Israel Bonds News

Howard L. Goldstein is New Chairman of the Board

On Tuesday, May 8, Development Corporation for Israel/Israel Bonds underwent an important leadership transition. During a meeting of the U.S. national board of directors, Richard L. Hirsch, an integral part of Israel Bonds for decades who had served as chairman of the board for nearly eight years, retired from his position.  

Howard L. Goldstein of Miami, who had been serving as vice chairman, was approved as his successor by unanimous vote.  The change became effective immediately. 

Below are reflections from Mr. Hirsch and Mr. Goldstein regarding the transition. 

Richard Hirsch:  “It has been a privilege to serve as board chairman, helping to move the organization forward and working with Bonds leaders not only in the United States, but throughout the world.  It has been particularly gratifying to see the ever-increasing growth in sales over the years.  Additionally, it has been an honor to work with successive finance ministers to develop a common agenda on behalf of Israel’s economy.”

Howard Goldstein:  “Every board chairman I have worked with made Israel Bonds better. Richard’s exceptional leadership gave me an opportunity to complete the initiatives he started. Now, I will begin working with the board and management team to advance new strategies and visions in order to build on the accomplishments of my predecessors and continue to grow the organization to bigger, newer levels. One of the key factors in achieving this will be to get lay leaders involved, engaged and ready to move forward with one strong voice. This has been, and will be, all for my love of Israel, and I want to perpetuate the great legacy I have inherited.”


The leadership and staff of Israel Bonds are gratified by Richard Hirsch’s service and join as one in wishing Howard Goldstein great success.