Ormat Technologies Inc (ORA)

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Yoram Bronicki Appointed President of Ormat Technologies
Thursday September 20, 6:52 am ET

RENO, Nev., Sept. 20 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA - News), today announced that its Board of Directors has appointed Yoram Bronicki, currently the Company's Chief Operating Officer, to the position of President, effective immediately. Mr. Bronicki will continue to serve as the Company's Chief Operating Officer in addition to his duties as President. Dita Bronicki, who is stepping down from the position of President, will continue to serve as the Company's Chief Executive Officer.

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Commenting on the promotion, Mr. L.Y. Bronicki, Chairman, stated, "Yoram has done an excellent job as our Chief Operating Officer over the past three years, during which time we have seen substantial growth in the capacity of the power plants which we own and operate. We look forward to Yoram expanding his role at Ormat as our President and feel confident that his expertise and knowledge of our operational activities will serve as a key asset in preparing the Company for its next level of growth. We are equally pleased that Dita will continue to lead the Company in her role as CEO".

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