Makhteshim Agan Announces Appointment of Avraham Bigger, Chairman of the Board, as President & CEO.TEL AVIV Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest , Israel -- The Board of Directors of Makhteshim Agan Industries (TASE TASE Tel Aviv Stock Exchange TASE The All Seeing Eye TASE Tactical Air Support Element TASE Thrust Assessment Support Environment TASE Telecontrol Application Service Elements (IEC communications protocol) :MAIN) announced today that its Chairman, Mr. Avraham Bigger, has been appointed President and Chief Executive Officer. The Board has decided, at this stage, on a one year term, during which another President and Chief Executive Officer may be nominated nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. . Mr. Bigger's appointment as President and Chief Executive Officer is subject to shareholder approval. Mr. Shlomo Yanai, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Makhteshim Agan Industries said, "I am about to end four fascinating years as President and Chief Executive Officer, during which sales doubled, net profit tripled and the Company has significantly strengthened its leading position in the agrochemical agrochemical Any chemical used in agriculture, including chemical fertilizers, herbicides, and insecticides. Most are mixtures of two or more chemicals; active ingredients provide the desired effects, and inert ingredients stabilize or preserve the active ingredients or aid industry. I believe that Makhteshim Agan has a strong growth potential and will reach new heights under Mr. Bigger's management. I wish Mr. Bigger much success. Above all, I wish to thank the devoted managers and employees of Makhteshim Agan and express my appreciation for their uncompromising excellence, cooperation and great contribution during our work together." Mr. Avraham Bigger, Makhteshim Agan's incoming President and Chief Executive Officer, said, "I am confident that Makhteshim Agan will continue to be a leading company in the agrochemical market and maintain its growth in the coming years whilst taking on the challenges it faces with a focus on delivering rapid and sustainable improvement in its profitability. I thank the members of the Board for the great trust bestowed on me." Mr. Bigger has a Masters degree in Business Administration from the Hebrew University of Jerusalem Hebrew University of Jerusalem Independent university in Jerusalem, Israel, founded in 1925. The foremost university in Israel, it attracts many Jewish students from abroad; Arab students also attend. . Amongst his other roles, Mr. Bigger served as Chief Executive Officer and a member of the Board of Directors of Paz Oil Company (Israel's largest) and of Israel General Bank (founded by the Rothschild family Rothschild family European banking dynasty. It was founded by Mayer Amschel Rothschild (1744–1812), who started out in a Frankfurt banking house. The family name derived from the red shield (rote Schild) on the house in the Jewish ghetto where Mayer's ancestors lived. ). Today, Mr. Bigger serves as Chairman of the Board of Directors of Supersol (Israel's leading supermarket chain) and the Caesarea Edmund Benjamin de Rothschild Development Corporation. Apart from these two Chairmanships, Mr. Bigger will cease his other business roles outside Makhteshim Agan Industries. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion