Eli Hurvitz

Source: Wikipedia, the free encyclopedia.
For the executive director of the Trump Foundation, see Eli Hurvitz (Meridor).
Eli Hurvitz
אליהו "אלי" הורביץ
Teva Pharmaceutical Industries
TitleChairman of the Board (and former CEO)
Awards2002 Israel Prize for lifetime achievement and special contributions to society and the State

Eliyahu "Eli" Hurvitz (

Teva Pharmaceutical Industries
at the time of his death.

Biography

Eliyahu (Eli) Hurvitz was born in

Bagrut) exams. After graduation, he joined kibbutz Tel Katzir, where he met Dalia Solomon. In June 1953 they married, and they left the kibbutz in October.[citation needed
]

Hurwitz studied economics at the Hebrew University of Jerusalem. He joined Assia Chemical Labs Ltd., a small firm of which Dalia's father was a managing partner, as a dishwasher in the laboratory.[1][2] After his graduation from Hebrew University in 1957 he began doing office work at Assia and moved to executive ranks. In 1964, Assia merged with Zori and in 1969 acquired a controlling interest in Teva. In 1976, the three firms merged into Teva Pharmaceutical Industries Ltd. with Hurvitz as the CEO.[citation needed] He resigned as CEO in 2002 and handed over the position to Israel Makov, and from then on until his death in 2011 had been the firm's chairman of the board.[3][4]

Hurvitz served as chairman of the Israel Export Institute from 1974 to 1978.[

Israel's bank stock crisis of 1983.[1]

Hurvitz was chairman of the Jerusalem Development Authority from 1989 to 1992; a member of the advisory committee of the Bank of Israel from 1991 to 1995; director of Koor Industries Ltd. from 1997 to 2004; and director of Magal Security System Ltd. from 1992 to 1994. He also served as chairman of the executive committee of the Weizmann Institute of Science from 1989 to 1995. He has been a member of the board of governors of Tel Aviv University since 2001, a director of Vishay Technologies since 1997, and chair of the Israel Democracy Institute since 2002.[citation needed]

In March 1996 he was indicted on charges of an $18 million tax evasion in corporate taxes as head of a Teva subsidiary, Promedico.[5] In 1998 he was convicted by the Jerusalem district court,[6] but was acquitted by the Supreme Court of Israel in 2000.[7]

Awards and honours

Hurvitz received honorary doctorates from the

Ben-Gurion University in 2002 and Tel Aviv University
in 2004.

In 2002, he received the Israel Prize, for lifetime achievement and special contribution to society and the State.[8][9]

In 2005, Hurvitz was named Business Leader of the Decade by Dun & Bradstreet.

From 2002 to 2005 he served as a member of the international council of the Belfer Center for Science and International Affairs.[citation needed] In 2006, Forbes estimated his wealth at $500 million and listed him as the 30th-richest Israeli.[10]

In 2011, he received the honorary award of the

high-tech industry, economy and society
in Israel.

See also

References

  1. ^ a b "Horowitz Eli". nfc (in Hebrew). March 17, 2002. Retrieved October 11, 2008.
  2. ^ Weintraub, Don (February 22, 1991). "Eli Hurvitz: president and CEO, Teva Pharmaceutical Industries". ICEN. Retrieved October 11, 2008.
  3. ^ "Hurvitz, Eli". Reuters. Archived from the original on September 29, 2008. Retrieved October 11, 2008.
  4. ^ Coren, Ora (February 21, 2008). "Most respected managers in market: Tshuva, Dankner, Maor and Hurvitz". Haaretz. Retrieved October 11, 2008.
  5. ^ Dougal Gasbarre, April. "Teva Pharmaceutical Industries Ltd". Answers.com. Retrieved October 11, 2008.
  6. ^ Magen, Hadas (December 16, 1998). "Teva CEO Eli Hurvitz Convicted of Tax Fraud Offences". Globes. Archived from the original on May 6, 2004. Retrieved October 11, 2008.
  7. ^ "The Israeli Supreme Court Fully Acquitted Eli Hurvitz, Teva's President and CEO". Business Wire. September 7, 2000. Retrieved October 11, 2008.
  8. ^ "Israel Prize Official Site (in Hebrew) – Recipient's C.V." Archived from the original on 2012-04-04.
  9. ^ "Israel Prize Official Site (in Hebrew) – Judges' Rationale for Grant to Recipient". Archived from the original on 2009-10-19.
  10. ^ "#30 Eli Hurvitz". Forbes. November 12, 2006. Archived from the original on January 23, 2013. Retrieved October 11, 2008.

External links

Retrieved from "https://en.wikipedia.org/w/index.php?title=Eli_Hurvitz&oldid=1208741890"