Thursday, January 3, 2019

Yoav Chelouche

Tzahy: /* Business career */


[[File:Yoav Chelouche.jpg|thumb|upright|Yoav Chelouche]]
'''Yoav Chelouche''' (born 1953) is an [[Israel]]i businessman. He is a managing partner of Aviv Venture Capital., headquartered in [[Tel Aviv]]. In 1995-2001, Chelouche served as CEO and President of [[Scailex Corporation|Scitex Corporation]]. <ref>[http://bit.ly/2At8OHH Tower Jazz: Yoaz Z. Chelouche]</ref>
==Biography==
Yoav Chelouche was born in Paris to Rachel and Aviezer Chelouche, a diplomat and one of Israel's first ambassadors to Europe. <ref>[http://bit.ly/2SF5AYZ Israeli Industry sets its sights on Europe, [[Haaretz]]]</ref> His grandfather, [[Aharon Chelouche]], was the founder of [[Neve Tzedek]], the first Jewish settlement outside [[Jaffa]]. <ref>[http://bit.ly/2AtXN9j The 'Arab Jew' from Algeria, [[Jerusalem Post]]]</ref> His great grandfather, [[Yosef Eliyahu Chelouche]], was one of the early founders of [[Tel Aviv]] and the builder of [[Herzliya Hebrew Gymnasium|Gymnasia Herzliya]], the first Hebrew high school in [[Palestine]]. <ref>[http://bit.ly/2Sy1H7R Chelouche clan gathers in Tel Aviv, [[Haaretz]]]</ref>
After graduating from [[Gymnasia Rehavia]], Chelouche served in the Intelligence Corps of the [[Israel Defense Forces]]. In 1974, he earned a BA in Economics and Statistics from [[Tel Aviv University]], followed by an MBA from [[INSEAD]] business school in Fontainebleau, France. <ref>[http://bit.ly/2AqzxVq Yoav Chelouche, Independent Director]</ref>
Chelouche is married to Bosmat, an attorney who served as legal counsel for [[Bezeq]] and [[Tadiran]]. They live in [[Ramat Hasharon]].<ref> [http://bit.ly/2SuLGzr Highlights: Jerusalem Academy of Music and Dance]</ref>
==Business career==
Chelouche began working for [[Scailex Corporation|Scitex Corporation]], a world leader in digital imaging and printing systems, in 1979. In 1995, he replaced Avi Rosenfeld as CEO, <ref>[https://nyti.ms/2AsnSFH Israeli technology concern gets offer of $856 million, [[New York Times]]]</ref> serving in this position until 2001. Before becoming CEO, he was VP of Marketing and Business Development. <ref>[http://bit.ly/2SzB02O Scitex: A Company at a Crossroads, Tamar Almor]</ref> During his tenure, the company had 3,000 employees and annual sales of over $400 million. <ref>[http://bit.ly/2AqzwAQ The full weight of heritage, [[Globes]]]</ref> Chelouche devoted himself to establishing ties with the Asian market and helped to increase his company's market share worldwide. <ref>[http://bit.ly/2SxT5hG Will start-up nation ever grow up, Times of Israel]</ref> In 2000, Scitex sold its digital pre-press operations to [[Creo (company)|Creo]] of Canada in a share deal worth $500 million.<ref>[http://bit.ly/2AuyJ1U Chelouche bows out of Scitex Corporation, [[Haaretz]]]</ref>At the [[Drupa]] 2000 trade fair in Dusseldorf, Scitex's inkjet based and industrial printing technologies attracted the most attention. <ref>[http://bit.ly/2Sy1IZt Gains from merger with Creo boosts Scitex to net $115 m in 2Q, [[The Marker]]]</ref>

After leaving Scitex, Chelouche became president of Fantine Capital, a company that helped Israeli companies break into the market in Europe. <ref>[http://bit.ly/2SF5AYZ Israeli Industry sets its sights on Europe, [[Haaretz]]]</ref>In 2012-2015, he was co-chairman of Israel Advanced Technology Industries (IATI).<ref>[http://bit.ly/2ArgJW8 IATI co-chair Yoav Chelouche says the government must intervene to set a shekel-dollar rate that makes Israeli exports competitive, [[Globes]]]</ref> He is on the board of directors of the Tel Aviv Stock Exchange (TASE), [[Tower Semiconductor]] (Towerjazz) <ref>[http://bit.ly/2SxHQWl Towerjazz: Board of Directors]</ref>and [[Check Point Software Technologies]]. <ref>[http://bit.ly/2AqzxVq Yoav Chelouche, Independent Director]</ref>

Chelouche has been managing partner of Aviv Venture Capital (formerly Fantine Europe Funds) since its inception in 2001. He and cofounder Amir Guttman raised 80% of the fund from Israeli investment institutions. Their first portfolio company, [[Actona Technologies]], was sold to [[Cisco Systems]] for $100 million. <ref>[http://bit.ly/2ApwxZd Aviv Venture Capital is raising another $100 million, and knows just how to spend it, [[Globes]]]</ref>Aviv's portfolio companies include MGVA, [[ScaleMP]] and Optimal Test. <ref>[http://bit.ly/2SxHQWl Towerjazz: Board of Directors]</ref> Another portfolio company, Briefcam, <ref>[http://bit.ly/2SzLKhx With Israel's BriefCam, 24 hours passes in a minute]</ref> sold its surveillance technology to [[Canon]] in May 2018 for $90 million. <ref>[http://bit.ly/2AscF7M The Japanese digital imaging giant is buying the video synopsis and machine learning solutions company, [[Globes]]]</ref>Aviv has also invested in [[OrCam device|Orcam]], a [[Jerusalem]] start-up that developed a miniature video camera and processing unit weighing less than an ounce which can be attached to eyeglasses. <ref>[http://bit.ly/2SBR6c8 A $1 Billion Valuation for Israeli Mobileye Founders' New Unicorn Orcam, Jewish Business News]</ref>

==Public activism==
Chelouche is chairman of Ta'asiyeda, an educational initiative of the [[Manufacturers Association of Israel]]<ref>[http://bit.ly/2AuAZpF Recanati Prize brochure]</ref> that exposes young people to the world of industry and technology. <ref>[http://bit.ly/2Syymub Ta'asiyeda, organization details]</ref>
==Awards and recognition==
Chelouche won the Henry Ford Prize for first in class at INSEAD. In January 2010 he was named by INSEAD as "one of 50 alumni who changed the world." <ref>[http://bit.ly/2AuB10L DLD conference speaker]</ref>
==See also==
*[[Economy of Israel]]
*[[Start-up Nation]]
==References==

==External links==
*[http://www.avivvc.com/ Aviv Venture Capital website]
[[Category: Israeli businesspeople]]
[[Category: Venture capitalists]]
[[Category: Israeli Jews]]
[[Category: Israeli business executives]]
[[Category: Israeli chief executives]]
[[Category: INSEAD alumni]]
[[Category: Tel Aviv University alumni]]


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