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FMC Corporation Announces Mark Douglas Will Succeed Pierre Brondeau as President and CEO on June 1, 2020; Brondeau to Become Executive Chairman

Pierre Brondeau will continue to serve as chairman and CEO through May 31, 2020, at which time he will become executive chairman and remain a member of the Board of Directors. "Mark has been elected following the Board's careful and thorough assessment of the experience, track record and leadership qualities needed to lead FMC," said Brondeau. "I am honored to be elected president and CEO of this great company," said Douglas. "Upon his arrival in 2010, Pierre saw the significant growth potential of FMC and charted a new course that would eventually transform the company. His vision reshaped nearly every aspect of the enterprise, including the business portfolio, operating structure, and a culture of high performance," Volpe said. "A decade of results speak for themselves: More than a dozen acquisitions and divestitures; two of the largest transactions in company history, including the 2017 acquisition of a majority of DuPont's crop protection assets; total shareholder return of more than 325 percent; nearly 90 percent reduction in the company's recordable injury rate; and the transformation into a leading, global crop protection innovator. The Board looks forward to Pierre's guidance as executive chairman, and we know that as CEO, Mark will continue to lead FMC with the conviction, passion and strategic foresight that have guided the company's success."

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