Syngenta chief executive officer and executive director Mike Mack recently informed the company’s board of directors of his intention to step down after 14 years. The board accepted Mike’s decision, which will be effective at the end of October 2015.
“I believe that this is an appropriate time for the company to benefit from the perspectives of a new leader,” Mack said. “I would like to express my appreciation to colleagues, customers and the many partners around the world with whom I have worked over the past 14 years. Syngenta is a great company with outstanding prospects as the only truly integrated global player in the industry.”
While the current market conditions are challenging, Mack said he is confident that the strength of the company’s products, promising pipeline, and talented people will deliver significant value in the years ahead.
“On behalf of the board, I should like to thank Mike for his very significant contribution to Syngenta. Under his strong strategic and operational leadership Syngenta developed and implemented its innovative integrated strategy and the commitments behind The Good Growth Plan,” said Michel Demaré, chairman of Syngenta.
John Ramsay, chief financial officer, was appointed chief executive officer ad interim until the appointment of a new leader.