: Jul 3, 2020 -
: 9:05 pm
The CEO of Israel Aerospace Industries, Major-General (Ret.) Nimrod Sheffer, is stepping down after two years as the company’s CEO and six months as VP of strategic planning.
Sheffer, 59, joined IAI as VP of Strategic Planning more than two years ago after 36 years of military service as a combat pilot in the air force. He was head of the Israel Defense Forces’ Planning Directorate. among his achievements is opening a new innovation center in Tel Aviv in December 2019 that encourages Israel’s startups.
During his term as IAI CEO, Sheffer introduced a series of reforms and transformations and drafted a growth strategy and a business plan that have yielded excellent business results for IAI in the past six quarters.
“IAI employees are the spearhead of the Israeli industry, the crème de la crème.” Sheffer said in his notice. IAI Chair, Harel Locker, thanked Nimrod Sheffer for his contributions to the company and leading it through challenging times, and for championing complex strategic processes.
Sheffer will leave the company after training his successor.
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