Agrochemicals company Adama Agricultural Solutions Ltd. (formerly Makhteshim Agan) has appointed deputy CEO Chen Lichtenstein as its new president and CEO. He will take up office on February 7, 2014, succeeding Erez Vigodman, who has been appointed president and CEO of Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA).
Lichtenstein (46) joined Adama in 2006. His most recent position was deputy CEO in charge of China integration and president and CEO of China National Agrochemical Corporation, strategic business division of Adama's parent company, the China National Chemical Corporation (ChemChina) ("CNAC"). Prior to that, Lichtenstein established and ran the Company’s Global Resources Division, integrating all global operations including manufacturing, supply chain, procurement and R&D.
Adama chairman Yang Xingqiang said, “The appointment of Chen as CEO comes as Adama continues its growth from a leader in off-patent agrochemical products to becoming a global company that simplifies the life of farmers. Chen is uniquely qualified to lead Adama through its next phase of growth, having been a key member of the close-knit team that directed the company’s business transformation over the past several years.
Lichtenstein said. “2014 will be an important year for our organization as we roll out our new global brand, and increase the integration of our business with ChemChina."
Published by Globes [online], Israel business news - www.globes-online.com - on February 2, 2014
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