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Earthquake in Tnuva: CEO of the group Eyal Melis leaves his position | Israel Today


"I knew the day would come when it was right to pass the management baton on to others," Melis explained to the board of directors.

After 7 years in the position

: the CEO of the Tnuva Group, Eyal Melis, asked the group's board of directors to leave his position.

During his tenure, Tnuva became a leading player in the field of protein substitutes and foodtech.

The company has developed dozens of new categories of products and has gone through a cross-organizational digitization revolution.

Eyal Melis, CEO of the Tnuva Group, has informed the company's board that he wishes to end his position. Melis will continue in his position indefinitely until a replacement is appointed. The board will establish a search committee that will start operating immediately.

Who will lead Tnuva (for illustration), photo: Reuters

Eyal Melis joined the Tnuva group 15 years ago as the CEO of the milk division and 7 years ago he was appointed the CEO of the group, which includes, along with the milk division, the food division and includes the Mamafowl, Sunfrost, Delicacies and more brands, Tnuva Chef activity for the institutional market, a factory in the valley that produces powders Protein for the local and international market and more.

Tnuva employs more than 6,000 people throughout the country.

During his tenure as CEO, Melis implemented an innovation strategy that crossed all of the group's activities. Among other things, through the development and establishment of innovative infrastructure and production lines while introducing Industry 4.0 technologies to the extent of over a billion shekels; investment and development in the worlds of protein substitutes and foodtech in general; development of dozens of new categories of products, including milk substitutes, an area in which Tnuva was a pioneer and became a market leader; and leading a cross-organizational digitization process, among other things through investment in automation in the logistics system, technological investment in production systems, and investment in organizational information systems to the extent of hundreds of millions of shekels.

At the same time, during his tenure, Tnuva entered the field of fresh pasta with the purchase of Doro Pasta Company, and sold companies that are not synergistic to the group.

As part of the investment in the field of protein substitutes, Melis led the winning of the consortium led by Tnuva in the Innovation Authority tender for the establishment of a foodtech incubator in Kiryat Shmona, the establishment of a joint venture with Pluristem for the development of cultured meat and also initiated a process of selling knowledge in the field of milk substitutes in the international markets.

Also, Tnuva was the first food company in Israel to launch a direct sales activity with consumers through "Tnuva Market".

The background for the decision

Eyal Melis, CEO of the Tnuva Group: "The Tnuva Group summarizes six consecutive years of consistent growth, a cost reduction process amounting to hundreds of millions of shekels in recent years, an investment boom made possible by the company's board of directors, and all this while reducing the debt to a minimum.

We opened the company to the ecosystem of food innovation in Israel while positioning the group as a leader in these fields.

I thank from the bottom of my heart the company's chairman, Haim Gabrieli, for the path we have taken the company together, the Bright Food group with whom I have been walking for more than eight years, and the company's board of directors - with all of whom I have experienced a wonderful partnership. I always knew that the day would come when it was right to pass the management baton to others and I feel that after 15 wonderful years at Tnuva - including seven years as the group's CEO - the time has come to move on.

I feel young enough to start a new chapter in my career."

Haim Gabrieli, chairman of Tnuva: "It is impossible to imagine Tnuva without Eyal."

He is one of the pillars of the company - a valued business leader, his mind is full of innovative ideas.

He has a huge and central part in the huge leap that the group has made, since it was acquired by Bright Food.

I'm happy that Eyal accepted the request to stay as long as we need until a replacement is found and a full overlap.'

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Source: israelhayom

All news articles on 2023-01-17

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