Shalom Shimon

Bnei Brak Financial Company Ltd.

For reasons beyond our control, I was compelled to terminate your post as acting CEO of the Financial Association. It is clearly an action I regret undertaking. In any event I heartily wish you success in all your endeavors.

This is also an opportunity to thank you for your dedicated and efficient work throughout your tenure in the company and in particular for establishing a municipal parking authority of an exceptional quality in a most professional manner. You undertook this task under difficult time constraints and with an already demanding schedule. In addition, you recruited excellent personnel and trained them in accordance with protocol. In a short time the workers gained a high level of skill, allowing for a smooth and continued flow of labor.

In fact, you created a body of personnel "from scratch", which, as a unit, undertook tens of thousands of tasks, all the while managing them in a contained and disciplined manner.

You established a respectable parking area, comparable to the high standard of those belonging to other local authorities. This is demonstrated by the efficient functioning of the parking system, according to the procedures and guidelines you painstakingly prepared for us when taking leave.

In addition to the parking lot, which has been the focal point of your work over the past 2 years, you oversaw the management of the Economic Association's staff (about 450 employees) and local community center, using the respective business models.

I was happy to work alongside you and enjoyed observing the managerial competence and level of professionalism you demonstrated.

I am sure that anyone who hires your services will benefit greatly.

Wishing you the best of success for the future.

Yours sincerely,

Shalom Shimon

CEO

Cc: Rabbi Mordechai Karlitz- Mayor of Bnei Brak

Petach Tikva Development Company Ltd.

Original Recommendation File