Economy Minister Eli Cohen picks Ami Appelbaum, a former president of KLA-Tencor Israel, to serve as the next chairman of the Israel Innovation Authority and the ministry’s chief scientist.
Appelbaum will be tasked with managing the government’s support and incentives schemes to promote R&D and innovation in local industry, and with setting out the nation’s innovation policies.
The Innovation Authority, formerly known as the Office of the Chief Scientist, was rebranded in 2016 and aims to boost the local innovation ecosystem and the Israeli economy by ensuring it is globally competitive and by improving productivity in the industry through technological innovation.
The authority is an independent and impartial public entity that manages a yearly budget of some NIS 1.6 billion ($452 million).
Appelbaum is a former Defense Ministry official, engineering executive at the US conglomerate Rockwell International and, for the past six years, has served as the President of KLA-Tencor Israel, the local arm of the $12 billion (some NIS 42.5 billion) global semiconductor manufacturer.
— Shoshanna Solomon
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