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Syngenta CEO Appoints New Finance Chief Ahead of China Takeover

  • Swiss agrochemical maker names commercial finance head as CFO
  • CEO Fyrwald working on a strategic growth plan for Syngenta
Updated on

Syngenta AG Chief Executive Officer Erik Fyrwald appointed a new head of finance as he works to complete a new strategic plan for the world’s largest agrochemical company, soon to be acquired by state-owned China National Chemical Corp. for $43 billion.

Mark Patrick, who has been with the company for 23 years, will replace Chief Financial Officer John Ramsay, who has decided to step down at the end of September, the Basel-based company said in a statement on Wednesday. Fyrwald, who took the helm at Syngenta in June, is refining a plan for the company as it prepares for Chinese ownership, according to people familiar with the situation.