Full Breakdown
NewMed Energy Appoints Yaakov “Yanki” Quint as Chairman
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In this breakdown
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Appointment Details
NewMed Energy, the energy and infrastructure arm of Yitzhak Tshuva’s Delek Group, announced on Wednesday that Yaakov (Yanki) Quint will join the partnership’s board of directors and serve as chairman of the board. Quint, 53, is scheduled to assume the role on November 1, 2026. He succeeds Niv Sarne, who is moving to the position of general manager of NewMed after a brief two-month tenure as chairman. Sarne had taken over the chairmanship from Gaby Last, who retired earlier this year.
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Background and Significance
The chairmanship at NewMed Energy is regarded as one of the most senior posts within the Delek Group, reflecting the company’s strategic importance in Israel’s energy sector. NewMed focuses on natural gas development and related infrastructure, operating under the broader umbrella of Delek’s diversified holdings.
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Key Personnel Profiles
- Yaakov “Yanki” Quint – Former director of the Israel Land Authority (2020-2025) and earlier director of the Government Companies Authority (2017-2020). His experience spans public-sector governance and land management.
- Niv Sarne – Previously served as chairman of NewMed for two months before transitioning to general manager.
- Gaby Last – Retired chairman whose departure prompted Sarne’s short-term appointment.
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Timeline of Recent Leadership Changes
- 2020-2025 – Quint leads the Israel Land Authority.
- 2017-2020 – Quint heads the Government Companies Authority.
- Early 2024 – Gaby Last retires; Niv Sarne becomes chairman.
- Two months later – Sarne moves to general manager; Quint announced as successor.
- November 1, 2026 (scheduled) – Quint officially assumes the chairmanship.
The appointment underscores Delek Group’s intent to place seasoned public-sector leaders at the helm of its flagship energy venture, positioning NewMed Energy for continued growth in Israel’s gas market.