Regarding the future, Lautman added: "In this period, when Delta is in the midst of a reorganization, it is important that the person leading the Company be a person who understands the Company well.
Therefore, I agreed to take upon myself the appointment as CEO for 12 months. I am sure that, together with Delta's high quality management, succeed in completing the reorganization and in successfully implementing an organizational structure that will lead Delta in the future."
Proxy materials and formal notice of the shareholders meeting will be sent in the near future.
Delta Galil is a leading global manufacturer of quality apparel sold under brands such as Calvin Klein, Hugo Boss, Nike, Ralph Lauren.
Recognized for product innovation and development, Delta's products are sold worldwide through retailers including Wal-Mart, Marks & Spencer, Target, Victoria's Secret, JC Penney, Hema, and others.
Headquartered in Israel, Delta operates manufacturing facilities in Israel, Jordan, Egypt, Turkey, Eastern Europe, North and Central America, the Caribbean and the Far East.
Delta Galil Industries Ltd
marketing@alchempro.com
