Harel Locker, Chairman of Israel Aerospace Industries (IAI) Board of Directors, has announced his intention to step down in 90 days. Locker assumed the position in September 2017.
During his tenure, IAI underwent significant changes to its business structure. The company improved its bottom lines and for the first time passed the US$4 billion sales threshold. In addition, for two consecutive years IAI presented its largest profits since the company was established.
