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SYNGENTA NAMES NEW CHAIRMAN
Oct. 18, 2012
Source: Syngenta news release
Syngenta today announced the appointment of Michel Demaré as the new Chairman of the Board with effect from the next Annual General Meeting on April 23, 2013.
Mr. Demaré will succeed Martin Taylor who, as previously announced, will retire from the Board on that date.
Martin Taylor said, "I am delighted that the Board has chosen Michel as my successor. Since his election as a Director earlier this year he has already made a significant contribution to Syngenta. His extensive international business experience makes him exceptionally well-qualified for the position. I look forward to working with him in the coming months to ensure a smooth transition."
Michel Demaré has been Chief Financial Officer of ABB since 2005, serving in addition, between late 2008 and March 2011, as the company's President of Global Markets. Between February and September 2008 he was ABB's acting Chief Executive Officer.
Previously he had been Chief Financial Officer Europe for Baxter International Inc. He joined Baxter in 2002 after 18 years in the Dow Chemical Company, where he held various treasury and business Chief Financial Officer positions in Europe (including Switzerland) and the US.
He has been Vice Chairman of the Board of UBS since 2010, and is a member of the Board Committee of Swissholdings. He also serves on the Advisory Board of the Institut für Banking und Finance of the University of Zurich and is a member of the IMD Foundation Board in Lausanne. A Belgian citizen, he holds an MBA from the Katholieke Universiteit of Leuven and has lived in Switzerland for 20 years.
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