Gelbard named active chairman of Tefron board

MISGAV, Israel Tefron a leading producer of active wear has announced the appointment of Yacov Gelbard, former ceo of the Bezeq Group, as active chairman of the board of directors.

Ishay Davidi, the controlling shareholder of FIMI, said, "I congratulate Yacov Gelbard on his joining the company as an active chairman of its board of directors. Tefron is at the beginning of a period of potential growth and I am confident that Gelbard's capabilities and vast experience will contribute significantly to the anticipated developments in the company. I expect that the cooperation between Gelbard as an active director and the company's management will produce positive results for the company and its shareholders."