Strauss Group announced on July 9th that the Group CEO, Gadi Lesin, has stepped down for health reasons.
Mr. Giora Bardea will continue to serve as interim CEO of Strauss Group. Mr Bardea is a seasoned executive with 21 years of experience with the Group; he is profoundly involved in all processes which the Group has undergone in recent years.
Giora will continue to work with Group management to fully realize its work plans and manage its business.
The board of directors is to begin the process of appointing a permanent CEO
Ofra Strauss, Chairperson of Strauss Group: “Gadi has served as Strauss Group’s CEO for the past nine years and has successfully led the Group with much success in a time of intense economic, global and social change. Gadi solidified the Group’s strength, leading it to a quantum leap in performance, innovation and human capital. Under his leadership the Group’s equity value more than doubled, profits grew significantly, and we firmly established our international operations.
But more than anything, for all of us at Strauss, Gadi is a shining example of humane leadership. His leadership style is the compass that has guided the Strauss way. His constant pursuit of excellence and high standards, which never detracted from his sensitivity to people, his ability to see far ahead, to dare, to stretch the organization and to assure that it always operated ethically and morally, all made Gadi much more than a CEO – a true leader and role model.
Gadi’s leadership and management style have inspired the trust of the Group’s various stakeholders; Gadi has always considered their needs as a highly important element in decision-making processes.
This is not an easy time for us at Strauss. We support Gadi and wish him a swift recovery from the bottom of our hearts.”
