Plaza Centers CEO retires

“Dori has spent more than a decade with the company, commencing in 2006 as financial director of the company's business in Poland and Latvia, and subsequently serving as the managing director and CFO of Poland and Latvia, before being appointed CEO in 2016. During the last two years he has overseen an extensive disposals programme which has significantly decreased the company's debt and we wish him the best of luck in his future endeavours,” said Ron Hadassi, chairman of Plaza. It hasn’t been announced who is to replace Dori Keren as the CEO of Plaza.

“The Global Financial Crisis impacted the company's business strategy, meaning that recent years have been dedicated to implementing a demanding debt restructuring and repayment programme, which brought a very different set of challenges for the group's management to overcome. I want to express my gratitude to the management and all of my colleagues at Plaza, while I also want to thank the board for giving me the opportunity to take the helm. I wish them all the very best for the future,” said Dori Keren.