Joseph Ackerman, president and CEO of Elbit Systems, has announced plans to retire at the end of March 2013. The company has designated Bezhalel (Butzi) Machlis as Ackerman's successor. Ackerman started working at Elbit Systems in 1982 and served as president for the last 16 years. Machlis is currently executive vice president and has worked for the company since 1991.
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