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FMC Corporation is a global agricultural sciences company dedicated to assisting growers in producing food, feed, fiber, and fuel while adapting to environmental changes. The company operates in a single business segment, focusing on the development, marketing, and sale of crop protection chemicals, including insecticides, herbicides, and fungicides, as well as biologicals, crop nutrition, and seed treatment products, collectively known as plant health . FMC's portfolio is primarily composed of insecticides and herbicides, with a smaller but growing segment of fungicides and plant health products, which are used to enhance crop yield and quality by controlling pests, weeds, and diseases . The company also invests in innovative technologies and new product formulations to maintain its competitive edge in the agrochemical industry .
- Insecticides - Develops and markets chemicals that protect crops by controlling insect pests, contributing significantly to the company's revenue.
- Herbicides - Offers solutions for weed control, helping to improve crop yield and quality by eliminating unwanted vegetation.
- Fungicides - Provides products that prevent and control fungal diseases, ensuring healthier crops and better yields.
- Plant Health Products - Includes biologicals, crop nutrition, and seed treatment products aimed at enhancing overall plant health and productivity.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Andrew D. Sandifer Executive | Executive Vice President and CFO | Board Member at Koppers Holdings Inc.; Board Trustee at Germantown Academy | Joined FMC in 2010; held various leadership roles, including VP of Strategic Development and Treasurer. CFO since 2018, overseeing financial compliance and reporting. | |
Brian P. Angeli Executive | EVP and Chief Marketing Officer | None | Promoted to CMO on May 1, 2024; previously VP of Corporate Strategy and Precision Agriculture. Oversees portfolio management and global partnerships. | |
Jacqueline Scanlan Executive | EVP and Chief Human Resources Officer | None | Joined FMC in September 2023; previously held senior HR roles at Axalta Coating Systems and Haemonetics Corporation. | |
Michael F. Reilly Executive | EVP, General Counsel, Chief Compliance Officer, and Secretary | Board Member at First State Montessori Academy, Inc. | Joined FMC in 2013; progressed from Associate General Counsel to EVP. Oversees legal, compliance, and governance functions. | |
Ronaldo Pereira Executive | President | None | President since June 11, 2024; nearly 28 years at FMC, previously EVP and President of FMC Americas. Known for driving growth in the Americas region. | |
Thaisa Hugenneyer Executive | EVP, Operations, Supply Chain, and Procurement | None | Over 25 years at FMC; promoted to EVP in 2024, overseeing manufacturing, supply chain, and EHS. Known for strengthening supply chain resilience. | |
Vsevolod Rostovtsev Executive | EVP and Chief Technology Officer | None | Joined FMC in 2017; instrumental in R&D leadership, including the development of Dodhylex\u2122 herbicide. Co-inventor of copper-catalyzed Click Chemistry, which won the 2022 Nobel Prize. | |
Anthony DiSilvestro Board | Director | CFO at Mattel Inc. | Director since 2024; former CFO of Campbell Soup Company, with expertise in financial turnarounds and cost reduction programs. | |
C. Scott Greer Board | Lead Director | None | Director since 2002; Lead Director since 2022. Former Chairman, President, and CEO of Flowserve Corporation. | |
Dirk Kempthorne Board | Director | Board Member at Olympic Steel and Robert Half International | Director since 2009; former U.S. Secretary of the Interior and Governor of Idaho. Chairs FMC's Sustainability Committee. | |
Eduardo E. Cordeiro Board | Director | Board Member at Owens Corning; Board Member at Indicor, LLC | Director since 2011; former CFO of Cabot Corporation. Brings financial expertise and corporate strategy experience. | |
John Davidson Board | Director | Board Member at TE Connectivity Ltd. and International Flavors & Fragrances Inc.; Independent Audit Quality Committee Member at Ernst & Young, LLP | Director since 2020; extensive experience in finance and governance, including roles at TE Connectivity and Ernst & Young. | |
John M. Raines Board | Director | President of Paris Bancshares, Inc.; Board Member at TPNB Bank and Sydenstricker Nobbe Partners | Director since 2024; former President of Digital Agriculture at TELUS Corporation, with expertise in agriculture and technology. | |
K'Lynne Johnson Board | Director | Chair of the Board at Trinseo S.A.; Board Member at J.M. Huber Corporation, BlueScope Steel Limited, and Sylvatex Inc. | Director since 2013; former CEO of Elevance Renewable Sciences, with expertise in specialty chemicals and sustainability. | |
Kathy L. Fortmann Board | Director | None | Director since 2022; former CEO of ACOMO N.V. and leader of major business integrations at DuPont and IFF. | |
Margareth \u00d8vrum Board | Director | Board Member at TechnipFMC plc, Harbour Energy plc, and Transocean Ltd. | Director since 2016; former EVP at Equinor ASA with expertise in technology, sustainability, and global operations. | |
Patricia Verduin Board | Director | Board Member at Ingredion Corporation, Avient Corporation, and The Valley Hospital | Director since 2023; former Chief Technology & Science Officer at Colgate Palmolive, with expertise in R&D and sustainability. | |
Pierre R. Brondeau Board | Chairman of the Board and CEO | None | Chairman of FMC since 2010; reappointed as CEO on June 11, 2024, after previously serving as CEO from 2010 to 2020. Led FMC's transformation into a global agricultural sciences company. |
- Given that you were late in adjusting pricing in Latin America and may have lost market share to competitors, how do you plan to regain this market share while maintaining profitability in such a challenging pricing environment?
- With Rynaxypyr experiencing low single-digit global declines driven by challenges in Asia, what specific strategies are you implementing to reverse this trend and drive growth for this key product?
- You mentioned potential challenges with pricing in 2025 but have not made specific assumptions yet; how do you plan to mitigate the risk of price erosion impacting your target of 6% revenue growth next year?
- Following the bankruptcy of a large distributor in Latin America, how does this affect your distribution strategy in the region, and what measures are you taking to reduce similar risks in the future?
- With uncertainties surrounding diamide sales in 2025 due to ongoing negotiations and market conditions, how confident are you in meeting your earnings growth projections, and what contingencies are in place if diamide growth underperforms?
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
ChemChina | Owner of Syngenta Group, which includes the former Syngenta and Adama. Part of the consolidated agrochemicals industry following several mergers of leading crop protection companies. Represents approximately 73 percent of the crop protection industry’s global sales along with other major companies. |
Bayer AG | Acquired Monsanto in 2018. Part of the consolidated agrochemicals industry following several mergers of leading crop protection companies. Represents approximately 73 percent of the crop protection industry’s global sales along with other major companies. |
BASF AG | Part of the consolidated agrochemicals industry following several mergers of leading crop protection companies. Represents approximately 73 percent of the crop protection industry’s global sales along with other major companies. |
Part of the consolidated agrochemicals industry following several mergers of leading crop protection companies. Represents approximately 73 percent of the crop protection industry’s global sales along with other major companies. | |
UPL Ltd. | Part of the next group of agrochemical producers following the five major innovation companies in the industry. |
Sumitomo Chemical Company Ltd. | Part of the next group of agrochemical producers following the five major innovation companies in the industry. |
Nufarm Ltd. | Part of the next group of agrochemical producers following the five major innovation companies in the industry. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
BioPhero ApS | 2022 | FMC Corporation announced the acquisition of BioPhero ApS on June 29, 2022, closing the deal on July 19, 2022 for approximately $190–$200 million. The deal strategically adds BioPhero’s state-of-the-art pheromone insect control technology—including its proprietary fermentation process, extensive patent portfolio (extending through 2042), and associated know-how—to FMC’s Plant Health business with an expectation of generating around $1 billion in revenue by 2030 at above-average EBITDA margins. |
Recent press releases and 8-K filings for FMC.
- FMC Corporation receives regulatory approval in Peru for its new Keenali herbicide powered by Dodhylex active, marking the first global registration for this breakthrough technology.
- The herbicide introduces a new mode of action—the first in over three decades—set to transform rice weed management without compromising crop safety.
- The innovation is being explored for additional crops including corn, soybean, sugarcane, and sunflower, highlighting the company's commitment to advancing agricultural solutions.