Corteva, Inc. (NYSE: CTVA) today announced that Rajan Gajaria, who has served as Corteva’s Executive Vice President of Business Platforms since 2019, will retire from the company effective February 18, 2022. Mr. Gajaria’s direct reports will report to Tim Glenn, Executive Vice President, or Sam Eathington, Senior Vice President, on an interim basis.
“Rajan made enormous contributions to the formation and development of Corteva, and we will always be grateful,” said Chuck Magro, Chief Executive Officer. “Over his long career he developed respect among our customers and colleagues around the world. We look forward to building on the solid foundation he helped to establish, and we wish him all the best in his future endeavors.”
The company also announced that it will designate its existing Indianapolis, Indiana site as its global headquarters. The change will be effective immediately.
“In today’s flexible world of work, we have seen clear proof that our dedicated employees can be productive wherever they are. Designating our Indianapolis location as the Corteva headquarters brings us closer to our operations, our technology, and our customers, while optimizing our flexibility,” said Magro.
Rajan Gajaria Bio
As Executive Vice President of Business Platforms at Corteva Agriscience, Gajaria has been responsible for shaping the global business strategy, defining capital and R&D investment priorities, as well as overseeing the supply chain for Corteva Agriscience’s Crop Protection, Seeds, and Digital businesses around the world. Most recently, he served as Vice President, Crop Protection Business Platform. His career spans several decades, continents and functions as he helps build the business and advocate for modern agriculture.
By Corteva, Press Release
Source: corteva.com
3M and Dow have announced they are cutting thousands of roles from their global workforces in response to economic pressures. Dow has said it will cut 2,000 jobs across its global workforce (around 5%) in a bid to save US$1bn in 2023. The company says it will also cut costs by shutting down “select assets”, though it did not note where it would halt operations.
Sweden’s state mining firm has discovered what could be Europe’s largest rare earths deposit, and says it could help the bloc reduce its reliance on imports of minerals needed to manufacture clean technologies and meet climate targets.
Henkel and Avantium have been partners since 2019, when Henkel joined the PEFerence consortium. This consortium of partners, coordinated by Avantium, aims to establish an innovative supply chain for FDCA and PEF (polyethylene furanoate).
