Photo: Shutterstock El Al Shock: CEO to Leave by 2025. The dramatic announcement from Dina Ben Tal, CEO of El Al, regarding her intention to step down by the end of 2025, sent ripples through both the financial market and the aviation sector. The company's stock reacted by dropping approximately 4% at the opening of trading this morning on the Tel Aviv Stock Exchange.
Ben Tal, who has been in her position for three and a half years, is highly regarded both within the company's management and the entire aviation industry. During her tenure, Ben Tal led significant efforts to rehabilitate the company, including rebuilding trust among employees, signing long-term agreements, and resolving longstanding labor disputes.
Industry sources and company insiders expressed surprise at the timing of the announcement, as the peak travel season is a period typically marked by stability in airline top management.
As of today (Monday, 14.7), the stock market is responding dramatically to the move, with El Al's stock showing a sharp decline at the start of trading.