable to get his own candidate chosen as secretary to the board due to intervention by Minister of National Infrastructures, Energy and Water Resources Karine Elharrar.

Baharav added, "To the best of my judgement, this conduct might harm the company and its proper management. With this in mind I have decided to leave immediately the job and the board. I...