Monsanto Company Names Brett Begemann as President and Chief Operating Officer, and Expands His Oversight of Global Business

  Monsanto Company Names Brett Begemann as President and Chief Operating
  Officer, and Expands His Oversight of Global Business Operations

Business Wire

ST. LOUIS -- October 23, 2013

Monsanto Company (NYSE: MON) today announced that its Board of Directors is
expanding Brett Begemann’s oversight for the company’s global commercial
operations and that he will now be named to serve as the company’s President
and Chief Operating Officer effective immediately. Begemann most recently
served as the company’s President and Chief Commercial Officer. In his
expanded role, Begemann will lead the global business organization with a
continued focus on the company’s growth areas.

Hugh Grant will continue to serve as the Chairman and Chief Executive Officer
for Monsanto Company, where he maintains ongoing responsibility for leading
the company’s long-term corporate strategy, as well as setting direction for
the Fortune 200 company. Grant will continue to focus on the delivery of
strategic plans for the organization, including the company’s long-term
vision– a vision that is focused on producing more, conserving more and
improving the lives of people throughout the world.

“Brett has repeatedly demonstrated his strength in strategic planning,
operational excellence, and delivering strong financial performance throughout
his career at Monsanto,” said Grant. “Brett’s leadership will continue to play
an important role as we look to accelerate the growth potential of our
business and expand our operations into new areas and regions.”

In announcing his expanded role, Monsanto noted that Begemann will continue to
be responsible for the company’s worldwide sales and operations, and will also
expand his responsibilities to oversee corporate affairs – including the
company’s ongoing engagements with farmers, stakeholders and society.

Begemann will continue to lead the global commercial business including
overseeing the commercial, manufacturing and supply chain operations in row
crops, vegetables and crop protection. This includes overseeing the company’s
new areas of growth, including in established markets and new markets, as well
as in new areas of innovation such as Integrated Farming Systems and Ag
Biologicals.

“I’m honored to assume this expanded role and focus on scaling our operations
to reach more farmers around the world with new product offerings,” said
Begemann. “Throughout my career at Monsanto, I’ve seen our business transform
from an agriculture company focused on biotechnology to one that is built
around breeding, biotechnology and agronomic improvements for the farm. I look
forward to continuing to expand our product offerings for farmers through the
introduction of a next-generation of industry-leading agriculture
innovations.”

Begemann joined the former Monsanto Company in 1983. Throughout his career,
Begemann has served in a variety of roles across sales, marketing, commercial
development as well as senior management positions worldwide. Begemann will
continue to report to Monsanto’s Chairman and Chief Executive Officer, Hugh
Grant, and serve as a member of Monsanto’s executive leadership team.

About Monsanto Company

Monsanto Company is a leading global provider of technology-based solutions
and agricultural products that improve farm productivity and food quality.
Monsanto remains focused on enabling both small-holder and large-scale farmers
to produce more from their land while conserving more of our world's natural
resources such as water and energy. To learn more about our business and our
commitments, please visit: www.monsanto.com. Follow our business on Twitter^®
at www.twitter.com/MonsantoCo, on the company blog, Beyond the Rows at
www.monsantoblog.com, or subscribe to our News Release RSS Feed.

Contact:

Monsanto Company
Lee Quarles, 314-694-6397
 
Press spacebar to pause and continue. Press esc to stop.