Chelouche began working for Scitex Corporation, a world leader in digital imaging and printing systems, in 1979, serving as VP of Marketing and Business Development. In 1995, he replaced Avi Rosenfeld as CEO,[9][10]
Serving in this position until 2001.[11][12][13]
During his tenure, the company had 4,000 employees and annual sales of over $700 million.[14][2]
Chelouche devoted himself to establishing ties with the Asian market and helped to increase his company's market share worldwide.[15][16]
In 2000, Scitex sold its digital pre-press operations to Creo of Canada in a share deal worth $500 million.[17]
After leaving Scitex, Chelouche became president of Fantine Capital, a company that helped Israeli companies break into the European markets.[18] In 2012-2015, he was co-chairman of Israel Advanced Technology Industries (IATI).[19] He is on the board of directors of the Tel Aviv Stock Exchange (TASE), Tower Semiconductor (Towerjazz) [3] and Check Point Software Technologies.[4]
Chelouche has been managing partner of Venture Capital firm Aviv Venture Capital (formerly Fantine Europe Funds) since its inception in 2001, leading it with his cofounder Amir Guttman. Their first portfolio company, Actona Technologies, was sold to Cisco Systems for $100 million.[20] Aviv's portfolio companies include MGVA, ScaleMP and Optimal Test.[3] Another portfolio company, Briefcam,[21] sold its surveillance technology to Canon Inc. in May 2018 for $90 million.[22] Aviv has also invested in Orcam, a Jerusalem start-up developed by the founders of Mobileye, that allows visually impaired people to understand text and identify objects through audio feedback, using computer vision and a miniature camera attached to any eyeglasses.[23] In 2018, it was estimated that the company is worth more than $1 Billion Dollars.[24]
Public activism
Chelouche is chairman of Ta'asiyeda, an educational initiative of the Manufacturers Association of Israel[25] that exposes young people to the world of industry and technology.[26]
Awards and recognition
Chelouche won the Henry Ford Prize for first in class at INSEAD.[2] In January 2010 he was named by INSEAD as "one of 50 alumni who changed the world."[27]
^
Hoover's Guide to Computer Companies, Reference Press, 1996, p. 192.
^
Professor Tamar Almor, College of Management, Israel,
Scitex: A Company at a Crossroads, Journal of Business Case Studies, Second Quarter 2006, vol. 2. no. 2.,