The Phoenix changed CFO as The Phoenix stock sits 15.00 percent below its high
Published on 10/09/2026 at 13:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- The Phoenix appointed Shay Tzadok as deputy CEO effective October 5, 2026.
- The Tel Aviv quote was ILA 17,110.00 on October 9, 2026, 15.00 percent below its 52-week high.
- Market capitalization stood at ILA 43.1 billion, while the company operates across insurance, savings and investment services.
The Phoenix (ISIN IL0007670123) was last at ILA 17,110.00 on the Tel Aviv Stock Exchange on October 9, 2026, 15.00 percent below its ILA 20,130.00 52-week high. MarketScreener reported on September 17, 2026, that Phoenix Financial had appointed Shay Tzadok as deputy CEO effective October 5, 2026, replacing Eli Schwartz in the role. The change gives investors a dated management event alongside a measurable valuation reset from the yearly high.
CFO transition took effect October 5
The board approved Tzadok's appointment on September 16, 2026, while Schwartz was set to leave the deputy CEO and CFO role for a new position within the Phoenix group. The management change was effective October 5, 2026, making the leadership handover the clearest recent company-specific event.
Tzadok had been vice president and chief of staff to the CEO before taking the new position, while Schwartz had served as deputy CEO and CFO. The succession therefore combines an internal promotion with a change in responsibility at the financial-services group, rather than an external executive hire.
What does the transition mean
The Phoenix Holdings Ltd. employs 5,172 people and operates across insurance, retirement planning, savings, credit and investment management. The company's website describes insurance products spanning life, health, property and casualty coverage, alongside savings and investment plans.
That breadth matters for the new deputy CEO and CFO because the group combines underwriting with asset management and long-term savings products. The company website also advertises consumer loans of up to ILS 150,000, illustrating the scale of its retail finance offering.
Tel Aviv quote stays below the yearly high
The stock's market capitalization stood at ILA 43.1 billion on October 9, 2026. The 52-week range was ILA 11,740.00 to ILA 20,130.00, placing the latest ILA 17,110.00 quote 15.00 percent below the upper boundary.
The Tel Aviv quote was last at ILA 17,110.00 at 1:48 p.m. IDT on October 9, 2026, versus ILA 17,300.00 previously, a decline of 1.10 percent. The further course of trading is shown by the continuously updated real-time quote of The Phoenix stock.
The Phoenix stock at a glance
- Company: The Phoenix Holdings Ltd.
- ISIN: IL0007670123
- Ticker: PHOE.TA
- Primary exchange: Tel Aviv Stock Exchange
- Primary exchange price as of October 9, 2026, 1:48 p.m. IDT: ILA 17,110.00
- Change versus prior close: minus 1.10 percent
- Prior close Tel Aviv: ILA 17,300.00
- Market capitalization: ILA 43.1 billion as of October 9, 2026
- 52-week range: ILA 11,740.00-20,130.00
- Sector / Industry: Financial Services / Insurance - Diversified
- Index membership: TA-35
Market context: Market report TA-35.
