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Biotech / Medical : Teva Pharmaceuticals

TEVA 20.25

+1.1%

9:53 AM EDT

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From: midastouch017	2/21/2006 5:42:40 AM
	of 340

Teva CEO quits Hapoalim board Israel Makov is resigning to devote more time to other duties Eran Peer 21 Feb 06 11:20 Teva Pharmaceutical Industries Ltd. (Nasdaq:TEVA; TASE:TEVA) CEO Israel Makov has stepped down as director at Bank Bank Hapoalim (LSE:BKHD; TASE:POLI). Makov said he was resigning to devote more time to his other duties which had prevented him from devoting time to his activity as board member at the bank. Makov had served on the Bank Hapoalim board since October 2002. Commenting on the announcement, Bank Hapoalim chairman Shlomo Nechama thanked Makov for his service. “He is one of the leading executives in the Israeli economy and Teva’s results both in Israel and globally, speak for themselves,” he said. The bank has called an general meeting on March 8 at which it is expected to obtain approval for the appointment of two new women board members, Advocate Pnina Dvorin and Nira Dror. Published by Globes [online], Israel business news - www.globes.co.il - on February 21, 2006 globes.co.il Dubi

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