Sector News

Syngenta CFO John Ramsay to retire

September 7, 2016
Chemical Value Chain

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

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