Max Stock Limited (TASE: MAXO), Israel’s leading extreme-value retailer, announced the resignation of its Deputy CEO and Head of Finance, Nir Dagan. The resignation is effective December 31, 2025.
Dagan, who has served the company for nine years, informed Max Stock of his decision on September 4th. He will continue in his current roles until the end of the year.
The company issued a statement thanking Dagan for his significant contributions and dedication during his tenure. No reason for his departure was provided in the announcement.
Max Stock operates 64 locations across Israel, offering a wide variety of everyday products at affordable prices. The company’s stated mission is to provide quality goods while helping customers achieve their financial goals.
The company’s announcement was made via an official press release, which also contained a disclaimer stating that this English translation is for convenience only and the original Hebrew version prevails in case of discrepancies.
The search for a replacement for Dagan is expected to begin shortly. Further updates will be provided as the transition progresses. Max Stock‘s leadership team will manage the finance department until a successor is appointed.
Max Stock‘s financial performance and the overall impact of Dagan‘s departure on the company’s operations remain to be seen. Investors and analysts will closely monitor the situation as the company moves forward. The company’s investor relations office is available for inquiries.
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