Was Bank Hapoalim’s CEO Worth NIS100 Million?

Appointed to the helm of the bank by Danny Dankner, Zion Kenan restored Hapoalim to its leading position but under his watch a series of problems undermined corporate governance there.

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Bank Hapoalim CEO Zion Kenan announced on Thursday that he would be stepping down in another half year after seven years and a varied term in office. Kenan, who is 60, is wrapping up a 38-year career at the...