Amit Lang

The construction materials and income-producing real estate company reported a drop of over 85% in profit during the quarter, following a decrease in revenues and an increase in transportation and management expenses. Simultaneously with the publication of the reports, Ackerstein announced the departure of CEO Amit Lang, less than a year after he was appointed to the position.

Amit Lang is stepping down as CEO of the Ackerstein Group less than a year after his appointment. Zvika Ackerstein will take over as CEO following a 51% decline in the company's net profit for the first half of 2026.