29.11.2011 03.Kislev. 5772
According to a former retail executive, 'Mainly in light of the social protest, Super-Sol's challenge is efficiency, efficiency and efficiency'.
At 9 P.M. on Sunday night, the media began publishing reports that Super-Sol CEO and President Effie Rosenhaus had resigned at a board meeting that evening. The astonishment only grew with the news that acting executive Richard Hunter was also leaving. In the background were expectations that the company's third-quarter financials wouldn't be pretty.
Super-Sol sent an official announcement to the stock exchange at 10:30 P.M. In Rosenhaus' place would be a man who wasn't very well known, VP-operations Itzik Abercohen. Plus, executive salaries were being cut 25%….