Blue Square (VSI) COO Resigns
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Blue Square-Israel Ltd. (NYSE: BSI) announced that Mr. Uri Falach, who serves as Blue Square's Vice President for Trade and its Chief Operating Officer, has notified Blue Square that he intends to resign from his position for personal reasons. Mr. Falach is expected to continue in his present position until December 31, 2008, and he has been offered a number of positions with Alon Group.
Furthermore, Blue Square announced today that it had resolved to appoint Mr. Gershon Wissman as Blue Square's Head of Trade Division and a member of management, effective as of August 3, 2008. From 2002 to 2005, Mr. Wissman served as the Vice President for Trade and Marketing and a member of management of the ClubMarket Chain (the operations of which were acquired by Shufersal Ltd. in 2005).[SM]
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