PARTNER COMMUNICATIONS ANNOUNCES THE RESIGNATION OF MR. TAMIR AMAR AS DEPUTY CEO, CHIEF FINANCIAL OFFICER & VP FIBER-OPTICS OF THE COMPANY

Rhea-AI Summary

Partner Communications (NASDAQ: PTNR) has announced the resignation of Mr. Tamir Amar, the Deputy CEO, Chief Financial Officer, and VP Fiber-Optics. The effective date of his resignation has not been determined. This leadership change could impact the company's future strategies, particularly in finance and fiber-optics operations, which are crucial segments for growth. Partner Communications is a major player in Israel's telecommunications sector, offering cellular, fixed-line, internet, and television services.

Positive

• Potential for new leadership to bring fresh perspectives to financial strategy.
• Opportunity to strengthen operations in the fiber-optics segment with new management.

Negative

• Uncertainty regarding continuity in financial leadership could affect investor confidence.
• Lack of a defined timeline for transition may lead to operational disruptions.

ROSH HA'AYIN, Israel, July 20, 2022 /PRNewswire/ -- Partner Communications / Company Ltd. ("Partner" or the "Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator, reports, that Mr. Tamir Amar, Deputy CEO, Chief Financial Officer & VP Fiber-Optics, has notified the CEO of his resignation from the Company.

 

 

The effective date of Mr. Tamir Amar's resignation as the Company's Deputy CEO, Chief Financial Officer & VP Fiber-Optics has not yet been determined.

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/

Logo - https://mma.prnewswire.com/media/1334689/Partner_Communications_Logo.jpg

Contacts:

Tamir Amar
Deputy CEO, Chief Financial Officer and VP Fiber-Optics
+972 (54) 781 4951

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

View original content:https://www.prnewswire.com/news-releases/partner-communications-announces-the-resignation-of-mr-tamir-amar-as-deputy-ceo-chief-financial-officer--vp-fiber-optics-of-the-company-301590089.html

SOURCE Partner Communications Company Ltd.

FAQ

What is the reason for Tamir Amar's resignation from Partner Communications?

The press release does not specify the reasons for Tamir Amar's resignation from Partner Communications.

When will Tamir Amar's resignation take effect?

The effective date of Tamir Amar's resignation has not yet been determined.

How might the leadership change affect Partner Communications?

The leadership change could impact the company's financial strategies and operations, particularly in fiber-optics.

What is Partner Communications' primary business focus?

Partner Communications provides telecommunications services including cellular, fixed-line telephony, internet, and television services.

What symbols are used to trade Partner Communications' shares?

Partner Communications' shares are traded under the symbols NASDAQ: PTNR and TASE: PTNR.