Brett Begemann named as President of Monsanto Company
ST. LOUIS (August
20, 2012) – Monsanto Company today announced that Brett Begemann, 51, has been
named as the company’s President and Chief Commercial Officer. In his expanded role
as President, Begemann will lead the oversight and operational execution of the
company’s near-term expansion and growth in key international markets.
Hugh Grant will
continue to serve as the Chairman and Chief Executive Officer for Monsanto
Company, where he maintains ongoing responsibility for leading the company’s
long-term corporate strategy, as well as setting direction and maintaining
oversight of its operations. Grant will continue to focus on the delivery of
strategic plans and policies for the organization, including the company’s
long-term vision– a vision that is focused on producing more, conserving more
and improving the lives of people throughout the world.
Begemann formerly
served as Monsanto’s executive vice president and chief commercial officer for
global business operations. In his expanded role as President, Begemann will
work to ensure the commercial development of the company’s next-generation of
growth drivers. These drivers include growth in established markets as well as
new markets like Eastern Europe, China and Latin America, as well as growth
through the next wave of agriculture innovations such as Integrated Farming
Systems and Ag Biologicals. Begemann will continue to lead the global
commercial business including overseeing the commercial, manufacturing and
supply chain operations in row crops, vegetables and crop protection.
“Brett has served as
a valuable contributor to Monsanto’s agriculture business for nearly 30 years,
including leading our global organization, implementing growth strategies both
domestically and abroad, as well as delivering strong financial results to our
business,” said Hugh Grant, chairman and chief executive officer of
Monsanto. “Brett’s leadership has played an important role in
accelerating the company’s growth potential and I expect that to continue as
our business looks to deliver on the next-generation of growth – both
domestically and abroad.”
“I’m really pleased
that Brett will add these responsibilities and I look forward to continuing to
work closely with him in the coming years as we continue to deliver new
innovations and broader choice to farmers around the world,” Grant added.
Begemann joined the
former Monsanto Company in 1983. Throughout his career with the company,
Begemann has served in a variety of roles across sales, marketing, commercial
development as well as senior management positions worldwide.
“I’m pleased to
assume this responsibility and focus on the development and delivery of
expanded growth opportunities in our global business – including growth in
established markets, growth in new markets, as well as growth through the next
wave of agriculture innovations such as Integrated Farming Systems and Ag
Biologicals,” said Begemann.
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