Israel Aerospace Industries (IAI) Board of Directors, chaired by Harel Locker, has approved the search committee's recommendation to nominate Boaz Levy as IAI's chief executive officer (CEO). Levy succeeds Maj. General (ret.) Nimrod Sheffer, who stepped down as CEO on October 31, 2020. The nomination will be submitted to the Minister of Defense, Lt. General (ret) Benjamin Gantz, and the Minister for Cyber & National Digital Matters, Dudi Amsalem who supervising the Israel Government Companies Authority.
Boaz Levy’s career at IAI spans over 30 years. In 1990 he joined the company as an engineer for the Arrow Project and in 1999 became the project's chief engineer. From 2003 to 2006, Levy headed the induction of the Arrow-2 into operational service after going through numerous successful test flights. From 2006 to 2010 he headed the Barak-8 program, which evolved into one of the world's most advanced air defense systems and became one of IAI’s most significant growth engines. In 2010, Levy was appointed as general manager of IAI's air defense division and in 2013 he became Vice President of the Systems Missiles and Space Group, leading the group to become IAI's most profitable and successful business unit.