Strauss Group reorganizes

Strauss Group on Monday announced an internal restructuring and new corporate leadership team, as part of the ongoing changes implemented by the food company over the last few years.

By MATTHEW KRIEGER
June 26, 2007 08:33
1 minute read.

Strauss Group on Monday announced an internal restructuring and new corporate leadership team, as part of the ongoing changes implemented by the food company over the last few years. Included among the changes, which will be begin in September and continue into 2008, will be the creation of four separate divisions within the company, each of which will be responsible for increasing revenues and for filing profit and loss statements. The divisions are: health and lifestyle; enjoyment and pleasure; Israeli coffee; and salty-foods. "We feel that these changes will allow our company to continue to be successful and will strengthen our company. By revamping our corporate structure it will enable us to expand our activities both at home and abroad," said Strauss President and CEO Erez Vigodma. The corporate leadership team, announced by Chairwoman Ofra Strauss and Vigodma at a Tel Aviv press conference, include Michelle Ben Weiss, who will head the health and lifestyle division; Sigal Shiloni, the head of the enjoyment and pleasure division; Gary Greenspan, the present salty foods division chief; and Dalia Mandelman Zonnenfeld, the Israel Coffee division head. Additionally, Shaul Shalach, a CEO at the divisional level of the company for the last six years and an employee for some 18, announced that he was stepping down at Monday's press conference. The corporate reshuffling is a continuation of the changes that the company has made over the last few years, which have included an increase in the company's international business presence; the partnership with Elite in 2004; and the purchase of the Sabra Salad company and the Max Brenner chocolate company in 2005.


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