Ze'ev Almog - General Manager - Israel Shipyards

Israel Shipyards

In March 1986, Almog retired from the IDF and was appointed, at the request of the Ministers of Transportation and Finance and the Official Receiver of the state as a "Special Manager" for the government-owned Israel Shipyards. This appointment stemmed from the serious situation of the shipyards that were on a verge of bankruptcy and needed a turnaround. Nine years later, after completion of a turnaround program the company became profitable, was taken out of receivership and was sold as a viable business to private investors.

During Almog's tenure as the General Manager of the shipyards it developed two types of sophisticated vessels: Sa'ar 4.5 missile boat ("Nirit" type) and the fast patrol boat ("Shaldag") that was purchased by the Israeli Navy and other foreign navies. During this time the American Navy's Sixth Fleet conducted 50% of its Mediterranean ship repairs in Israel Shipyards. It has invested significant funding in dredging the shipyard harbor and improving other infrastructure facilities at the shipyards.

In April 1995, after the privatization of the shipyards, Almog resigned from the shipyards management and devoted his time to serving on various organizations and companies' board of directors such as Israel-Africa Ivestment Company and was elected to the Israeli Management Society. he was elected as a member of the Board of Trustees of the University of Haifa and as a member of the steering committee of the Institutes for Oceanic Studies at Haifa University. Heserved as the chairman of the Israeli national fund for the development of scuba diving.