Wharton Alumni Magazine
Spring 2008
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Continued from previous page

Israel Club Gala Hosts 200 Attendees

Continuing a tradition, the Wharton Club of Israel and the local Harvard Business School alumni club celebrated their sixth annual Gala Dinner on December 26, 2007. To date, this was the largest event of its kind for the local alumni club, hosting 200 people, including many business and community leaders.

The keynote speaker was Shay Agassi, one of Israel’s best-known entrepreneurs, who had sold the software company he founded to SAP and went on to become SAP’s Deputy CEO. These days, Agassi is promoting the adoption of a nationwide network of electric outlets in Israel, in which drivers can recharge their electric car battery anywhere. The total cost of this project is set at $200 million. The existence of such a network would make it possible for everyone to switch from a conventional gasoline-powered car to an electric-powered one. Agassi has already secured the funds as well as the cooperation of Renault-Nissan and the State of Israel.

Every year at the Gala Dinner, the Organizing Committee rewards a community organization for their exceptional achievement in building a “critical mass” of young leaders who will impact society. This year, a not- for-profit organization called LEAD was chosen. Founded by self-made billionaire Morris Kahn, the organization has taken upon itself the task of encouraging and developing youth leadership in Israel. The goal is to mentor 120 young adults every year, training each according to the most advanced leadership techniques and concepts. LEAD’s purpose is to make an impact on the next generation of leaders throughout government and business across in the country.

– Yarom Arad, WG’95

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