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IAI CEO is stepping down

The CEO of Israel Aerospace Industries, Major-General (Ret.) Nimrod Sheffer, announced on July 1, 2020 that he is stepping down following two years as the company's CEO and six months as VP of strategic planning.

Sheffer joined IAI as VP of Strategic Planning two and a half years ago after 36 years of military service as a combat pilot in the air force. In his last capacity in IDF, he served as head of the Planning Division.

During his term as IAI CEO, Sheffer has introduced a series of reforms and transformations and has drafted a growth strategy and a business plan which yielded excellent business results for IAI over the past six quarters.

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