Appointment of Non-Executive Director
Roni Hirsch appointed Non-Executive Director; CEO of Red Sea Group, controlled by 32.93% shareholder Eli Papouchado.
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PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announces the appointment of Roni Hirsch as Non-Executive Director to its Board of Directors, effective today.
Mr Hirsch is Chief Executive Officer of Red Sea Group ("Red Sea"), a role he has held since 1993. Red Sea is controlled by Eli Papouchado, who, together with his family trusts, owns 32.93% of the voting rights in the Group.
Mr Hirsch was previously a director of Red Sea Hotels Construction (1993) Ltd., Red Sea Hotels Promotion & Land (1994) Ltd. and Ramat Hasharon Properties (2032) Ltd. each of which was placed into voluntary liquidation. No further information is required to be disclosed under Listing Rule 6.4.8.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.