FMC Corporation Realigns Leadership Structure for North America and Latin America

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Jun 11, 2019, 16:30 ET

PHILADELPHIA, June 11, 2019 /PRNewswire/ --

FMC Corporation (NYSE: FMC) today announced that it is realigning the leadership structure for its North America and Latin America regions. Ronaldo Pereira, president, FMC Latin America, has been appointed president of the company's new Americas Region, which encompasses the U.S., Canada, Central America and South America. Pereira will continue to report to Mark Douglas, FMC president and chief operating officer. Due to this leadership realignment, Amy O'Shea, vice president and business director for North America, will leave the organization to pursue other opportunities.

"The Americas Region includes two of FMC's largest markets, the U.S. and Brazil," said Douglas. "As our business continues to grow and expand throughout the Americas, there is an increasing need to align and focus our commercial organizations on key countries and customers. Common executive leadership will help drive stronger alignment and account management." Douglas added, "Furthermore, we are seeing a greater need to align our strategies across certain large-volume crops, including soybeans, especially in the U.S., Brazil and Argentina."

Pereira is a highly respected crop protection industry veteran with broad commercial experience. He began his career at FMC in 1995 and has held a variety of marketing, business development and general management roles in Latin America and at the global level. He was appointed an FMC vice president in 2017.

"I want to acknowledge Amy O'Shea's leadership of our North America region for the last three years and her many contributions to FMC. She has helped grow our business during her tenure and was instrumental in successfully integrating the U.S. and Canada commercial teams as part of the DuPont crop protection transaction. We wish her continued success in her career," Douglas said.

FMC has also announced that Marcelo Magurno, Brazil commercial director, north region, has been appointed business director, Brazil. His new, expanded responsibilities include oversight for all commercial strategies and resources in Brazil, including sales and marketing. Magurno brings more than 25 years of crop protection industry experience to this new role.

The Americas realignment and new executive leadership roles are effective July 1, 2019.

About FMC

FMC Corporation, an agricultural sciences company, provides innovative solutions to growers around the world with a robust product portfolio fueled by a market-driven discovery and development pipeline in crop protection, plant health, and professional pest and turf management. This powerful combination of advanced technologies includes leading insect control products based on Rynaxypyr^® and Cyazypyr^® active ingredients; Authority^®, Boral^®, Centium^®, Command^® and Gamit^® branded herbicides; Talstar^® and Hero^® branded insecticides; and flutriafol-based fungicides. The FMC portfolio also includes biologicals such as Quartzo^® and Presence^® bionematicides. FMC Corporation employs approximately 6,500 employees around the globe. To learn more, please visit www.fmc.com.

FMC, the FMC logo, Rynaxypyr, Cyazypyr, Authority, Boral, Centium, Command, Gamit, Talstar, Hero, Quartzo and Presence are trademarks of FMC Corporation or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions. Hero® insecticide is a restricted use pesticide in the United States.

Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in FMC's other filings with the SEC, and in reports or letters to FMC stockholders.

In some cases, FMC has identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Such forward-looking statements are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors included within FMC's 2018 Form 10-K filed with the SEC. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.

This press release contains certain "non-GAAP financial terms" which are defined on our website www.fmc.com. In addition, we have also provided on our website at www.fmc.com reconciliations of non-GAAP terms to the most directly comparable GAAP term.

SOURCE FMC Corporation