Ronen Elad

In 2019, partners confronted EAK Holdings CEO Ronen Elad over millions in unauthorized withdrawals. Elad repaid the funds, bought out his partners, and continued his business career.

The drone company controlled by Ronen Elad published weak semi-annual reports and announced its third CEO in a year. The stock has soared by hundreds of percent since the start of the year on the back of big names like Yossi Cohen, but the gap between ambitious forecasts and actual performance is only growing.