Ori Max

Max Stock CEO Ori Max's annual compensation will surge by 51.8% to 7.8 million NIS after approval by shareholders. The discount chain recently reported strong Q2 financial results.

Max Stock has signed a lease agreement for a new 45,000-square-meter logistics center in Ofakim with GT Holdings, a company co-owned by its CEO, Ori Max. The project, expected to be completed in 2028, involves an investment of approximately 20 million shekels.

Max Stock has convened a shareholders' meeting to approve a 51% increase in the annual compensation of CEO and founder Ori Max to 7.77 million shekels. The move aims to incentivize continued value creation for the company and its shareholders.