Jacob Perry staying on at Cellcom due financial incentive
Shareholders asked CEO to withdraw resignation as Safra brothers about to acquire control from BellSouth
Cellcom President and CEO Jacob cancelled his planned resignation from the firm after the shareholders pledged to significantly improve his wages, Ma'ariv reports.
Negotiations to keep Perry in the company resumed in recent days after it became clear that the Safra brothers will become the principal shareholders in Cellcom after buying the interest of BellSouth Corporation (NYSE:BLS).
