MISGAV, Israel, Dec. 27 /PRNewswire-FirstCall/ -- Tefron Ltd. , one of the world's leading producers of seamless intimate apparel and active wear, today announced the appointment of Mr. 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."
The Company also announced that Mr. Yarom Oren is replacing Mr. Gillon Beck as a member of the Company's board of directors.
About Tefron
Tefron, controlled by FIMI Fund and Mivtach-Shamir, manufactures boutique- quality everyday seamless intimate apparel, active wear and swim wear sold throughout the world by such name-brand marketers as Victoria's Secret, Nike, Target, The Gap, Banana Republic, J. C. Penney, lululemon athletica Warnaco/Calvin Klein, Patagonia, Reebok and El Corte Englese, as well as other well known retailers and designer labels. The company's product line includes knitted briefs, bras, tank tops, boxers, leggings, crop, T-shirts, nightwear, bodysuits, swim wear, beach wear and active-wear.
Contacts
Company Contact: IR Contact:
Asaf Alperovitz Ehud Helft / Kenny Green
Chief Financial Officer G.K. Investor Relations
+972-4-9900803 1 646 201 9246
