FMC Corporation Announces Leadership Change
Rhea-AI Summary
FMC (NYSE: FMC) announced that Ronaldo Pereira, president, will step down effective December 15, 2025 after 28 years with the company. The decision was reached by mutual agreement with chairman and CEO Pierre Brondeau. Pereira will remain in an advisory capacity until December 15, 2025 to support a smooth transition. Management praised Pereira's leadership, citing transformation of grower relationships in Latin America and business growth in North America.
The company emphasized continuity through the agreed transition timeline and internal coordination.
Positive
- Planned transition with advisory support until Dec 15, 2025
- 28 years institutional knowledge retained during handover
- Recognized leadership in Latin America and North America
Negative
- President role will be vacant effective Dec 15, 2025
- Potential short-term uncertainty around operational leadership
News Market Reaction 110 Alerts
On the day this news was published, FMC declined 4.91%, reflecting a moderate negative market reaction. Argus tracked a trough of -43.8% from its starting point during tracking. Our momentum scanner triggered 110 alerts that day, indicating very high trading interest and price volatility. This price movement removed approximately $187M from the company's valuation, bringing the market cap to $3.63B at that time. Trading volume was exceptionally heavy at 17.9x the daily average, suggesting significant selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Ronaldo Pereira to depart after 28 years with the company
"We are grateful for Ronaldo's tremendous dedication and efforts in leading FMC during his tenure as president," said Brondeau. "He is a highly respected crop protection industry veteran who has transformed FMC's relationship with growers in
Pereira will be available in an advisory capacity until December 15, to ensure a smooth transition of responsibilities.
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 and crop advisers to address their toughest challenges economically while protecting the environment. 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®.
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in FMC's other filings with the SEC, and in presentations, reports or letters to FMC stockholders.
In some cases, FMC has identified these forward-looking statements by such words or phrases as "outlook", "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Form 10-K"), the section captioned "Forward-Looking Information" in Part II of the 2024 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission ("SEC"). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement.
We specifically decline to undertake any obligation, and specifically disclaims any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-announces-leadership-change-302598789.html
SOURCE FMC Corporation
FAQ
When will FMC (FMC) president Ronaldo Pereira leave the company?
Will Ronaldo Pereira help with the transition at FMC (FMC) after announcing his departure?
Who agreed to Ronaldo Pereira's departure at FMC (FMC)?
How long did Ronaldo Pereira work at FMC (FMC)?
What impact did Ronaldo Pereira have at FMC (FMC)?
