Board and committee matters allows the CEO to focus more specifically on overseeing the Company’s day-today operations as well as strategic opportunities and planning. Ormat’s Board of Directors members have relevant education and professional experience in the following areas and regarding the following topics: economics, business, banking, construction, infrastructure, renewable energy, telecommunications, international law, regulatory compliance, and governance matters.58 As Ormat’s delegating authority, the Board of Directors assigns responsibilities for economic, environmental and social topics to various senior executives according to the relevance of the topic to the nature of their role.