Delta Galil Industries announced on Monday the appointment of Yaniv Benedik as chief financial officer, effective October 9.
Benedick brings extensive global experience in due diligence, mergers and acquisitions, strategic business development and the creation of new business initiatives to his new role.
He initially joined Delta Galil in 2011 as an accountant and has held several key positions during his tenure, including Vice President of Global Tax and Company Secretary.
He was promoted to CFO of Delta Israel Brands in 2021, when that company went public, to manage its financial system, lead business development, maintain investor relations and coordinate activities with the Board of Directors.
“Yaniv’s financial and management experience and his success in driving the growth of our business at Delta Israel Brands have prepared him very well for the role of CFO of Delta Galil Industries,” said Isaac Dabbah, CEO of Delta Galil Industries.
“We are pleased to appoint a talented leader who has grown within the company and are confident that his knowledge, track record and leadership ability will enable him to help our business reach new heights.”
Benedek replaces Lilaš Piorski, who took over as CFO at the end of July this year. No reason was given for her departure.
Founded in 1975, Delta Galil develops apparel including bras, shapewear and hosiery; women’s underwear; men’s underwear including under its own brands Schiesser, Eminence and Athena; and children’s apparel, sportswear, sleepwear and loungewear including under its own brands PJ Salvage and Delta.
The Company also designs, develops, markets and sells branded jeans and apparel under the 7 For All Mankind brand, and women’s and children’s apparel under the Splendid brand. In addition, it sells its products under licensed brand names of the Company, including Adidas, Wolford, Wilson, Columbia, Tommy Hilfiger and others.
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