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 future CEO of thyssenkrupp Uhde, Nadja Håkansson, has held various management positions at Siemens and Siemens Energy and looks back on over 18 years of national and international experience in the areas of supply chain management, operations, sales and corporate management.
Neste and South Korean company Lotte Chemical have partnered on a project to elevate the sustainability profile of chemicals and plastics. The partnership’s ambition is to replace fossil resources with renewable raw materials that offer a lower carbon footprint.
At least the confidence in the chemical sector has been seeing an upward trend and the trade balance is recovering as destocking seems to be coming to an end. Citing projections from the European Central Bank, CEFIC states that the level of inflation is expected to fall from 5.4% in 2023 to 2.3% in 2024.
