After more than 13 years in the role of CEO, Hazut will now, like Amar, lead the company's strategy from their new positions in a different way.
Eli Amar, the incoming CEO, has served as the Vice President of Strategy and Finance at AquaMaof for the past four years. However, he brings over 15 years of experience in corporate development and mergers and acquisitions.
Among the names in his portfolio is Adama Agriculture Solutions, where he played a key role in multiple high-profile transactions, including the USD 3.7 billion (EUR 3.5 billion) merger with ChemChina. He also worked in investment banking at Bear Stearns & Co. in New York, where he was involved in several crucial merger and acquisition deals on Wall Street.
This profile undoubtedly ensures that Hazu's excellent work at the company will continue over the years, as during his tenure, AquaMaof established its position as a global leader in RAS (Recirculating Aquaculture System) technology. These years saw the company successfully collaborate on various projects with industry-leading companies from North America through Europe to Asia.
"This is an exciting moment for AquaMaof, and I'm sure that under Eli's leadership, the company will break through to new records and achievements. As one of the company's founders and the new Chairman of the board, I have full confidence in Eli, and together with the great management and employees of AquaMaof, the company will reach remarkable achievements," said Hazu.
"AquaMaof has undergone great change and development in recent years, led by my predecessor, David," said Amar. "Along with the whole AquaMaof group, I would like to express my gratitude for his hard work, dedication and achievement of bringing AquaMaof to its current worldwide leading position. I wish David much luck in his new role as the Chairman of the company's Board, and know that we will be working harmoniously together to spread the company's message to the world. As David hands the baton to me, I look forward to leveraging AquaMaof's core competencies and competitive advantage to further drive the company's development, and execute a new long-term strategy that will establish its leadership position in reshaping the aquaculture industry."
AquaMaof Aquaculture Technologies specializes in Recirculating Aquaculture System (RAS) technology for land-based aquaculture. With over 30 years of combined experience the company's team of technology and aquaculture experts offers comprehensive solutions. From initial concept to operational facilities and ongoing support, AquaMaof's cutting-edge RAS technology has a proven track record of success.