This past week, ICL submitted the report of the independent committee, that was established by the Company for the purpose of handling the derivative claim filed by Ronen Adini &. Co. regarding the bonuses paid to the Company’s officers throughout the years 2015-2014, to the District Court. The report provides a rare glimpse behind the scenes of the Board of Directors’ meetings, as well as the processes relating to one of the most sensitive subjects that board members discuss: Bonuses to Company officers.
The committee criticized the fact that the largest adjustment performed due to the employees’ strike was carried out with no external consultation.