Ilan Shiloah Explained

Ilan Shiloah
Native Name Lang:Hebrew
Birth Place:Maoz Haim
Citizenship:Israel
Education:Tel Aviv University
Spouse:Shira Margalit[1]

Ilan Shiloah (also anglicised as Shiloach, in Hebrew:) is an Israeli businessman. He is the former CEO and chairman of McCann Erickson-Kesher-Barel, Israel's largest advertising firm.[2] [3] He is the chairman of The Time; a technology startups investment company. During 2003-2011, Shiloah has served on the Executive Board of McCann Erickson EMEA. Since he sold his holdings in 2011, he serves as a board member at Mccan TLV.

Biography

Ilan Shiloah was born in Maoz Haim, a kibbutz in northern Israel. Drafted to the army in 1977, he served in the Special Forces unit Sayeret Matkal. After completing his service, Shiloah obtained a BA in Economics & Management from Tel Aviv University. He also earned his MBA there.

Shiloah is twice divorced and has four daughters. He is married to Shira Margalit, daughter of Dan Margalit.[1] [4] [5] Shiloah lives in Tel Aviv.

Business career

In 1995, Shiloah was appointed as the CEO of Kesher-Barel,[6] [7] which later became McCann Erickson Israel (now part of McCann WorldGroup). Between the years 2009-2011 Shiloah sold his shares in the company to the global McCann Erickson Worldgroup.

Shiloah is the co-founder, major shareholder and chairman of The Time;[8] an investment company founded in 2009 focusing on young innovative technology startups in the areas of new media (T.I.M.E).

In 2015, Channel 10, of which Shiloah was a minority shareholder, entered financial difficulties and Shiloah attempted to take full control of the broadcaster in return for taking on the existing debts of around NIS 200 million.[9] Shiloah's offer was rejected in favour of an offer by Recanati Giladi Entertainment.[10]

Shiloah is chairman of Silenseed, a clinical stage biopharmaceutical company.[11]

Notes and References

  1. News: דברים שרואים מקאן. הארץ . 8 February 2018.
  2. News: McCann-Kesher-Barel to fire 5% of staff . Haaretz . 2003-03-07 . 6 November 2013 . Tsoref, Ayala.
  3. Web site: Ilan Shiloach mulls buying control of Channel 10. 17 February 2015. 7 February 2018.
  4. News: Reshet Executive Attacked Outside Home. Haaretz . 21 May 2009. 8 February 2018.
  5. News: CEO of McCann Erickson Israel Behind Ad That Led to Ex-army Spokesmans Libel Suit. Haaretz . 21 August 2013. 8 February 2018.
  6. אילן שילוח, מנכ"ל ושותף, מקאן קשר בראל, הוא איש השיווק של החודש - מדיה ופרסום - דה מרקר TheMarker. TheMarker . www.themarker.com . 2002-07-11. 2013-10-26.
  7. News: התחנה הבאה של אילן שילוח - גלובס. Globes. www.globes.co.il/ . 2004-09-05. 2013-10-26. שרון-ריבלין. ורד.
  8. Web site: TheTime for startups 3 Oct 2013. mfa.gov.il . 2013-10-17.
  9. Web site: Approval sought for Shiloah Channel 10 acquisition. 7 May 2015. 8 February 2018.
  10. http://www.haaretz.com/israel-news/business/1.658610 U.S. Billionaire Set to Save Israel's Debt-strapped Channel 10
  11. Web site: Board Of Directors. 8 February 2018.