No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, August 28, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Regev pushes to appoint crony as Israel Railways chair

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 3 mins read
A A
Regev pushes to appoint crony as Israel Railways chair
Share on FacebookShare on TwitterShare on LInkedIn



Several days before the dissolution of the Knesset, Minister of Transport Miri Regev is pushing for the appointment of Avner Flor as Israel Railways chair, “Globes” has learned that the appointments committee today discussed and approved Flor, who is currently Israel Railways acting CEO as a director of the company.

Last year Flor was appointed by the board as acting CEO after working for years in the Ministry of Transport, where he was seen as close to Regev.

A meteoric rise

After her appointment to a second term as Minister of Transport, Regev tried to appoint her close associate Moshe Ben Zaken as director general of the ministry, but the appointments committee at the Civil Service Commission determined that he did not have enough experience. In a compromise between the commission and Regev, it was agreed that for six months Ben Zaken would serve as deputy director general of the ministry, and then he would be brought before the committee again, and he was finally appointed director general.

During that time, the person who served as the actual director general of the Ministry of Transport was Flor, with ministry officials saying that he agreed to every demand by the minister and approved it “professionally.” It was also claimed that Flor was a front, while the person who actually ran the ministry at was Ben Zaken.

After Ben Zaken’s appointment as director general, Flor became head of infrastructure administration in the Ministry of Transport, then acting CEO Israel Railways. He is now set to complete his meteoric rise under Regev by becoming chairman of Israel Railways, one of the largest and most important government companies, which employs 4,000 employees and is undergoing a severe crisis.

If the appointment is completed by the elections, Flor will replace Moshe Shimoni, who has been appointed chairman of Mekorot national water company in the round of appointments before the elections.

The government explains the move by saying that Flor is considered a trusted advisor of Regev – but also a non-executive chairman who is not expected to be involved in the daily management of the company, unlike his predecessor in the position. In this way, the government hopes to attract a strong and independent CEO, after the two search procedures that were published did not include the names of stature in the field, and ended without any candidate being selected.

Israel Railways is seen as a company in crisis, and inquiries conducted with potential candidates raised concerns about the involvement of the minister and the board of directors and criminal liability that might be imposed on the CEO in the event of a serious malfunction, and there is no shortage of such mishaps.

Israel Railways has been in crisis for years. The workers’ committee is strong and linked to the ministry, the board of directors is hostile to the CEOs, and there have been many attempts at political appointments and interference in management decisions, and tens of billions of shekels are waiting for tenders to be published. In the meantime, passengers are being harmed by the declining quality of services and the unsatisfactory pace of project implementation.

Published by Globes, Israel business news – en.globes.co.il – on July 13, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: appointChairCronyIsraelPushesrailwaysRegev
ShareTweetShare
Previous Post

Vaseline Original Petroleum Jelly, 13 Oz Jar only $2.73 shipped!

Next Post

The Fallacy of the Keynesian Theory of Insufficient Demand

Related Posts

edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

by TheAdviserMagazine
August 8, 2026
0

Staying at one company for decades was once a badge of honor. But as layoffs have become more common and...

edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

by TheAdviserMagazine
August 8, 2026
0

First, they won in New York. Then they took Maine, Colorado, and Michigan. And now, the next battleground for the...

edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by TheAdviserMagazine
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

edit post
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by TheAdviserMagazine
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

edit post
Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by TheAdviserMagazine
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

edit post
Meet the 82-year-old Kentucky grandma who turned down M to turn her farm into a data center

Meet the 82-year-old Kentucky grandma who turned down $26M to turn her farm into a data center

by TheAdviserMagazine
August 7, 2026
0

Ida Huddleston has lived on the same stretch of farmland outside Maysville, Ky., since she was 16. She and her...

Next Post
edit post
The Fallacy of the Keynesian Theory of Insufficient Demand

The Fallacy of the Keynesian Theory of Insufficient Demand

edit post
BioMarin sNDA seeking full Voxzogo approval accepted by FDA

BioMarin sNDA seeking full Voxzogo approval accepted by FDA

  • Trending
  • Comments
  • Latest
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
Garbage Trucks Surveillance Florida Neighborhoods

Garbage Trucks Surveillance Florida Neighborhoods

July 29, 2026
edit post
Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

Does a Revocable Trust Protect Your Assets From Lawsuits and Creditors?

August 7, 2026
edit post
Montana Puts Democrats in a Bind as Senate Hopes Fade

Montana Puts Democrats in a Bind as Senate Hopes Fade

August 2, 2026
edit post
New Jersey’s PAS-1 Application Opens the Door to Three Senior Tax Relief Programs

New Jersey’s PAS-1 Application Opens the Door to Three Senior Tax Relief Programs

July 31, 2026
edit post
3 Common Cruise Rules I Broke in Alaska

3 Common Cruise Rules I Broke in Alaska

July 29, 2026
edit post
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
edit post
E.W. Scripps Q2 2026 Loss Widens to -.68/Share, Revenue Down 9%

E.W. Scripps Q2 2026 Loss Widens to -$12.68/Share, Revenue Down 9%

0
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

0
edit post
Four AI Escapes Just Redefined “Responsible AI”

Four AI Escapes Just Redefined “Responsible AI”

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

0
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

0
edit post
Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together

August 8, 2026
edit post
Links 8/8/2026 | naked capitalism

Links 8/8/2026 | naked capitalism

August 8, 2026
edit post
Wisconsin: The Next Frontier for Socialists

Wisconsin: The Next Frontier for Socialists

August 8, 2026
edit post
Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

Psychology says procrastination about retirement may be less about discipline than identity — brain scans found people often represent their future selves more like strangers than like themselves, and experiments using age-progressed faces made tomorrow’s person feel real enough for participants to save more money for them

August 8, 2026
edit post
Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

Why You Should Be Wary of Aspartame, but Not Totally Rule It Out

August 8, 2026
edit post
Kalshi Predicts Bitcoin Price Could Reach K in August

Kalshi Predicts Bitcoin Price Could Reach $68K in August

August 8, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bill Ackman’s hedge fund made janitors and receptionists millionaires—and its investment team summer together
  • Links 8/8/2026 | naked capitalism
  • Wisconsin: The Next Frontier for Socialists
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.