PARTNER COMMUNICATIONS ANNOUNCES THE APPOINTMENT OF MR. SHLOMO ZOHAR AS THE CHAIRMAN OF THE BOARD OF DIRECTORS

Rhea-AI Summary

Partner Communications Company Ltd. (NASDAQ: PTNR) announces Mr. Shlomo Zohar as the new Chairman of the Board, replacing Ms. Osnat Ronen who completed her term on May 17, 2022. Zohar, a director since October 2020, brings extensive experience from his previous roles as Chairman of Israel Discount Bank and B Communications. His leadership is expected to strengthen Partner's direction in the competitive Israeli telecommunications market.

Positive

• Appointment of Mr. Shlomo Zohar as Chairman is expected to bring fresh leadership perspectives.
• Zohar's extensive experience in various leadership roles may enhance strategic decision-making.

Negative

• Change in leadership may raise concerns about continuity and potential disruption during the transition.

ROSH HA'AYIN, Israel, May 19, 2022 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator, announces that the Company's Board of Directors resolved to appoint Mr. Shlomo Zohar to serve as the Chairman of the Board of Directors until the Company's next Annual General Meeting of shareholders. Mr. Zohar will replace Ms. Osnat Ronen who concluded her term as Chairperson of the Company's Board of Directors and as a member of the Board of Directors on May 17, 2022.

 

Mr. Shlomo Zohar has been a director in the Company since October 2020. Mr. Zohar served in the past as Chairman of the Board of Directors of Israel Discount Bank Ltd. and as Chairman of the Board of Directors of B Communications Ltd. and currently he serves on the Board of Directors of several companies, including at Delek USA Energy, Inc., and Isras Investment Company Ltd.

About Partner Communications
Partner Communications Company Ltd. ("Partner") is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ: PTNR) (TASE: PTNR).

For more information about Partner see:
http://www.partner.co.il/en/Investors-Relations/lobby/

Contacts:

Tamir Amar Deputy CEO & Chief Financial Officer Tel: +972 (54) 781 4951

Amir Adar Head of Investor Relations & Corporate Projects Tel: +972 (54) 781 5051 E-mail: investors@partner.co.il

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SOURCE Partner Communications Company Ltd.

FAQ

Who is the new Chairman of Partner Communications?

Mr. Shlomo Zohar has been appointed as the new Chairman of Partner Communications.

When did Osnat Ronen conclude her term as Chairperson?

Osnat Ronen concluded her term on May 17, 2022.

What experience does Shlomo Zohar bring to Partner Communications?

Shlomo Zohar has served as Chairman of Israel Discount Bank and B Communications, and has been a director at Partner since October 2020.

What might be the impact of Shlomo Zohar's appointment on Partner Communications?

His appointment is expected to strengthen leadership and improve strategic decisions in the telecommunications sector.