Former Israeli Police Chief to Get $557k Salary to Chair Insurance Firm's Board

Yohanan Danino will get paid NIS 2.2m from Migdal Ins., plus a 1.1 million shekel bonus should he stay on for full two years.

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Migdal Insurance announced yesterday that it is convening a shareholders’ meeting on January 21 to approve 2.2 million shekels ($557,000) in annual salary for former Israel Police Commissioner Yohanan Danino,...