Israel Railways disarray deepens after new CEO nixed

The committee for analyzing appointments in authorities corporations, headed by retired Decide Shulamit Dotan, has disqualified the appointment of Yaakov Marciano as Performing CEO of Israel Railways. Marciano, who has served as VP passengers division since final December, was chosen to exchange Avner Flor, who has been appointed chairman. The committee headed by Dotan has dominated that Marciano lacks enough expertise and isn’t appropriate for the corporate’s wants at the moment.

The board of administrators’ choice to nominate Marciano stirred up controversy, with two administrators resigning in protest. Sarah Frisch Sarah Frisch, a member of Israel Railways board and a retired choose, wrote to Minister of Transport Miri Regev. “A elementary choice was made on the board assembly concerning the appointment of an appearing CEO. For my part, the choice just isn’t acceptable for the corporate at the moment. I’m not ready to simply accept duty for this choice, which was made by a majority of 4 to 2. Since I do not need the flexibility to alter this choice, I’ve determined to resign from my place as a director.” As well as director Shlomit Geller additionally voted in opposition to the appointment and resigned.

With the resignation of the administrators, the Israel Railways board of administrators is left with out public representatives, Nonetheless, it’s potential that Marciano’s disqualification will result in the return of Frisch and Geller to the board.

The newest disqualification comes at a time when Israel Railways is already going through a posh state of affairs. The railway’s final everlasting CEO Moshe Zana stepped down in July 2025. Since then, the corporate has been working with an appearing CEO, with the search committee anticipated to embark on one other spherical of searches after failing to discover a appropriate candidate. The final individual to carry the place of appearing CEO was Avner Flor, who’s now turning into the corporate’s chairman.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on July 21, 2026.

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