This announcement follows the decision of LycoRed’s current CEO, Morris Zelkha, to step down after more than 20 years as CEO. Zelkha will continue to act as advisor to the new CEO.
This change is part of a broader set of organisational changes announced by Chen Lichtenstein, Adama president and CEO.
“Adama views LycoRed as an important component in its overall strategy to lead by delivering effective and reliable nutritional solutions,” said Lichtenstein. “We see great potential in LycoRed’s strong foundations in areas of science, operations and market reach that will allow us to further enhance our nutrition activities. We’re grateful to Morris for his significant contribution in building a growth-driven organisation with strong global capabilities and reputation. Morris is an outstanding professional, with outstanding business insight, and we look forward to his guidance as Rony and the LycoRed team continue to expand on his foundation.”
© FoodBev Media Ltd 2024