Hard Times Who? Phoenix CEO Buys Jaguar

Eyal Lapidot, one of the highest-paid managers in Israel, shells out NIS 400,000 for a new set of wheels.

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Against the backdrop of the economic slowdown and widespread lay-offs, which have also affected insurance companies, Eyal Lapidot, the CEO of Delek Group's Phoenix, has bought himself a new Jaguar XF.