Swiss seed and pesticide company Syngenta AG said Wednesday that longtime chief financial officer John Ramsay will retire at the end of September.
He will be succeeded by Mark Patrick, who currently heads commercial finance for the company.
Mr. Ramsay also served as the company’s interim chief executive officer until June. In that role, “he guided the company through a period of uncertainty with great skill and judgment and was central to the transaction agreement with ChemChina,” said current CEO Erik Fyrwald.
In February, Syngenta agreed to be purchased by government-owned China National Chemical Corp., commonly known as ChemChina, in a deal worth $43 billion.
By Brian Blackstone
Source: MarketWatch
The US State of New York is introducing two new bills to combat over-packaging, poor recycling rates and litter issues, including an Extended Producer Responsibility (EPR) program requiring companies such as McDonald’s and Amazon to pay for the cost of packaging disposal and recycling.
The new organization’s mission is to redesign the critical steps of the plastics sorting and recycling system for post-consumer lightweight packaging (LWP) to speed up circularity, born from a need to meet the rising market demand for high-quality recyclates for use in high-end plastic applications.
Starbucks and Hubbub have launched a £1 million (US$1.22 million) “Bring It Back Fund” to increase the uptake of reusable packaging in the F&B industry. The funding will go toward innovative ideas that make it easier for customers to use alternatives to single-use packaging by supporting pilot projects that help shift consumption habits.