Syngenta chief executive officer and executive director Mike Mack informs the company’s board of his intention to step down. The board accepted his decision and he will be leaving the company at the end of October.
John Ramsay, chief financial officer, is appointed interim CEO until the appointment of a new chief executive.
“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,” says Michel Demaré, chairman of Syngenta.
Mack said he believes this is an appropriate time for the company to benefit from the perspectives of a new leader.
“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,” he says.
“While the current market conditions are challenging, I am confident that the strength of the company’s products, promising pipeline and talented people will deliver significant value in the years ahead. I wish John every success in his new role and am sure he will make a major contribution.””