Jimmy Russo, the Company Chairman of EDOM, has told Corporate Watch that he plans to “resign” from his chairmanship and “actively seek to sell” his 20% shareholding in the Israeli company. His announcement was in reply to questions about new evidence found by Corporate Watch that EDOM UK, the Israeli company (despite the misleading name), is packaging cherry tomatoes in the Israeli settlement of Beit Ha’arava in the occupied Jordan Valley.
EDOM branded products are sold in Sainsburys stores in the UK
Back in 2010 Corporate Watch urged Russo to divest his shares. We wrote:
“To continue to maintain shares in EDOM is to ignore the suffering of those who have lived their entire lives under Israeli apartheid and occupation. The only way to remain ethical in this context is to divest.”
Russo, who is also the director of British company Valley Grown Salads (VGS), made the following “commitments” on 7th February 2013:
“1. I will confirm that I will resign as [EDOM] company chairman with immediate effect as I do not want my company, VGS receiving this constant harassment every year and being involved in political situations which are totally out of my control.
2. I will actively seek to sell my 20% stake holding in the company as the aggravation for no reward is not worth continuing with.”
Russo confirms that VGS will not source goods from the West Bank in the future but says that the company will continue sourcing from EDOM and other companies in Israel.
Russo also pledged to answer questions put to VGS by Corporate Watch and other media outlets.
Corporate Watch has contacted EDOM but has not received a reply. Continue reading