Osem Names CEO

March 13/Tel Aviv/Reuters -- Osem Investments said Itzik Saig would be chief executive from April 2, succeeding Gezi Kaplan.

Saig serves as head of Osem Israel and as deputy CEO.

"In light of the CEO's announcement that he will end his term on April 2, 2012, when he will complete six years as CEO due to his health situation, Osem's board of directors decided with sorrow to agree to his request to appoint in his place Mr. Itzik Saig," Osem said in a brief statement.

Osem, 53.8% held by Swiss food company Nestle , said in December Kaplan would take sick leave following surgery and orthopedic rehabilitation.

From the March 13, 2012, Prepared Foods' Daily News.

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Switching from plastic to paper-based packaging often comes with new challenges. This webinar will explore how an ovenable, fiber-based packaging solution can deliver the benefits of plastic with 90% less plastic usage.

The Winter Fancy Food Show is where specialty food makers go to exhibit their newest and best products and where buyers go to find their next bestsellers.