CEOs of Israeli public companies speak out against judicial overhaul
CEOs of Israeli public companies speak out against judicial overhaul
"We, the CEOs of global public companies active in Israel and around the world, supporting the Israeli economy, view the current events in Israel with concern and call on Prime Minister Netanyahu to implement significant judicial changes only on the basis of broad consensus,” the CEOs wrote
After mostly avoiding taking a stance towards the judicial overhaul in Israel, a long list of Israeli high-tech executives who sit at the helm of many of the country’s largest public companies, decided on Thursday to speak out against the Israeli government’s potential plans.
Previously, Israeli company CEOs trading abroad tended not to take a position on internal Israeli issues to avoid conveying a sense to foreign shareholders that they are dealing with matters unrelated to the companies' business but concerning Israeli internal politics.
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Barak Eilam (from right), Micha Kaufman, and Nir Zohar.
(Photos: Tomerico, Nimrod Glickman, Allen Zezkin)
"We, the CEOs of global public companies active in Israel and around the world, supporting the Israeli economy, view the current events in Israel with concern and call on Prime Minister Netanyahu to implement significant judicial changes only on the basis of broad consensus. This will allow the continued growth of the Israeli economy in general and the high-tech industry in particular," read the letter by the CEOs.
The letter is signed by CEOs of some major companies that have already spoken out against the judicial overhaul, such as Barak Eilam of Nice, Eran Zinman and Roy Mann, co-founders and CEOs of monday.com, and Nir Zohar, president of Wix.
However, the letter was also signed by the likes of Russell Ellwanger, CEO of Tower, Zvi Lando, CEO of SolarEdge, Udi Mokady, founder and chairman of Cyberark; Or Offer, founder and CEO of Similarweb; Gabi Wiseman, CEO of Nova; Doron Balsher, CEO of Ormat; Tuvia Barlev, co-founder and CEO of Actelis; Yoav Zeif, CEO of Stratasys; Micha Kaufman, co-founder and CEO of Fiverr; Robert Antokol, founder and CEO of Playtika; Ron Yekutiel, co-founder and CEO of Kaltura; Ronen Samuel, CEO of Kornit Digital; and Tomer Weingarten, co-founder and CEO of SentinelOne.
The aggregate value of the companies that signed the letter exceeds $50 billion.
