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Shoppers are stocking up and emptying the shelves of writers/Ruben Castro
Rami Levy, CEO of the marketing chain named after him, is calling a stock meeting in order to approve improved terms of employment for him and his daughter Yiffit Atias Levy, who serves as VP of Marketing at the chain.
The assembly that will convene will be asked to approve Atias Levy's salary of NIS 643,000, compared to NIS 451,000 today.
This is an increase of 42.5%.
In the company's report to the stock exchange, it is noted that Atias Levy "has been employed by the company since 2007 in various positions in the field of management and marketing, including the management of the company's customer club. She has demonstrated high managerial ability and contributed greatly to the company's marketing and advertising and thus to the company's success and strengthening its brand.
" Before the compensation committee and the board of directors Diverse and innovative operations, projects and activities of the marketing and advertising department were presented, and in recent years it has substantially improved the branding and positioning of the company."
Atias Levy
A 42.5% increase in salary/ratio
The compensation committee and the board of directors emphasized the "importance of motivating the VP of Marketing in such a way that she will continue to work to continue increasing the number of members in the company's customer club and increasing the company's sales in general and to
the members of the club within them."
of Atias Levy and the average cost of employment and the median cost of employment of the rest of the company's employees and of the contractor employees employed by the company, they do not have a negative effect on labor relations in the company considering her role.
" In the days of the war, when at the beginning of the war even the network was proud of the fact that volunteers manned cash registers on the network.
Levy himself is interested in upgrading the fixed component of his salary from the amount of NIS 95,000 a month today to NIS 120,000 a month, this in addition to other components. In 2022, the cost of his salary amounted to Levy by NIS 3.4 million, about two-thirds of which is due to grants and the rest due to salary.
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