Mr. Zisser, Executive President of Elbit Imaging, served as Executive Chairman of the board of directors from 1999-2009. Mr. Zisser was President and Chairman of the board of directors of Europe-Israel since March 1998, and President and Chairman of the board of directors of Control Centers since 1983. He has developed major real estate development projects in Israel (including the city of Emmanuel, the Herzliya Marina, the Ashkelon Marina, and the Sea and Sun luxury residential project in north Tel Aviv), as well as large scale residential and hotel projects abroad. As President, Mr. Zisser leads Elbit Imaging’s core businesses, including real estate investment, hotel ownership and management, development and operation of shopping and entertainment centers in Central/Eastern Europe and in India, development of major residential projects and mixed-use complexes as well as venture capital investments in the hi-tech, medical and bio-technology industries. Mr. Zisser has also served as Executive Chairman of the board of directors of Plaza Centers since October 2006. Mr. Zisser is active in charitable organizations and is a member of the management of the “Oranit” hostel.