Sadot Group Appoints Chagay Ravid as New CEO to Lead Strategic Initiatives and Business Growth

Sadot Group Inc. has appointed Chagay Ravid as its new CEO, effective May 28, 2025. Ravid brings 15 years of experience in capital markets, having led the most active mid-market investment bank in Israel, with over $10 billion in transaction values. He will lead Sadot's strategic initiatives, global operations, and business growth efforts, leveraging his technology background to identify opportunities compatible with Sadot's core commodities business.

Sadot Group Inc. (Nasdaq:SDOT) has appointed Chagay Ravid as its new Chief Executive Officer, effective May 28, 2025. Ravid brings 15 years of experience in capital markets, having led the most active mid-market investment bank in Israel, with over $10 billion in transaction values. He will lead Sadot's strategic initiatives, global operations, and business growth efforts, leveraging his technology background to identify opportunities compatible with Sadot's core commodities business.

Mr. Ravid's extensive experience includes leading Cukierman, an investment bank in Israel, where he managed over $10 billion in transactions. Notably, he was involved in the investment of Mobileye, which was later acquired by Intel for $15 billion in 2017. More recently, as CFO of Seamless Group, he successfully guided the company through a SPAC merger to a Nasdaq listing. His appointment at Sadot Group is expected to bring a unique blend of technology and finance expertise to the company.

Stephen Spanos, Sadot Group Board Member and Chair of the Audit Committee, commented, "Chagay's experience in both technology and finance brings a unique combination of skills to Sadot that go beyond the commodity trades and food supply chain business. Sadot has extensive experience in global commodity trading and the overall food supply chain, and bringing in Chagay adds a new approach and skillset that the company should benefit from moving forward."

Mr. Ravid, who holds a bachelor's degree from Hebrew University and a master's degree from Rutgers University, will leverage his technology background to explore AI and tech opportunities connected to commodities, aiming to help the company grow in multiple ways. David Hanna, previously designated as Interim CEO, will continue leading Sadot Canada and assist in global trade operations.

Sadot Group Inc. has rapidly established itself as an emerging player in the global food supply chain, providing innovative and sustainable supply chain solutions that address the world's growing food security challenges. The company 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. Sadot Group connects producers and consumers across the globe, sourcing agri-commodity products from producing geographies such as the Americas, Africa, and the Black Sea and delivering to markets in Southeast Asia, China, and the Middle East/North Africa region. The company is headquartered in Burleson, Texas, with subsidiary operations throughout the United States, Brazil, Canada, Colombia, India, Israel, Singapore, Ukraine, United Arab Emirates, South Korea, and Zambia.

References:
[1] https://www.accessnewswire.com/newsroom/en/business-and-professional-services/sadot-group-inc.-announces-appointment-of-chagay-ravid-as-new-ch-1033399
[2] https://www.stocktitan.net/news/SDOT/sadot-group-inc-announces-appointment-of-chagay-ravid-as-new-chief-sdprhpzy5dms.html
[3] https://www.nasdaq.com/press-release/sadot-group-inc-announces-appointment-chagay-ravid-new-chief-executive-officer-2025