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Mr. Wallace was appointed the new CEO of Delek Group in January 2020, after previously serving as CEO of Tshuva Group, a group of private companies owned by Yitzhak Tshuva, the controlling shareholder of Delek Group (through Tashluz Investments and Holdings Ltd.). In addition, since 2010, Mr. Wallace has served as a strategic advisor to the CEO of Delek Drilling (now called NewMed Energy). Mr. Wallace also serves as a director in a number of leading companies in the energy, real estate and media sectors. Mr. Wallace has a degree in law from Tel Aviv University and is a Member of the Israel Bar.