BNET Industries
Market Cap:$465.5M
Last Fiscal Year Sales:$1.2B
- Public
- IL
Dow Jones Description
Supermarkets & Department Stores Operator
President & CEO
Gil UngerNumber of Employees 6,330
Peer Companies
NAICS Code Department Stores (except Discount Department Stores): 452111
Recent Events
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Blue Square Israel Q3 Profit Up - Update
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Blue Square Announces it Received an Affirmation of Debentures Rating "ilA+" From Standard & Poor's...
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BRIEF-Blue Square gives update on management changes
News & Analysis
Filter by
blue square-israel ltd. and company - All News and Analysis
Blue Square-Israel Ltd. Reschedules Shareholders Meeting
Business Editors ROSH HA'AYIN, Israel--BUSINESS WIRE--Sept. 7, 2000 Following the announcement of Blue Square-Israel Ltd. (NYSE: BSI) dated August 24, 2000, Blue Square-Israel Ltd. ("the Company") announced that the Adjourned Extraordinary General Meeting of shareholders (the "AEGM") that was held on September 6, 2000 at 5 p.m. (Israel...
Blue Square-Israel Opens Another Mega - 4Th in New Chain of Giant Supermarkets
Business Editors ROSH HA'AYIN, Israel--BUSINESS WIRE--April 10, 2000 Blue Square-Israel Ltd. (NYSE: BSI) today announced that it has opened a fourth branch of its major new MEGA supermarket chain. The new 8,000 square meter store, located in Be'er Sheva, employs more than 250 workers and offers a selection...
Blue Square-Israel Considers Alternatives to Purchase of Minority Share in Amot Investments
Business Editors ROSH HA'AYIN, Israel--BUSINESS WIRE--Jan. 11, 2000 Blue Square-Israel Ltd.(NYSE:BSI) announced today that it has authorized the President and CEO of the Company, Mr. Yoram Dar, to consider the possibility of locating potential candidates to replace the Company in its rights and obligations pursuant to...
Blue Square-Israel Makes An Announcement
Business Editors ROSH HA'AYIN, Israel--BUSINESS WIRE--Jan. 3, 2000 Blue Square -Israel Ltd. (the "Company") (NYSE: BSI) announced today that, following claims made by a few members of the Co-Op Blue Square Consumers' Cooperative Society Ltd. (the "Co-Op") as to the legality of certain activities of the Co-Op, the...
Blue Square-Israel Announces Changes in Board and Names New CFO — Yakov Gelbard Retires From Board of Directors — Zvi Bochman Named CFO
Business Editors ROSH HA'AYIN, Israel--BUSINESS WIRE--Dec. 29, 1999 The Board of Directors of Blue Square-Israel Ltd. ("BSI") (NYSE: BSI) announced today that Yakov Gelbard has retired from his position as a member of the Board of Directors, effective immediately. Mr. Gelbard was General Manager of...
Benny Gaon Named Chairman of Blue Square-Israel; Yossi Rosen Steps Down After 3-1/2 Years; Will Remain Active on Board
Business Editors ROSH HA'AYIN, Israel--BUSINESS WIRE--Dec. 26, 1999 The Board of Directors of Blue Square-Israel Ltd. ("BSI")(NYSE:BSI) announced today that it has appointed Benjamin Benny D. Gaon to serve as its Chairman, effective immediately. Mr. Gaon replaces Yossi Rosen, who has served as the Company's Chairman since...
Blue Square-Israel Declares Dividend — Subsidiary, BSIP, Also Declares Dividend
ROSH HA'AYIN, Israel--BUSINESS WIRE--June 2, 1999-- Blue Square-Israel Ltd. (NYSE: BSI) announced today that in accordance with a decision made by the Board of Directors, an interim cash dividend of $0.25 per share will be paid on June 22, 1999. The dividend, net of taxes...
Blue Square-Israel Ltd. Reschedules Shareholders Meeting
Business Editors ROSH HA'AYIN, Israel--BUSINESS WIRE--Aug. 24, 2000 Blue Square-Israel Ltd. (NYSE: BSI) today announced that the Extraordinary General Meeting of Shareholders (the "EGM") that was held on August 24, 2000 at 7:30 a.m. Israel time resolved to adjourn the EGM. The adjourned meeting was scheduled for September...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Gil Unger | President & CEO |
| Delia Levanon | CIO |
| Dror Moran | CFO & Vice President |
| Emanuel Avner | CFO & Vice President |
| Eliezer Gayer | Vice President |
| Ilan Buchris | Vice President |
| Michael Lev | Vice President, Operations |
| Moshe Shatz | Vice President, HR |
| Odelia Levanon | Vice President, IT Division |
| Oren Lahat | Vice President |
| Sandrine Montsma | Vice President, Marketing |
| Shay Lifshitz | Vice President |
| Uri Falach | Vice President |
| Shaul Gliksberg | Director of Certain Subsidiaries |
| Dany Magen | Manager |
| Rafi Masiach | Manager |
| Yehuda Porat | Manager |
| Eli Levinson Sela | General Counsel & Secretary |
| Iris Penso | General Counsel & Secretary |
| Max Presler | Treasurer |
| Ronit Zilberfarb | Internal Auditor |
| Shay Liftshitz | Head, Trade Headquarters |
| Avraham Meron | Director |
| Itzhak Bader | Director |
| Pinchas Cohen | Director |
| Ron M. Fainaro | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David Wiessman | Chairman, Board of Directors |
| David Alphandary | Board of Directors |
| Diana Bogoslavsky | Board of Directors |
| Elisha Eitani | Board of Directors |
| Matthew Bronfman | Board of Directors |
| Merav Gold | Board of Directors |
| Ron Hadassi | Board of Directors |
| Shaul Gilksberg | Board of Directors |
| Shlomo Even | Board of Directors |
| Shlomo Zohar | Board of Directors |
| Sholmo Even | Board of Directors |
| Uzi Baram | Board of Directors |
| Yaakov Shalom Fisher | Board of Directors |
| Yilzhak Bader | Board of Directors |
| Yitzhak Bader | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | CIO | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | CFO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | CFO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President | Current |
| Blue Square-Israel Ltd. | Head, Planning | Former |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President, HR | Current |
| Blue Square-Israel Ltd. | Head & HR | Former |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President, IT Division | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President | Current |
| Blue Square-Israel Ltd. | Head, Real Estate Development Division | Former |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President | Current |
| Blue Square-Israel Ltd. | Head, Trade Headquarters | Former |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Africa Israel Investments Ltd. | Senior Vice President, Finance | Current |
| Blue Square-Israel Ltd. | Director of Certain Subsidiaries | Current |
| Alon USA Energy Inc. | Director | Current |
| Tnuva Food Industries Ltd. | Chief Financial Officer | Former |
| Africa Israel Investments Ltd. | Director of Certain Subsidiaries | Former |
| Tel Aviv University | MBA in Business Management | Former |
| Bar-Ilan University | bachelor's degree in Economics and Accountancy | Former |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | General Counsel & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | General Counsel & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Internal Auditor | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Head, Trade Headquarters | Current |
Mr. David Wiessman is Executive Chairman of the Board of Directors of ALON USA. The company was formed in August 2000 after ALON Israel Oil Co., LTD (ALON Israel) purchased the downstream assets of Atofina Petrochemicals, Inc. (FINA). Mr. Wiessman has over 25 years of oil industry and marketing experience. In 1976, after serving in the Israeli Air Force, he became CEO and majority shareholder in Bielsol Group, a privately owned company that owns and operates gasoline stations and real estate in Israel. In 1993 Mr. Wiessman acquired ALON Israel. In 1994 he became CEO and President of ALON Israel Group, moving it from a 0% market share to more than a 20% market share today, making ALON Israel one of Israel's leading enterprises. ALON Israel has pioneered retail outlets in Israel's gas stations, opening up commercial centers, supermarkets, and roadside restaurants. ALON Israel's "Super Alonit" convenience stores were the first stores to be operated in Israel, while the company also operates fast foot outlets and SegaFredo cafes. ALON Israel holds the Pizza Hut and Kentucky Fried Chicken franchises in Israel. Mr. Wiessman, through ALON Israel, also purchased in 1999 - 80.3% of Dor Energy shares, which more than doubled the number of ALON Israel service stations and has given the company a 20% share of Israel's fuel market. ALON Israel now holds 100% of Dor Energy. Through Dor's fully-owned subsidiary, Dorgas, ALON Israel has become a major player in the LPG market. Dorgas has the exclusive rights to import LPG to Israel via Haifa Port and the exclusive rights to supply fuel and LPG to the Palestinian Authority. ALON Israel is also part of the DerechEretz consortium, which holds the tender to build the Cross-Israel Highway, Israel's first-ever toll road. ALON Israel holds 100% of the rights to construct and operate road services adjacent to the highway, which, when completed, will stretch from the north to the south of the country. The project will cost $1.2 billion, and ALON Israel will also hold 20% of the company that will operate the highway. In August 2000, Mr. Wiessman negotiated ALON Israel's purchase of the downstream assets of FINA, Inc., including the Big Spring refinery, terminals, pipeline systems, and marketing operations located in Texas, New Mexico, Arizona, Louisiana, Arkansas, and Kansas. As Executive Chairman of the Board of ALON USA, Mr. Wiessman is committed to continuing the growth of the FINA brand name in the United States and will preserve FINA's culture and growth through significant investments in marketing. In 2001, ALON USA purchased Southwest Convenience Stores, LLC, the largest 7-Eleven licensee in the United States. In June 2003, Mr. Wiessman through the Bronfman - ALON Israel group purchased 78.13% of Blue Square Israel Ltd. making ALON Israel the leading food retailer in Israel with more than 170 supermarkets in Israel. Blue Square is a public company both in the U.S. and Israel stock exchange market (BSI). Blue Square, Super Alonit, Pizza Hut and Kentucky Fried Chicken have brought ALON Israel to be the leading food retailer in Israel. Mr. Wiessman is considered the leader of the Fuel Industry Reform in Israel, and he is formally involved in the design process of the Israeli Fuel Industry. He serves on many Boards of Directors, is an active member of governmental committees relating to energy issues, and is a frequent guest speaker to large groups regarding the energy industry and issues. In recognition of his many accomplishments within the business community, Mr. Wiessman was named Israel's Man of the Year for 2005. This distinguished honor, which has been awarded for the past 11 years, was presented during the annual Israel Business Conference. The conference was attended by such dignitaries as the Prime Minister, the Minister of Finance, other ministers, and top Israeli business people, including industry leaders, industrialists, economists, senior officials, politicians, and representatives of various social organizations. In recognition of his leadership in the growth of ALON USA, Mr. Wiessman was awarded the prestigious 2007 Ernst & Young Entrepreneour of the Year Award for the Southwest Region and was a finalis for the international award. Mr. Wiessman created and is the largest contributor to the "Warm House Project", a community service project in Israel that provides transportation to and from school for economically disadvantaged children, as well as lunches and after school tutoring. Mr. Wiessman founded the Israeli Philharmonic Orchestra Scholarship Fund that provides underprivileged students with an opportunity for musical college education. ALON USA is also involved in the "Community in Schools" project: ALON USA recently established a $1 million endowment to benefit the exemplary stay-in-school program for students in Dallas and the North Texas area.
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Chairman, Board of Directors | Current |
| Tel Aviv Stock Exchange Ltd. | Chairman, Board of Directors | Current |
| Dennard Rupp Gray & Easterly, LLC | Executive Chairman of the Board of Directors | Current |
| James Batmasian | Deputy Chairman of the Board of Directors | Current |
| Alon USA Energy Inc. | Chairman | Current |
| The Property Chain | Acting Chairman of the Board of Directors | Current |
| Alon USA Energy Inc. | Chief Executive Officer | Former |
| Alon USA Energy Inc. | President | Former |
| Alon USA Energy Inc. | Director | Former |
| Blue Square-Israel Ltd. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Alon USA Energy Inc. | Board of Directors | Current |
| Blue Square-Israel Ltd. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Alon USA Energy Inc. | Chairman, Board of Directors, Alon Israel | Current |
| Blue Square-Israel Ltd. | Director | Current |
| Alon USA Energy Inc. | Director | Current |
| The Property Chain | Director | Current |
| Dennard Rupp Gray & Easterly, LLC | Director | Current |
| Dor Alon | Director | Current |
Matthew Bronfman, Director (Class II) since June 2003, Age 46. Since 2000, Mr. Bronfman has served as a Managing Director of ACI Capital, a private equity firm specializing in middle market acquisitions. Mr. Bronfman also serves on the boards of Tweeter Home Entertainment Group and Blue Square Israel.
| Organization | Position | Status |
|---|---|---|
| ACI Capital Co., Inc. | Managing Director | Current |
| World Jewish Congress | Wjc Governing Board Chairman | Current |
| Stonewood Insurance Company | Director | Current |
| The Israel Corporation Ltd. | Advisory Board | Current |
| Tweeter Home Entertainment Group, Inc. | Board of Directors | Current |
| Blue Square-Israel Ltd. | Board of Directors | Current |
| James River Group, Inc. | Board of Directors | Current |
| Jenny Craig, Inc. | Advisory Board | Current |
| Harvard Business School | MBA | Former |
| Williams College | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Africa Israel Investments Ltd. | CEO | Current |
| Blue Square-Israel Ltd. | Director | Current |
| Alon USA Energy Inc. | Board of Directors | Current |
| Africa Israel Investments Ltd. | Executive Vice President | Former |
| Tel Aviv University | B.Sc. in Industrial Management | Former |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Africa Israel Investments Ltd. | CFO | Current |
| Alon USA Energy Inc. | Director of Alon | Current |
| Dor Alon | Director | Current |
| Dennard Rupp Gray & Easterly, LLC | Director | Current |
| Alon USA Energy Inc. | Board of Directors | Current |
| Blue Square-Israel Ltd. | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Blue Square-Israel Ltd. | Board of Directors | Current |
| Volume | 7,000 |
| Shares Outstanding | 43.7M |
| Market Cap | 465.5M |
| Year High | 12.72 |
| Year Low | 4.99 |
| Earnings Per Share | 0.22 |
| P/E Ratio | 48.40 |
| Dividend | 1.7638 |
| Yield | 16.5611 |
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