The chairman of dairy giant Tnuva, Shlomo Rodav, announced his resignation on Tuesday, Army Radio reported.
Rodav's sudden decision to quit was due to "professional disagreements with controlling shareholders," Army Radio quoted a statement from Tnuva as saying. His resignation went into effect immediately.
Shmuel Even, a member of the dairy company's executive board, will assume the position.
Tnuva employees have been in a labor dispute with company management for nearly a month, but a workers' representative said they were unsure if Rodav's sudden resignation was related to their issue.