Holde Agri Invest appoints Daniel Adam as Chief Financial Officer

11 January 2024

Holde Agri Invest appoints Daniel Adam as Chief Financial Officer

Holde Agri Invest SA, one of the largest farmland operators in Romania, announces the appointment of Daniel Adam as Group Chief Financial Officer (CFO). The appointment of Daniel Adam as CFO follows the decision of Adrian Pirciu, who previously held this position, to focus on other professional initiatives. The change at the CFO level will take effect as of February 1, 2024.

We are delighted to welcome Daniel Adam to the Holde team. His extensive experience and the fact that he is already familiar with Holde’s operations, having been with us for the past nine months as a consultant, have positioned him as an ideal candidate for his new role as the company’s CFO. I am confident that together we will continue the ambitious development path of Holde Agri Invest in the coming years. At the same time, we would like to thank Adrian for his professionalism throughout his tenure, during which he has contributed to the development of the company and the digitalization of several internal processes,” stated Liviu Zagan, CEO of Holde Agri Invest.

Daniel Adam is an executive with over 20 years of experience in the financial and operational fields. Throughout his career, he has held various management positions at EDS Group (Euro-Druckservice GmbH), both at the group and Romanian subsidiary levels, World Class and Infopress, contributing to the optimization of the companies’ financial and business processes.

I am glad that this collaboration with Holde is moving to the next level. I am convinced that the experience I have gained over the past months as a consultant will facilitate the process of adapting to the company’s current business. One of the deciding factors that contributed to the transition to this new position is Holde’s growth prospects in the coming years, so together with the rest of the team, we will work to capitalize on this potential,” stated Daniel Adam, CFO of Holde Agri Invest.

As CFO of Holde Agri Invest, Daniel Adam will be responsible for coordinating the activity of the financial department and implementing the group’s financial strategy. Additionally, together with the management team, he will contribute to securing financing through the capital market and to the process regarding the transfer of HAI shares to the Main Market of the Bucharest Stock Exchange.

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About Holde Agri Invest

Holde Agri Invest is a company initiated by a group of Romanian entrepreneurs with the objective of developing it to become a leader in the field of agriculture in Romania. Founded in 2018, the company operates over 13,700 hectares of farmland, organized into four cores – Rosiori farm located in Rosiori de Vede (Teleorman county), Frumusani (Calarași county), Videle (Teleorman county) and Contesti (Dambovita county). As of October 2020, Holde Agri Invest is a public company listed on the AeRO market of the Bucharest Stock Exchange with the symbol HAI. As of October 2021, the company is included in the BET-AeRO index of BVB, having the second largest weight.