Sadot Group Appoints Chagay Ravid as CEO, Bringing Technology and Finance Expertise to Commodity Trading Business

Sadot Group Inc. has appointed Chagay Ravid as its new CEO, effective May 28, 2025. Ravid brings experience in capital markets and technology, having led the most active mid-market investment bank in Israel and worked on $10 billion transactions. He joins Seamless Group as CFO and will leverage his tech background to identify opportunities compatible with Sadot's core commodities business. The appointment aims to bring a new approach and skillset to the company.

Sadot Group Inc. (Nasdaq: SDOT) has appointed Chagay Ravid as its new Chief Executive Officer, effective May 28, 2025. Ravid brings a wealth of experience in capital markets and technology, having led the most active mid-market investment bank in Israel for 15 years. He was instrumental in over $10 billion in transaction values, predominantly tech-driven and across various continents. Notably, he led the Cukierman PE Fund's investment in Mobileye, which was acquired by Intel for $15 billion in 2017. Prior to joining Sadot Group, Ravid served as CFO at Seamless Group, guiding the company through its de-spac process and culminating in a Nasdaq listing [1].

Ravid's appointment aims to bring a new approach and skillset to Sadot Group, which specializes in global food supply chain solutions. His background in technology and finance will help identify opportunities that align with Sadot's core commodities business. Stephen Spanos, Sadot Group Board Member and Chair of the Audit Committee, highlighted Ravid's unique combination of skills, noting that "Sadot has extensive experience in global commodity trading and the overall food supply chain, bringing in Chagay adds a new approach and skillset that the company should benefit from moving forward" [1].

Mr. David Hanna, who was to become the Interim Chief Executive Officer, will remain with the company and lead the Sadot Canada subsidiary and assist in global trade operations. Ravid holds a bachelor's degree from Hebrew University and a master's degree from Rutgers University [1].

Sadot Group Inc. operates within key verticals of the global food supply chain, including global agri-commodity origination and trading operations for food/feed products such as soybean meal, wheat, and corn, and farm operations producing grains and tree crops in Southern Africa. The company connects producers and consumers across the globe, sourcing agri-commodity products from various regions and delivering them to markets in Southeast Asia, China, and the Middle East/North Africa region. With headquarters in Burleson, Texas, Sadot Group has subsidiary operations throughout the United States, Brazil, Canada, Colombia, India, Israel, Singapore, Ukraine, United Arab Emirates, South Korea, and Zambia [1].

The appointment of Chagay Ravid as CEO marks a strategic move for Sadot Group, positioning the company to leverage advancements in technology to enhance its commodity trading and food supply chain operations. Ravid's experience in M&A activities, cross-border transactions, and financial planning & analysis will be crucial in driving the company's growth and innovation [1].

References:
[1] https://www.morningstar.com/news/accesswire/1033399msn/sadot-group-inc-announces-appointment-of-chagay-ravid-as-new-chief-executive-officer