Dita Bronicki retiring from Ormat’s Board of Directors

Dita Bronicki, CEO of Ormat Technologies (source: YouTube snapshot)
Alexander Richter 4 Nov 2015

Ormat Technologies reports the retirement of Ms. Dita Bronicki from the Board of Directors and the appointment of Ms. Ravit Barniv to fill the vacancy.

Today, Ormat Technologies announced the decision of Ms. Dita Bronicki to resign from her position as a Director on the Company’s Board of Directors and a member of the Compensation Committee, effective November 15, 2015.

“On behalf of the Board of Directors, we thank Dita for her longstanding service to the Company and its missions. Ms. Bronicki has been a member of the Board of Directors since the Company’s inception and has served as its CEO for 23 years until my appointment on July 1st, 2014.” said Isaac Angel, Chief Executive Officer of the Company. “With her knowledge and experience, Dita has skillfully served the Company, guiding and contributing to its significant accomplishments. We wish Dita the best of luck in all her future endeavors, which we are certain will be successful.”

“I am delighted to have had the opportunity to lead the company and contribute to its impressive growth and achievements over the years in my roles as the previous chief executive officer and a member of the Board of Directors,” said Ms. Bronicki. “Although I will no longer have a formal position with the Company, I intend to be fully available to management and the Board to the extent they wish and find it helpful,” she added.

Acting upon the recommendation of the Board of Directors’ Nominating and Governance Committee, the Board of Directors appointed Ms. Ravit Barniv as a director to fill the vacancy on the board, effective upon Ms. Bronicki’s resignation.

Ms. Barniv holds a BA in Economics and Philosophy (1987) and an MBA in Finance (1996) from Tel-Aviv University. She will join the Board as an independent director. Ms. Barniv recently served as a chairperson of the Board of Directors of Tnuva Group, the largest food group in Israel since 2013. Prior to her position in Tnuva, Ms. Barniv served as chairperson of the Board of Directors of Shikun & Binui Holdings Group Ltd. and as CEO of Netvision Communications.

“The company looks forward to Ms. Barniv joining our Board of Directors” noted Mr. Angel. “Her experience in executive roles in other organizations and specifically in the construction and infrastructure, as well as the renewable energy, sectors will benefit Ormat in its future growth plans” he added.

Source: Ormat