The board of directors of Netafim is pleased to announce the appointment of Ran Maidan to CEO. Maidan is replacing Igal Aisenberg, who gave notice of his retirement after a 25-year career with the company. Maidan will start his new role on May 15 after concluding his obligations at Makhteshim.
Maidan, 43 and married with 3 children, is the current CEO of Makhteshim Agan for Asia Pacific & Africa. The company’s revenues in this region more than doubled and sales margins improved significantly during Maidan’s term. From 2006 to 2010 Maidan served as Makhteshim Agan’s CFO. Before joining Makhteshim, Maidan served as CFO in Koor Industries, CFO in Elisra Electronic Systems, and Audit Manager at Somech Haykin KPMG. Maidan is an accountant with a BA in economics and accounting (with honors) and an MBA (in finance) from Bar Ilan University.
Netafim is the world’s leading company in the field of drip irrigation technology designed to increase agricultural production ensuring maximum soil fertility and water conservation. The company 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 is the clear market leader with c.30% share of the global market. Netafim is a high-growth potential company as its areas of operations closely align with global trends of water and soil conservation, energy efficiency, and alternative energy sources.