Isaac Dabah, Delta Galil - Top 50 CEO’s In Israel – Calcalist

http://ireport.cnn.com/docs/DOC-1077532
Isaac Dabah, Delta Galil - Top 50 CEO’s In Israel – Calcalist
If you’re one who reads the financial newspapers in Israel, you probably know one of the biggest financial newspapers – ‘Calcalist’, has issued a list of the top 50 CEOs in Israel. In the honorable 3rd place, after moving up 11 places from last year’s ranking, is ‘Delta’ CEO – Isaac Dabah.



5 years after acquiring ‘Delta’, He tells us about the changes he has made in the company, what he plans for the future, and shares some of his experience and business philosophy.



In the midst of the stormy weather that hit Israel mid-December, Isaac Dabah watched the stormy sea from his office, located high above the rainy streets, in the 19th floor of the Textile House in Tel-Aviv; “yesterday was our best day in this quarter of the year. When it’s cold outside, people buy more pajamas, fleece clothing, it’s a different world”



Dabah (56) is the kind of man that would look at the sea and think about fleece. Even in today’s market everybody knows this man is all about making a profit, a quality which is greatly appreciated: it’s probably why this year he came in 3rd in the “Calcalist” newspaper rating of top 50 CEOs in Israel, after last year he was rated 14. He’s a merchant in his core, which is well noticed in a company that for years was run by Dov Lautman – an industry oriented business man. Back in 2008, when Dabah bought over the company and became CEO, a change has begun, one that resonates to this day: less manufacturing in Israel, more brands, more profit. These days 50% of overall company sales are of well-known brands (compared to 20% in 2008), and the company has grown from 623 Million dollars in sales with an operating profit (pre one-time clause) of 900 Thousand Dollars in 2008, to 818 Million Dollars in sales last year and an operating profit of 50.7 Million, which is 50 times as much. This year, the estimation in the company is that the operating profit will rise higher than 68 Million Dollars.