Maj. Gen. (res.) Eitan Ben-Eliahu resigns as chairman of Aeronautics

Aeronautics announced today that its chairman, Major General (res.) Eitan Ben-Eliahu, has informed the company’s board of directors of his resignation after six years in office.

The company’s board of directors today appointed Maj. Gen. (res.) Yedidya Yaari as a director of the company and elected him chairman of the board instead of Ben-Eliahu.

Ben-Eliahu was appointed to his post in 2012, when the company was in deep crisis and led to an intricate recovery process, which led to a dramatic improvement in the company’s performance. Accordingly, the Company’s results and performance have improved. Ben-Eliahu will assist in the orderly transfer of the office to his  successor.

Ben-Eliahu said: “After six years in which I serve as chairman of the company, I resign from my role as chairman of Aeronautics and embark on a new stage in my affairs.”

The Board of Directors thanked Ben-Eliahu for the arduous years he devoted to the company and for leading it from a deep crisis to high levels of revenues and profits, and to anchor its position as a global leader in the field of UAV’s and other fields.

Maj. Gen. (res.) Yedidya Yaari, served previously as commander of the Navy (2000-2004) and upon his retirement served as CEO of Rafael (2004-2016) and led it to considerable achievements and outstanding results. Ya’ari will commence his office immediately.