FMC CORPORATION (NYSE:FMC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On March9, 2018, FMC Corporation (the “Company”) announced that effective May15, 2018, Paul Graves, currently serving as executive vice president and CFO of the Company, will become the CEO of the Company’s lithium business and he will resign his position as CFO of the Company. As previously announced, the Company’s existing lithium business will be separated into a new lithium materials subsidiary, which will conduct an underwritten initial public offering in the second half of 2018.
The Company also announced that effective May15, 2018, Andrew Sandifer, currently the Company’s vice president and treasurer, will become the Company’s CFO. He will retain his current responsibilities for the Company’s Treasury organization. Mr.Sandifer is a 25-year industry veteran with extensive experience in strategic planning, investor relations, treasury, M&A and commercial management. Prior to joining the Company in 2010, he held various business and finance leadership roles at ARAMARK, The Dow Chemical Company, Rohm and Haas Company and the Boston Consulting Group.
| Item 5.02 | Financial Statements and Exhibits. |
|
Exhibit Number |
Exhibit Title |
| 99.1 | Press Release dated March9, 2018. |
2
FMC CORP ExhibitEX-99.1 2 d549855dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FMC Corporation 2929 Walnut Street Philadelphia,…To view the full exhibit click here
About FMC CORPORATION (NYSE:FMC)
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates through three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Company’s FMC Agricultural Solutions segment develops, markets and sells over three classes of crop protection chemicals, including insecticides, herbicides and fungicides. Its FMC Health and Nutrition segment focuses on nutritional ingredients, health excipients and functional health ingredients. FMC Health and Nutrition is a supplier of microcrystalline cellulose, carrageenan, alginates, natural colorants, pectin and omega-3, which has applications in the production of food, pharmaceutical, nutraceutical and other specialty consumer products. Its FMC Lithium segment manufactures lithium for use in a range of lithium products, which are used in energy storage, specialty polymers and chemical synthesis application.
