Sector News

Syngenta names Univar's Erik Fyrwald as new CEO

May 4, 2016
Chemical Value Chain

Swiss seed and pesticide company Syngenta AG (STY) said Wednesday that it has appointed Erik Fyrwald as chief executive, effective June 1.

Mr. Fyrwald is currently President and CEO of Univar Inc.,, a U.S. chemical distribution company. He will succeed John Ramsay, who has been Syngenta’s interim CEO since November 2015.

“I have admired Syngenta from the outside for many years and am delighted, therefore, to have been chosen to lead the company in the next exciting phase of its journey,” Mr. Fyrwald said in a statement released by Syngenta.

In February, Syngenta agreed to be acquired by China National Chemical Corp., as ChemChina is formally known, for $43 billion in cash.

By Brian Blackstone

Source: MarketWatch

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