Board chooses Seroussi as IAI chair as Erdan freezes candidacy

Israel Aerospace Industries(IAI) board has chosen Gabi Seroussi as chair, despite the fact that he did to not undergo the preliminary strategy of the Authorities Firms Authority senior appointments evaluation committee, headed by retired Decide Shulamit Dotan.

Earlier in the present day, former minister and ambassador to the UN Gilad Erdan introduced at a gathering of the board of administrators of state-owned IAI that he was freezing his candidacy for the publish of chairperson of the corporate for 3 months.

After the Authorities Firms Authority senior appointments committee determined to not approve the candidacy of Gabi Seroussi, the candidate promoted by Minister of Protection Israel Katz, and Seroussi selected to not take part within the pre-selection course of, Erdan proposed to the board that Seroussi needs to be required to submit varieties to the committee. The board, nevertheless, voted towards the proposal. Erdan subsequently introduced that he was quickly withdrawing his candidacy, as a result of “the concerns will not be the nice of the corporate, however extraneous, political concerns.”

Seroussi has a majority in his favor on the IAI board. The employees’ representatives, Eliyahu Ederi and Adi Raviv, and the exterior administrators Hava Shechter and Adi Bershadsky, who will finish their phrases earlier than Seroussi, voted for him.

The vote in favor of Seroussi comes regardless of “Globes’” publicity this morning of the truth that Seroussi competed for the publish of CEO of IAI in 2018, and the committee headed by then IAI chairperson Harel Locker disqualified his candidacy.

This morning, as talked about, the Authorities Firms Authority notified the IAI board that Seroussi’s candidacy wouldn’t be authorised by the Dotan committee. The Authority said that “the size of a candidate’s time period may be prolonged to a 3rd time period solely in distinctive circumstances and on particular grounds; at this date, the stance of the ministers on this smatter regarding their needs has not been obtained.”

IAI has operated with no everlasting chairperson since November. Earlier than he was changed by Israel Katz, the earlier minister of protection, Yoav Gallant, agreed with the minister accountable for the Authorities Firms Authority, David Amsalem, on the appointment of Gilad Erdan as chairperson. The choice was made in session with Prime Minister Benjamin Netanyahu. Erdan’s appointment as a director of IAI happened earlier than the change of protection ministers. Since then, nevertheless, Katz has adamantly refused to nominate Erdan to a publish that can give him a safety halo, within the energy battle anticipating “the day after Netanyahu” within the Likud social gathering.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on March 12, 2025.