New CIA Director Has Hawkish History on Israel and Iran

Buoyant Israel Corp. Announces Millions in Options for Managers

The Israel Corporation, which is enjoying an incredible year after buying the state's share of the Zim shipping company at a low price and posting record profits at subsidiaries Oil Refineries and Israel Chemicals. The company's share price has tripled over the last two year, and with a market value of NIS 8.7 billion, the Ofer brothers' firm is the largest and most stable investment company on the Tel Aviv Stock Exchange.

As a result, the company's senior managers, and in particular, CEO Yossi Rosen, are being awarded accordingly. The firm reported yesterday a new options program approved by the board of directors, whereby seven senior managers will receive a total of 70,000 options, or 1 percent of the company's shares. The value of the benefit is NIS 31 million, of which Rosen will receive NIS 8.9 million.