TEL AVIV, Israel–(BUSINESS WIRE)– CL (NYSE: TASE 🙂 (TASE: ICL)the world's leading specialty minerals company, today announced its Board of Directors has approved the appointment of Elad Aharonson as ICL's new president and chief executive officer, effective March 13, 2025. He will succeed Raviv Zoller who will work with Aharonson to ensure a smooth transition. and orderly transition.
Elad Aharonson has been part of ICL for almost four years, serving as president of ICL's Growing Solutions business since April 2021. During his tenure, he led the development of ICL's specialty fertilizer solutions and the expansion of these product offerings into new areas. , by both natural and acquired efforts. His significant achievements reflect outstanding leadership and deep commitment to ICL's mission and values.
Prior to joining ICL, Aharonson worked at Elbit Systems (NASDAQ:) Ltd. for about 16 years and held various senior management positions, including as vice president and general manager of the ISTAR Division. He also serves as vice president and general manager of Elbit's UAS Division. During his tenure with the company, Aharonson contributed to its unprecedented growth in both domestic and international markets.
“The ICL Board of Directors is convinced that Elad is the most suitable person to head ICL, as his years of service at ICL have been marked by excellent leadership and efficiency,” said Yoav Doppelt, executive chairman of the ICL Board of Directors. understanding the business and value of ICL, and a clear vision of the future of the company. We are confident that his leadership will continue to advance ICL's strategy to significantly expand its unique product offering, driven by delivering exceptional value to its customers, and to translate megatrends into new businesses.
Additionally, on behalf of the Board of Directors and the entire ICL team, I want to personally thank Raviv for his dedicated leadership and successful contribution to ICL, concluded Doppelt.
“I am honored and excited to be chosen to lead ICL and to expand on the strong foundation ICL has built over the past few years,” said Elad Aharonson. I look forward to working with our talented team to continue to serve our customers, by developing a new product portfolio pipeline, and delivering value to all stakeholders.
About ICL
ICL Group is a leading global specialty minerals company, creating impactful solutions to societal sustainability challenges in the food, agriculture and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its global workforce, and its sustainable R&D and technology innovation capabilities, to drive the company's growth in all its end markets. ICL's shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs more than 12,000 people worldwide, and its 2023 revenue totals approximately $7.5 billion.
For more information, visit ICL's website at icl-group.com.
To access ICL's interactive CSR report, visit icl-group-sustainability.com.
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Forward-Looking Statements
This announcement contains statements that constitute forward-looking statements, many of which can be identified by the use of forward-looking words such as estimate, believe, expect, should, plan, plan, anticipate, anticipate and may, among others.
Forward-looking statements appear in this press release and include, but are not limited to, statements about the company's intent, belief or current expectations. Forward-looking statements are based on management's beliefs and assumptions and on management's current information. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in forward-looking statements due to various factors, including, but not limited to: estimates, estimates and statements about management's expectations in this regard. , among other things, business and financial opportunities, financial frequency and growth estimates, future trends, plans, strategies, positioning, goals and expectations, general economy, market and business. conditions, supply chain and logistics disruptions, energy storage and electric vehicle growth, the possibility of various new developments of COVID-19, global upheavals and conflicts, government needs and regulation and actions by government authorities, including changes in government policy, environmental changes, taxation . and other laws or regulations and their interpretation, as well as war or acts of terror and / or political, economic and military instability in Israel and its territory, including the current state of war declared in Israel and any resulting disturbances. in our supply chain and production. Because of the foregoing, readers should not place undue reliance on the forward-looking statements contained in this press release regarding the timing of the transaction, or other additional risks and uncertainties facing ICL, such as those described in the Risk Matters section. of its Annual Report on Form 20-F filed on March 14, 2024, as such risk factors may be updated from time to time in its Current Reports. on Form 6-K and other filings ICL makes with the US Securities and Exchange Commission from time to time.
Forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update them as a result of new information or future developments or to publicly issue any updates to these statements to reflect subsequent events or circumstances. to reflect the occurrence of unexpected events.
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Investor and click Contact “Global
Peggy Reilly Tharp
VP, Global Investor Relations
+1-314-983-7665
Peggy.ReillyTharp@icl-group.com
Investor and Press Contact – Israel
Adi Bajayo
ICL spokesperson
+ 972-3-6844459
Adi.Bajayo@icl-group.com
Source: ICL Group LTD