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Apparel maker Delta Galil appoints news CEO - Aviram Lahav

08
Jun '06
Tel Aviv based apparel maker Delta Galil Industries Ltd announced that its Board of Directors has appointed Aviram Lahav as the Company's next Chief Executive Officer, effective November 1, 2006.

Mr Lahav 47 currently serves as CEO of Delta's US Upper Market division. He joined the Company in 1997 as Chief Financial Officer. After his success as CFO of the Company Mr Lahav was appointed, in 2004, as CEO of Delta's Innerwear division, where he oversaw the successful merger with the Textile division and the formation of Delta's Upper Market division.

"It is a natural and healthy process for our next CEO to have grown and flourished from within the Company," stated Mr. Lautman. "Aviram knows Delta well, and I am confident he has the requisite management skills, experience and leadership talent to complete the reorganization process and lead the Company in the future."

Dov Lautman will continue to serve in the joint role of Chairman of the Board and CEO through October 31, 2006. Effective November 1, Mr. Lahav will assume the role of CEO of the Company, and Mr. Lautman will revert to the position of active Chairman of the Board.

Prior to joining Delta, Mr. Lahav served from 1993 to 1997 as the CEO of Europcar/Eurodollar, a car rental company. From 1991 to 1993 he served as Chief Financial Officer of Mediterranean Car Agency Ltd.

Delta Galil is a leading global manufacturer of quality apparel sold under brands such as Calvin Klein, Hugo Boss, Nike, Ralph Lauren. Recognized for product innovation and development, Delta's products are sold worldwide through retailers including Wal-Mart, Marks & Spencer, Target, Victoria's Secret, JC Penney, Hema, and others.

Delta operates manufacturing facilities in Israel, Jordan, Egypt, Turkey, Eastern Europe, North and Central America, the Caribbean and the Far East.

Delta Galil Industries Ltd


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