Ashdod Port CEO quits

Ashdod Port CEO quits

Last month, the first stage of an international tender process aimed at global operators, was announced, inviting tenders for the private construction and operational concession of two new ports.

According to local reports, Sagis’ resignation is linked to his poor relationship with Ashdod Port Chairman, Gideon Siterman.  Considered an associate of Ashdod Port workers committee chairman Alon Hasson, Sagis apparently did not conceal his position that it was better to work jointly with the union.

Holding the post for the past eight year, Sagis was appointed CEO of Ashdod Port when it was established as an independent company as part of the seaports reform.

He is credited with bringing major shipping companies as regular customers to the port for the first time; during his time the Ashdod Port Company has paid the state NIS390m (US$109m) in dividends, a precedent for a government company.

“I am well aware of Sagis’s great sensitivity about how the planned reform of the seaports will be carried out.  During his work, we had our disputes and disagreements, but there was no, and there will be no, disputing his professionalism, dedication, and love of his job and the company,” explained Siterman.

(Source: Globes online)