Monsanto Announces Senior Leadership Changes to Go Into Effect After Bayer Transaction Closes
Monsanto announced that Chairman and Chief Executive Officer Hugh Grant will be stepping down after Bayer’s proposed acquisition of the company closes. Grant, who has worked for Monsanto for over 35 years, has been chairman and CEO since 2003. While details about the timing of the Bayer transaction were not provided, Monsanto said Bayer continues to target closing the deal during the second calendar quarter of 2018, which is consistent with our view that the acquisition will close by the end of ...
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