PZOL.TA - Paz Oil Company Ltd.

Tel Aviv - Tel Aviv Delayed Price. Currency in ILS

Paz Oil Company Ltd.

Holland Building
Euro Park
Yakum 6097200
Israel
972 9 863 1103

Sector
Industry
Full Time Employees3,889

Key Executives

NameTitlePayExercisedAge
Mrs. Sharona NovakChief Financial Officer and VP1.78MN/A45
Mr. Malachi AlperVP, CEO of Refinery & Logistics Division and CEO of Paz Ashdod Refinery Ltd2.29MN/A58
Mr. Amir ErezChief Exec. Officer of Pazgas Ltd1.61MN/A51
Mr. Yoram EyalVP of Retail Operations2.13MN/A49
Mr. Uri KahalonVP of Real Estate and OperationsN/AN/A58
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in ILS.

Description

Paz Oil Company Limited, together with its subsidiaries, refines, produces, stores, sells, and markets oil and other products in Israel and internationally. The company operates through three divisions: Paz Retail and Wholesale, Paz Industries and Services, and Paz Refining and Logistics. The Paz Retail and Wholesale division markets, distributes, and transports oil products at filling stations, and food and convenience products at the Yellow market stores; leases stores; and provides engineering, maintenance, and logistic services for the retail complexes and retail infrastructure customers. It is also involved in direct marketing of fuel to institutional customers, industries, and other large enterprises, as well as to car fleets. This division has 273 filling stations. The Paz Industries and Services division distributes and sells LPG for cooking, heating, water boiling, and fueling cars; and markets, distributes, and sells devices that consume LPG, as well as converts plants to natural gas operation. This division also produces, recycles, imports, markets, and exports lubricants, chemicals, and solvents; produces, markets, and exports sealing and insulation products for the construction industry; produces and markets products for transport infrastructure; and stores, markets, supplies, and distributes jet fuel and aviation gasoline, as well as provides refueling services to aviation companies. The Paz Refining and Logistics division manages refinery; imports crude oil and related products; manufactures oil distillates; generates and sells electricity; and offers logistic services, including the storage and distribution of fuels, as well as purchasing and supply services. The company was formerly known as Shell Palestine and changed its name to Paz Oil Company Limited in 1958. Paz Oil Company Limited was founded in 1922 and is based in Yakum, Israel.

Corporate Governance

Paz Oil Company Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.