From 2012 until the end of 2016, Eyal was the Chairman of “The Fuel Choices Initiative” – Israel’s National Program for alternative fuels and Smart Mobility.
The 10 years – $400 million Program serves as a catalyst for reduction of global dependency on crude oil by establishing Israel as a center of knowledge and industrial best practices in the field of alternative fuels and smart mobility. Reporting to the Prime Minister’s Office, Eyal chairs the government’s inter-departmental steering committee and runs the Program’s administration, where he is responsible for developing and executing the Program’s strategy while coordinating nine government departments participating in the Program.
During his four years as the head of the initiative, the amount of companies in the field in Israel grow seven fold to more than 500 while the amount of research groups grow from 40 to 250. In addition, global collaborations with governments’ academia and industry from around the world turned Israel into a global hub for technologies and forward thinking in the field, with constant presence of most of the global players.
Eyal brings to the Program twenty years of experience in different facets of the investment and business world, both as PE and VC. Previously Eyal was the CEO of the Borovitz Mozes Group (BMG), a $3 billion privately held company controlling El Al – Israel Air Line, Sonol gas stations, Tambour paints, GES environmental solutions and other companies.
Eyal’s 7-year tenure at BMG includes the acquisitions of EL AL, Tambour – Israel’s largest paint company, and Granite Energy Company. Eyal served as a board member and consultant to most of the Group’s companies.
Prior to BMG, Eyal was a Vice President at Bankers Trust for five years, where he was responsible for the trading and sales in Israel.
Eyal have vast experience in early stage investments with 18 private investments and 4 large exits (Mobileye, Enigma, SportVu). In addition Eyal was among the owners of Sde Boker Incubator & Member of the Investment committee at Evergreen VC.
Eyal was also an advisor to the Government of Israel and the Israeli Space Agency (2010), and served on the board of the Israeli chapter of the Young Presidents Organization (YPO) from 2007 to 2012.
Eyal served as captain in the Israeli Navy after graduating with highest honors at the Naval Academy. Eyal’s education includes BSc in Computer Science and Economics, and MBA both from Tel Aviv University and HBS President Program