RA'ANANA, Israel, Sept. 6, 2010 (GLOBE NEWSWIRE) -- Retalix® Ltd. (Nasdaq:RTLX) announced today the appointment of Avi Naor, a member of Retalix's board of directors, to chairman of the board. The appointment follows Eli Gelman's request to step down from the chairman of the board position to carry out his responsibilities as the new CEO and president of Amdocs. Gelman will continue to serve as a member of the board of directors of Retalix. Naor and Gelman are members of the Alpha Group and joined Retalix's board of directors in 2009, when the Alpha Group acquired a 20% share in the company and entered into a shareholder agreement with the FIMI Fund. Naor's appointment will take effect in the first quarter of 2011.
Avi Naor Appointed As Chairman Of Retalix
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