New Chief Executive Officer For IAI

The board of Israel Aerospace Industries (IAI), chaired by Harel Locker, has named Brigadier General (Res.) Nimrod Sheffer, IAI’s current Vice President of Strategy and R&D, as IAI’s new Chief Executive Officer. 

Sheffer will replace Mr. Joseph Weiss, who is stepping down after reaching the statutory retirement age. The nomination is now pending the approval of the State Companies Authority and the Defense and Finance ministers.