G. Willi-Food International Ltd. (NASDAQ:WILC) approve appointment of Mr. Tim Cranko as new CEO


G. Willi-Food International Ltd. (NASDAQ:WILC) announced that the Company’s Board of Directors approved the appointment of Mr. Tim Cranko as its new CEO, effective July 6, 2017.Mr. Cranko served since February 2013 as the Manager of the Food Division of Galam Ltd., an Israeli company which specializes in the manufacture and sale of a variety of food ingredients including fructose, glucose and starch. Prior to that, from 2009 until February 2013, Mr. Cranko served as CEO of Pharm-Up-Novolog, an Israeli distributor of pharmaceutical products.

From 2005 until 2009, Mr. Cranko served as the General Manager of Novartis (OTC) Israel, a wholly-owned subsidiary of Novartis AG, specializing in the importing, marketing and sale of OTC pharmaceuticals in Israel. Mr. Cranko holds a BA (International Relations) from the Hebrew University of Jerusalem and an MSM (Masters of Science, Management) from Boston University.

On Friday G. Willi-Food International Ltd. (NASDAQ:WILC) share price closed at $7.53. Company net profit margin stands at 3.50% whereas its return on equity (ROE) is 2.60%. G. Willi-Food International Ltd. (NASDAQ:WILC) is -1.67% away from its 52 week high.

Amid a bitter stand-off with Britain-based micro-chip company Imagination Technologies, Apple Inc. (NASDAQ:AAPL) sent a stern message by opening an office in its proximity. The tech giant planted its flag by renting a 22,500 square-foot office in St Albans just a few miles from Imagination’s headquarters in Hertfordshire village of Kings Langley, the Telegraph reported on Saturday. The Chief Executive of Imagination, Andrew Heath had challenged Apple’s claim that it will be able to develop its own technology without infringing on Imagination’s technology.

The company plans to use the office to develop its own graphics technology for Apple devices after it announced termination of its partnership with Imagination. The development has led to fears in the Imagination camp that Apple will poach its talented staff. In recent months, Apple hired a string of Imagination employees, including its former Chief Operating Officer John Metcalfe. Imagination had earlier accused Apple of breaching ethics when the latter claimed that they would no longer need to pay royalties as they plan to stop using the Imagination graphics technology.

Apple Inc. (NASDAQ:AAPL) traded 18.52 Million shares and its share price moved up 1.02% to close at $144.18. Company has 0.03% insider ownership. Apple Inc. (NASDAQ:AAPL) quarterly performance is 0.36% while its year to date (YTD) performance is 24.49%.

On Friday shares of Bebe Stores, Inc. (NASDAQ:BEBE) ended up at $6.33. This year Company’s Earnings per Share (EPS) growth is -7.90%. Beta of Bebe Stores, Inc. (NASDAQ:BEBE) is 2.68 while company weekly performance is -6.91%.

CPS Technologies Corporation (NASDAQ:CPSH) moved up 5.17% to close at $1.22 on 07 July. Its return on assets (ROA) is -10.30% while return on investment (ROI) is -4.70%. CPS Technologies Corporation (NASDAQ:CPSH) price to sales (P/S) ratio is 1.25.


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