The liner carrier Zim said Tuesday that Chief Financial Officer Allon Raveh will leave at the end of 2012 in a planned move that’s part of structural and managerial changes in the company.
Raveh has been Zim’s CFO for four years. His replacement will be announced in a couple days, the company said.
“Allon took part in Zim’s financial plan and the negotiations with the banks regarding the improvement of the company’s financial covenants, in light of the deteriorating situation of the shipping industry in recent years,” Zim President and Chief Executive Officer Rafi Danieli said. “I would like to thank Allon for his contribution and wish him every success in the future.”
Zim CFO to leave at year’s end
