Idan Wallace, currently deputy chief executive officer of Israeli independent Delek Group, will succeed Asaf Bartfeld as CEO beginning 1 January 2020. Bartfeld is retiring after 30 years with the company.
Wallace, deputy CEO since 2015, is also the CEO of Tshuva Group, a group of private companies owned by Yitzhak Tshuva, Delek Group’s controlling shareholder. Since 2010, he has served as a strategic advisor to the CEOs of Delek Energy, Delek Drilling, and Avner Oil Exploration.
Bartfeld, president and CEO since 2003, has held multiple senior positions at Delek Group, including chief financial officer. He currently serves as chairman or director of several Delek Group subsidiaries and affiliates.
