Max Stock Limited Announces Leadership Transition
CEASAREA, Israel–(BUSINESS WIRE)–Max Stock Limited (TASE: MAXO) (the “Company”) yesterday announced that Evan Neumann is stepping down from his position as Co-Chief Executive Officer effective January 31, 2022 in order to dedicate more time to his family business. Mr. Neumann will continue as a member of the Company’s board of directors. Co-Chief Executive Officer Ori Max, who founded Max Stock in 2004, will continue to lead the Company as Chief Executive Officer.
Evan Neumann, stated, “It has been a great privilege working day to day with Ori and our incredible team for the past 8 years, and I am proud of all we have accomplished together,” “Today Max Stock is in a great position as Israel’s leading value retailer of everyday items with tremendous growth opportunities ahead. I am confident the Company will thrive under Ori’s leadership and I look forward to being a part of the continued success in my role as a director.”
About Max Stock
Max Stock is a leading general discount retailer of everyday essential items in Israel. We offer a broad selection of merchandise across six major categories, operating 53 stores across the country. For more information, please visit https://ir.maxstock.co.il
Contacts
Company Contact
Ifat Nir Katz,
General Counsel & Company Secretary
[email protected]
