CEL - Partner Communications CEO chair exit as company changes hands

Partner Communications' (PTNR +0.3%) CEO and chairperson have each resigned, according to separate statements from the company. That comes ahead of a sale of control of the Israeli company. Avi Zvi resigned his position as chief executive officer, saying "Upon taking office, I stated that my main goal was to lead the Company towards the sale of its controlling interest ... I wish the buyers group success." Osnat Ronen resigned her role as chairperson, effective with the next annual meeting. "During the last two years, Partner has accelerated its infrastructure investments and as a result, has transformed from a cellular company to a leading telecommunications group that provides a broad range of telecommunication services, both in the cellular as well as the fixed-line markets," she says. The former CEO of Partner's rival, Cellcom (CEL), has been pursuing acquiring controlling interest of Partner along with an investment group. Meanwhile, the Histadrut

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Partner Communications CEO, chair exit as company changes hands