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FMC Corporation board elects John M. Raines to Board of Directors

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FMC (NYSE: FMC) has elected John M. Raines to its Board of Directors, effective July 15, 2024. Raines, with over 30 years of experience in agriculture and consumer goods, will serve on the Audit and Sustainability Committees. He recently served as president of Digital Agriculture and Consumer Goods at TELUS from 2021 to 2024. Raines has held leadership positions at The Climate and Monsanto Company, and is currently the president of Paris Bancshares, Inc. His expertise in global agriculture, food businesses, M&A transactions, and implementation of modern technology in agriculture is expected to bring valuable insights to FMC's board.

Positive
  • Addition of an experienced board member with extensive knowledge in agriculture and consumer goods
  • Raines' expertise in digital agriculture and modern technology implementation may benefit FMC's strategic direction
  • New board member's global experience across all four regions of the world
Negative
  • None.

PHILADELPHIA, July 15, 2024 /PRNewswire/ --

FMC Corporation Logo. (PRNewsFoto/FMC Corporation)

FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, today announced the election of John M. Raines to the company's Board of Directors, effective July 15, 2024. Raines will serve on the Audit and Sustainability Committees.

With a distinguished career in agriculture and consumer goods spanning over three decades, Raines brings a wealth of global experience, having led major agriculture and food businesses across all four regions of the world. Most recently, Raines served as president of Digital Agriculture and Consumer Goods at TELUS Corporation, a global technology leader, from 2021 to 2024. In this role, he harnessed digital technology to enable data-driven decision making across various sectors. Prior to TELUS, Raines held leadership positions at The Climate Corporation and Monsanto Company. He is currently the president of Paris Bancshares, Inc. and serves as a member of the Board of Directors for both TPNB Bank and Sydenstricker Nobbe Partners.

"We are pleased to welcome John to the FMC Board of Directors," said Pierre Brondeau, FMC chairman and chief executive officer. "He brings extensive knowledge and experience as a global executive of major agriculture and food businesses. His oversight of M&A transactions and implementation of modern technology into the agriculture sector positions him to deliver substantial contributions to the board. We look forward to his engagement and insight." 

Raines commented, "I am honored to be appointed to the FMC Board. FMC has a reputation as a pioneer in crop protection and I am eager to collaborate with the board and management team to foster growth and enhance long-term shareholder value." 

About FMC

FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically while protecting the environment. With approximately 6,200 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.

 

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SOURCE FMC Corporation

FAQ

Who is John M. Raines and why was he elected to FMC 's Board of Directors?

John M. Raines is a global executive with over 30 years of experience in agriculture and consumer goods. He was elected to FMC 's Board of Directors on July 15, 2024, due to his extensive knowledge and experience in global agriculture, food businesses, M&A transactions, and implementation of modern technology in the agriculture sector.

What committees will John M. Raines serve on at FMC ?

John M. Raines will serve on the Audit and Sustainability Committees of FMC 's Board of Directors.

What was John M. Raines' most recent position before joining FMC 's board?

Before joining FMC 's board, John M. Raines served as president of Digital Agriculture and Consumer Goods at TELUS from 2021 to 2024.

How might John M. Raines' experience benefit FMC (NYSE: FMC)?

John M. Raines' experience in global agriculture, food businesses, M&A transactions, and implementation of modern technology in agriculture is expected to bring valuable insights to FMC's board, potentially fostering growth and enhancing long-term shareholder value.

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