Monsanto Company said that its chairman and chief executive officer (CEO) Hugh Grant has intent to leave the company upon closing of Bayer AG acquisition.
Bayer continues to target closing in the second calendar quarter of 2018.
He is leading Monsanto as chairman and CEO since 2003. Over his 35-year tenure with the company, he has worked for Monsanto on three continents, managing key elements of the global business and helping to diversify the company’s products and solutions for growers.
In addition, Hugh Grant, several members of the Monsanto executive team also announced that they will be departing shortly after closing. Each will stay with the company for a period of time following closing to help support a successful transition with Bayer.
Executive team members departing after closing include chief financial officer Pierre Courduroux, chief technology officer Dr Robert Fraley, chief of staff and community relations Janet Holloway, chief human resources officer Steven Mizell, chief strategy officer Kerry Preete, controller Nicole Ringenberg, and secretary and general counsel David Snively.
Current Monsanto executives who will transition to become members of the crop science executive leadership team at Bayer once the deal is closed include Monsanto president and chief operating officer Brett Begemann, climate chief executive officer Dr Michael Stern, Monsanto chief information officer James Swanson, Monsanto technology integration lead Dr Robert Reiter and Monsanto global supply chain and commercial operations lead Jesus Madrazo
Monsanto Company said that its chairman and chief executive officer (CEO) Hugh Grant has intent to leave the company upon closing of Bayer AG acquisition.
Bayer continues to target closing in the second calendar quarter of 2018.
He is leading Monsanto as chairman and CEO since 2003. Over his 35-year tenure with the company, he has worked for Monsanto on three continents, managing key elements of the global business and helping to diversify the company’s products and solutions for growers.
In addition, Hugh Grant, several members of the Monsanto executive team also announced that they will be departing shortly after closing. Each will stay with the company for a period of time following closing to help support a successful transition with Bayer.
Executive team members departing after closing include chief financial officer Pierre Courduroux, chief technology officer Dr Robert Fraley, chief of staff and community relations Janet Holloway, chief human resources officer Steven Mizell, chief strategy officer Kerry Preete, controller Nicole Ringenberg, and secretary and general counsel David Snively.
Current Monsanto executives who will transition to become members of the crop science executive leadership team at Bayer once the deal is closed include Monsanto president and chief operating officer Brett Begemann, climate chief executive officer Dr Michael Stern, Monsanto chief information officer James Swanson, Monsanto technology integration lead Dr Robert Reiter and Monsanto global supply chain and commercial operations lead Jesus Madrazo
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