Leadership Overview
Delek Group has 4 executives leading key functions including strategy, finance, and operations.
Driven by a commitment to energy security, Delek Group is dedicated to developing significant natural gas reserves and expanding its role as a major export hub, impacting regional markets and demonstrating a consistent track record of growth.
Driven by a commitment to energy security, Delek Group is dedicated to developing significant natural gas reserves and expanding its role as a major export hub, impacting regional markets and demonstrating a consistent track record of growth.
Leadership Roles at Delek Group
Idan Wallace - Chief Executive Officer
Idan Wallace, the Chief Executive Officer at Delek Group, directs the company's overarching strategy and operational execution. Wallace oversees the exploration, development, and production of significant natural gas reservoirs in the East Mediterranean, including the Leviathan and Tamar fields, which hold over 30 TCF of reserves. This leadership ensures Delek Group's position as a primary supplier to Israel, Egypt, and Jordan, driving the region's development into a major natural gas export hub. Wallace also guides the strategic direction for Ithaca, Delek's wholly owned subsidiary, managing high-quality oil and natural gas assets in the UK North Sea. These UK assets contribute approximately 300 million barrels of oil equivalent (boe) and produce about 22-24 million boe annually. The Chief Executive Officer's focus remains on maximizing shareholder value through efficient operations and strategic expansion in key energy markets. Idan Wallace ensures alignment across all business units, fostering a culture of growth and operational excellence.
Wittinig Silviu - President & Chief Executive Officer
Wittinig Silviu, the President & Chief Executive Officer at Delek Group, spearheads the company's strategic vision and global operational management. Silviu directs the expansion of Delek's E&P activities, particularly focusing on the East Mediterranean's substantial natural gas reserves, including the Leviathan and Tamar fields, which collectively boast over 30 TCF of reserves and an annual production capacity exceeding 20 BCM. This leadership role is critical in positioning Delek Group as a pivotal natural gas supplier to Israel, Egypt, and Jordan, while actively developing the region into a significant natural gas export hub. Silviu also oversees the strategic integration and performance of Delek's UK North Sea assets through its subsidiary Ithaca, managing approximately 300 million barrels of oil equivalent (boe) with an annual output of 22-24 million boe. The President & Chief Executive Officer's mandate includes driving innovation, ensuring robust financial performance, and maintaining Delek Group's status as one of Israel's largest and most prominent companies. Wittinig Silviu champions initiatives that enhance operational efficiency and market reach.
Ronit Bachar - Chief Financial Officer
Ronit Bachar, the Chief Financial Officer at Delek Group, manages the company's comprehensive financial strategy and fiscal operations. Bachar oversees all aspects of financial planning, reporting, and capital allocation, ensuring the financial health and stability of Delek's extensive energy assets. This includes managing the financial intricacies of the East Mediterranean natural gas reservoirs, such as Leviathan and Tamar, which represent significant reserves and production capacity, and supporting their role as major suppliers to regional markets and export initiatives. The Chief Financial Officer also directs the financial oversight for Delek's UK North Sea operations through Ithaca, ensuring profitability and efficient resource management for its oil and natural gas assets totaling approximately 300 million boe. Bachar's responsibilities extend to investor relations, risk management, and optimizing the company's capital structure to support sustained growth and operational expansion. Ronit Bachar plays a crucial part in maintaining Delek Group's strong financial track record and its position on the Tel Aviv Stock Exchange.
Tamir Polikar - Executive Vice President & Chief Financial Officer
Tamir Polikar, the Executive Vice President & Chief Financial Officer at Delek Group, directs the financial architecture and strategic fiscal planning for the company's global energy operations. Polikar's purview encompasses the financial management of Delek's substantial natural gas reserves in the East Mediterranean, including the Leviathan and Tamar fields, ensuring robust financial frameworks support their function as key regional suppliers and export hub drivers. This role also involves close collaboration with the Chief Executive Officer on capital deployment for exploration and production activities. The Executive Vice President & Chief Financial Officer oversees the financial performance and reporting for Delek's UK North Sea assets managed by Ithaca, ensuring optimal financial outcomes from its oil and natural gas holdings. Polikar is instrumental in managing corporate finance, treasury functions, and driving financial strategies that align with Delek Group's consistent growth trajectory and market leadership. Tamir Polikar ensures rigorous financial controls and strategic investment decisions.
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