Leadership Change at ADAMA to Boost Company Transformation
By: Farms.com
ADAMA Ltd., recently announced a major leadership transition, naming Gaël Hili as its new President and CEO, effective October 1, 2024. This change aligns with a strategic move to strengthen the company's market position and operational effectiveness.
Gaël Hili, an experienced leader in the agricultural sector, will be succeeding Steve Hawkins, who has been pivotal in initiating ADAMA's transformation and will now join Syngenta Crop Protection.
Under Hawkins' leadership, ADAMA has launched a comprehensive transformation plan focused on financial improvement and market repositioning, which Hili is set to advance.
The company's transformation plan, which began in early 2024, targets a three-year goal to enhance profit margins and cash flow.
Key elements of this initiative include optimizing the product portfolio by increasing high-margin products and phasing out less profitable ones.
Additionally, ADAMA aims to refine its operating model to better align with market demands and customer needs, focusing on strategic crop segments and high-value formulations.
Hili's background in the agriculture industry is extensive and includes roles at Dow AgroSciences and Syngenta, where he led significant growth initiatives. His expertise is expected to be crucial in driving ADAMA towards achieving its strategic goals.
The focus will be on maintaining a strong pipeline of differentiated products that add substantial value to customers and optimizing the production network to enhance operational efficiency.
As part of the leadership team, Hili will also join the Syngenta Group Leadership Team and be based in Tel Aviv, where he will work closely with other executives to ensure the seamless implementation of strategic initiatives.
This leadership transition marks a significant step for ADAMA in its ongoing efforts to adapt and thrive in a competitive market.
By leveraging Hili's experience and the foundational work laid by Hawkins, ADAMA is poised to enhance its global footprint and deliver greater value to its stakeholders, including customers, employees, and investors.
The company remains committed to its mission of providing effective solutions to farmers worldwide, ensuring productivity and sustainability in agriculture.