Melisron CEO dies at 54 before results for Melisron stock

Published on 10/21/2026 at 11:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The company reported ILS 412 million NOI for the second quarter. Results for Melisron stock are scheduled for November 25, 2026.

Operational results and leadership

Melisron reported ILS 412 million in NOI for the second quarter on August 13, 2026.
Second-quarter net income reached ILS 289 million in the period ended June 30, 2026.
Melisron's market capitalization was ILS 19.0 billion as of October 19, 2026.

Melisron, IL0003230146, Illustration mit AI erstellt.

Melisron (ISIN IL0003230146) faces a leadership transition after CEO Ophir Sarid died at 54 on September 28, 2026, while CFO Oren Hillinger serves as acting CEO, Bizportal reported. The change comes before Melisron's next scheduled results on November 25, 2026.

Leadership change reaches results

The sequence matters because the company is entering its next reporting cycle with an acting chief executive. Zonebourse lists the CEO change as effective September 2, 2026, before the later death announcement. Hillinger is responsible for continuity while Melisron searches for a permanent successor.

What does the operating base show?

Melisron's latest reported operating figures provide a measurable backdrop. The company said on August 13, 2026, that net operating income reached ILS 412 million in the second quarter, while shopping mall sales rose 11.00 percent; the period ended June 30, 2026, Melisron said. Second-quarter net income was ILS 289 million, compared with ILS 265 million in the preceding quarter, according to TradingView.

Three dates define the transition

On August 13, 2026, Melisron reported ILS 412 million of second-quarter NOI. On September 2, 2026, the CEO change became effective. On September 28, 2026, Sarid's death at age 54 made the interim leadership arrangement the central governance issue.

When is the next report?

Melisron's next results are scheduled for November 25, 2026, according to TradingView. That release should give investors the next quantified view of occupancy, mall sales and income after the management change.

Scale remains visible in the accounts

Melisron owns 29 rental properties and reported an average occupancy rate of 97.80 percent as of June 30, 2026. Its investor-relations page also listed annual mall sales of ILS 10.5 billion and total asset value of ILS 28.0 billion as of that date. Market capitalization stood at ILS 19.0 billion as of October 19, 2026. The company is listed on the Tel Aviv Stock Exchange and included in the TA-35 and TA-125 indexes.