ADAMA Names Chen Lichtenstein as President and CEO
3 February 2014 
Chen Lichtenstein
ADAMA, formerly Makhteshim Agan, said it named Chen Lichtenstein as its new president and chief executive officer, effective Feb. 7, 2014.
Lichtenstein, the company’s deputy CEO, has served in broad managerial roles during the past eight years. He most recently led Makhteshim Agan’s China integration and was appointed as president and CEO of ADAMA’s parent company, CNAC.
Yang Xingqiang, ADAMA’s chairman: “In his new role, Chen will leverage his extensive familiarity of global capital markets as we prepare for IPO. I am confident that Chen will bring to bear his exceptional executive and transformation capabilities, which will advance ADAMA’s strong growth trajectory.” Xingqiang added, “Chen has demonstrated outstanding leadership as president and CEO of CNAC – ADAMA’s parent company – displaying exceptional management of the integration process between the two companies. This, together with his vast experience heading the global operations and corporate development activities at ADAMA, make him the ideal candidate to lead our organization.”
Lichtenstein joined ADAMA in 2006 and most recently served as its deputy CEO in charge of China Integration, as well as president and CEO of ChemChina’s strategic business division – China National Agrochemical Corporation. 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. Earlier in his career he headed ADAMA’s corporate development and capital markets activities.
Before joining ADAMA Lichtenstein served as executive director of Investment Banking at Goldman Sachs in New York and London. He holds joint doctoral degrees from Stanford University’s Graduate School of Business and School of Law, and B.Sc. (Physics) and LL.B. from the Hebrew University of Jerusalem.
“I am happy with what ADAMA has been able to accomplish in the past several years, and am grateful for having the opportunity to lead this remarkable group,” 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. I look forward to working closely with ADAMA’s excellent management team and professional and determined employees building on our strong foundation to make the most of the exciting opportunities we have.”
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