ICL announces appointment of Elad Aharonson as New President and Chief Executive Officer

Date:12-24-2024

ICL ( NYSE: ICL) (TASE: ICL ) , a leading global specialty minerals company, announced its Board of Directors has approved the appointment of Elad Aharonson as ICL’s new president and chief executive officer, effective March 13, 2025. He will succeed Raviv Zoller who will work with Aharonson to ensure a smooth and orderly transition.

Elad Aharonson has been an integral part of ICL for nearly four years, serving as president of ICL’s Growing Solutions business since April of 2021. During his tenure, he led the development of ICL's specialty fertilizer solutions and the expansion of these product offerings into new territories, through both organic efforts and via acquisitions. His significant achievements demonstrate exceptional leadership and a deep commitment to ICL’s mission and values.

Prior to joining ICL, Aharonson served at Elbit Systems Ltd. for approximately 16 years and held various senior management positions, including as executive vice president and general manager of the ISTAR Division. He also served as executive vice president and general manager of Elbit’s UAS Division. During his tenure with that company, Aharonson contributed to its unprecedented growth in both local and international markets.

″ICL’s Board of Directors has confidence that Elad is the right person to head ICL, as his years of service to ICL have been marked by outstanding leadership and performance," said Yoav Doppelt, executive chairman of ICL’s Board of Directors. "Elad has a profound understanding of ICL’s business and values, as well as a clear vision for the company’s future. We are certain that his leadership will continue to drive ICL’s strategy to significantly increase its specialty product offerings, driven by delivering unique value to its customers, and by translating megatrends into innovative businesses.″

″Additionally, on behalf of the Board of Directors and the entire ICL team, I want to personally thank Raviv for his dedicated leadership and successful contributions to ICL,″ concluded Doppelt.

"I am honored and enthusiastic to have been chosen to lead ICL and to expand upon the strong foundation ICL created in the last few years,″ said Elad Aharonson. ″I am looking forward to working with our talented team to continue to serve our customers, by developing our innovative product portfolio pipeline, and to deliver value to all our stakeholders.″