Ellomay Capital Ltd. announced the untimely passing of Oded Akselrod, a member of the company's board of directors, at the age of 67. Mr. Akselrod, who has served as a director of the company since 2002 and was a member of the company's audit committee and compensation committee, passed away on July 14, 2014. The company's board of directors appointed Anita Leviant to replace Mr. Akselrod as a member of the company's audit committee and compensation committee.