Israeli-based recirculating aquaculture system (RAS) equipment supplier, AquaMaof announced a leadership transition on Wednesday with Eli Amar taking the helm as the new CEO. Amar succeeds David Hazut, who held the top position for 13 years.
Amar, who has been with AquaMaof for the past four years, previously held the title of vice president of strategy and finance. Before his tenure at AquaMaof, Amar had significant roles in the financial sector, having worked at Israel’s Adama Agricultural Solutions, and New York-based investment firm Bear Stearns & Co, where he played a part in several key merger and acquisition (M&A) transactions.
David Hazut, under whose leadership the company has seen significant growth, will transition to the role of chairman for AquaMaof.
The changes come at a pivotal time for the RAS industry, with increasing demand for sustainable aquaculture solutions globally.
