Syngenta Management Overhaul Deepens With Exit of Two Executivesby
CEO replaces corporate affairs, human resources managers
Changes follow Wednesday’s announcement of new finance chief
Syngenta AG Chief Executive Officer Erik Fyrwald deepened a management reshuffle at the Swiss agrochemicals maker ahead of a planned takeover by China National Chemical Corp. with two more executive changes coming just a day after the departure of the top finance chief.
Jonathan Seabrook is stepping down as head of corporate affairs after more than 13 years with the company, to be replaced by Mark Titterington, the Basel-based pesticides maker said in a statement Thursday. Laure Roberts has been appointed human resources head, filling a gap left by the departure of Caroline Luscombe at the end of June. These changes followed Wednesday’s announcement that 23-year insider Mark Patrick will succeed John Ramsay as CFO.
The moves highlight a bigger shakeup at Syngenta as it prepares for life under ChemChina, the suitor whose $43 billion bid for the Swiss company clinched a deal amid an unprecedented wave of consolidation within the industry. Fyrwald, who took the helm in June, is refining a plan for growth, people familiar with the situation have said. Until now, Syngenta has seen relatively few executive changes over the years.