JERUSALEM Feb 19 Netafim, an Israeli maker of
drip irrigation products, said on Wednesday it named Ran Maidan
as chief executive officer, effective May 15.
Maidan, currently head of Asia-Pacific and Africa at Adama
Agricultural Solutions, will replace Igal Aisenberg, who is
retiring after 25 years at Netafim.
Maidan previously served as chief financial officer at
conglomerate Koor Industries, which holds a 40 percent
stake in Adama, until recently called MA Industries.
Netafim has over 4,000 employees in 16 factories located in
11 countries, with 30 subsidiaries and local offices in more
than 110 countries around the world. The company holds a global
market share of about 30 percent.
Europe's Permira funds own 61 percent of Netafim.
(Reporting by Steven Scheer)