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TMCNet:  BRIEF: Hot Mobile CEO quits

[January 27, 2013]

BRIEF: Hot Mobile CEO quits

Jan 27, 2013 (Globes - McClatchy-Tribune Information Services via COMTEX) -- Sources inform "Globes" that Hot Mobile Ltd. CEO Yaakov Nadvorani has resigned, and CFO Lior Haalman has been appointed acting CEO.

Outgoing HOT Telecommunication Systems Ltd. chair Stella Handler appointed Yaakov Nadvorani to the post. They previously worked together at 012 Smile Telecom Ltd., and Handler effectively ran Hot Mobile through Nadvorani.

With Handler's departure from Hot, Nadvorani apparently felt that the situation at the company had changed, and that he had lost his main support, and decided to resign.



___ (c)2013 the Globes (Tel Aviv, Israel) Visit the Globes (Tel Aviv, Israel) at www.globes.co.il/serveen/globes/nodeview.asp fid=942 Distributed by MCT Information Services

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