| Erez Meltzer to resign? |
 Creo-Scitex CEO Erez Meltzer about to resign over disagreements with Creo managementMeltzer’s will follow three senior executives out of the company. A senior company source: Creo’s management is not suitable for Israel. Where is this big ship heading? |
| Creo-Scitex CEO Erez Meltzer about to resign over disagreements with Creo managementMeltzer’s will follow three senior executives out of the company. A senior company source: Creo’s management is not suitable for Israel.
The ExScite has learned that Creo-Scitex CEO Erez Meltzer is about to resign his position, due to sharp disagreements with the management of the Creo group over the group’s strategic direction. Meltzer was unavailable for response today. Meltzer’s resignation from Creo-Scitex, responsible for two thirds of Creo’s activity, comes after a number of senior executives left in recent months. A senior Creo-Scitex source today said, “Creo’s management takes no interest in the really important things, such as increasing sales and entering new fields in full force. That is also the reason for the wave of resignations. There are many disagreements about strategy and the company management methods. ”I predict that the short-term financial results will not be affected. I don’t believe we will see a profit warning tomorrow morning, but management should also look further ahead than one or two years from now. The long-term decisions taken were mistakes. Add to this Creo’s corporate culture, which is not suited to Israel, and you’ll understand why a number of managers have left Creo-Scitex.” Source: Published by Israel’s Business Arena on March 11, 2001, Avishai Ovadya 11.03.2001 17:57 |
