Reshet 13 Chairman Eyal De Paz Resigns Amid Regulatory Pay Dispute
Eyal De Paz, chairman of Reshet 13, has resigned amid regulatory pressure over excess compensation payments exceeding statutory limits set by the Second Authority.
Eyal De Paz, chairman of the board of directors of Reshet 13, announced his resignation on Saturday, stepping down from both his role as chairman and director, a position he has held since early 2021. In his resignation notice to the acting CEO of the Second Authority for Television and Radio, De Paz stated that he delayed his departure to ensure the completion of company stabilization measures, the change in ownership, and the appointment of a new CEO.
However, behind the official statement lies intense regulatory pressure. According to reports, a fierce correspondence recently took place between the Second Authority, Reshet 13, and De Paz himself over irregular payments exceeding statutory caps. Regulatory authorities are examining the possibility of demanding the repayment of excess funds, reflecting a deep crisis surrounding director compensation.
The friction stems from strict new guidelines enacted by the Second Authority council at the start of 2026, designed to cap public directors' remuneration and safeguard their independence. De Paz, classified as a public director, had previously served as acting CEO following managerial changes, during which high compensation figures—such as approximately 90,000 shekels per month—drew public criticism from the watchdog group "Hatzlacha."
Under the new regulations, annual compensation for a board chairman is strictly limited, and simultaneous pay as both chairman and acting CEO is explicitly prohibited. The Second Authority discovered that Reshet 13 continued to disburse excess payments into 2026, prompting regulatory backlash over potential conflicts of interest.
Sources close to De Paz rejected the claims of external pressure, maintaining that he had planned to step down for some time and merely awaited the leadership transition. They emphasized that all payments were duly approved by company governance bodies in September 2025, prior to the new regulations taking effect, and dismissed the allegations as an attempt to tarnish his reputation after six years of service.
