Rafael has appointed Yoav Turgeman as its CEO, following a unanimous decision by the board of directors based on the recommendation of the search committee.
Rafael Advanced Defense Systems Ltd. has announced the appointment of Yoav Turgeman as its Chief Executive Officer, following a unanimous decision by the board of directors of Rafeal based on the recommendation of the search committee appointed by the company. The strategic move adheres to rigorous standards for CEO appointments in government-owned entities and is pending approval from the appointments committee, the Minister of Defense, and the Regional Cooperation Minister responsible for government companies.
Yoav Turgeman brings a wealth of experience to the role, having served in various command and staff positions in the Israeli Navy for 25 years, retiring as a Colonel. His aerospace industry tenure includes leadership of the “Arrow” program and management of the MLM facility. Since 2018, he has been the CEO of “Elta.”
With bachelor’s and master’s degrees with honors in electrical engineering from Tel Aviv University, complemented by additional degrees from the University of Haifa and Bar Ilan University, Yoav Turgeman is well-qualified to lead Rafael. He is set to succeed Major General (Ret.) Yoav Har-Even, who has been the CEO for over 8 years.
Major General Har-Even has agreed to extend his tenure at the board’s request, given the ongoing “Swords of Iron” war, ensuring a smooth transition with the incoming CEO.
Yoav Yuval Steinitz, Chairman of the Board at Rafael, commended the decision, expressing confidence in Yoav Turgeman’s experience, capabilities, and skills to guide Rafael successfully through upcoming challenges and goals. Dr. Steinitz also expressed gratitude to Major General Har-Even for his substantial contributions over the years and his current efforts in the ongoing “Swords of Iron” war, highlighting the commitment to a seamless leadership transition.
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The appointment reflects Rafael’s commitment to leadership excellence and aligns with the company’s reputation for innovation and strategic defense solutions. As Yoav Turgeman steps into this crucial role, the aerospace industry will be keenly watching Rafael’s trajectory under his leadership in a rapidly evolving global defense landscape.
