Face of GMOs at Monsanto to Step Down as Bayer Takeover Closes
- Monsanto’s scientific leader Fraley will leave after takeover
- Fraley helped invent GMO seeds that Monsanto is known for
This article is for subscribers only.
It’s the end of an era at Monsanto Co. after executives including the seed giant’s scientific leader Robb Fraley announced plans to depart after the company’s takeover by Germany’s Bayer AG.
Fraley will depart “shortly after closing” on the Bayer deal, following a transition period, Monsanto said Monday in a statement. He has been at Monsanto for more than three decades and helped to invent genetically modified seeds, the company’s controversial technology that has come to define modern agriculture. The $66 billion takeover by Germany’s Bayer is expected to close during the current quarter.