Turbogen Announces Resignation of External Director Eli Zooker

An update from Turbogen ( (IL:TURB) ) is now available.

Turbogen announced the resignation of Eli Zooker from his position as an external director, effective February 12, 2025. Zooker, who was considered to have accounting and financial expertise, was a member of several key committees, including the Audit Committee and the Compensation Committee. His departure does not appear to be linked to any circumstances that require notification to security holders. The company has scheduled a general meeting to discuss, among other things, Zooker’s potential reappointment.

More about Turbogen

Turbogen operates in the energy sector, focusing on producing combined heat and power systems. These systems are designed to improve energy efficiency and are aimed primarily at the industrial and commercial markets. The company’s securities are listed for trading on the Tel-Aviv Stock Exchange.

YTD Price Performance: 4.22%

Average Trading Volume: 26,460

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