This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

FMC Corporation Announces New CFO, Appointment Of New Business Group Presidents

Douglas joined FMC in 2010 as vice president of Global Services and International Development.  Prior to FMC, he held a variety of commercial, research, regional, and global roles in the chemical industry, including leadership positions at Rohm and Haas Company and The Dow Chemical Company.  In addition to leading FMC Agricultural Products Group, Douglas will retain executive oversight for the Latin America Region and the Procurement organization.

Ed Flynn, manager for the Alkali Chemicals Division, will succeed Mark Douglas as president of the Industrial Chemicals Group, effective October 1, 2012.

"Ed is a 31-year FMC veteran who is uniquely qualified to lead our Industrial Chemicals Group," said Brondeau.  "During the last decade, he has been responsible for FMC's highly efficient soda ash business, including the world's largest natural soda ash production facility.  He's a respected industry executive, and we're pleased to have the caliber of leadership I know Ed will bring to this important role."

Flynn has held a variety of engineering, manufacturing, functional, and business roles of increasing responsibility at several FMC locations during his career.  He was promoted to division manager for Alkali Chemicals in 2002, where he has been a champion of the business's successful low-cost model.

In addition to these executive changes, the company announced that Michael Wilson, president of the Specialty Chemicals Group, will add to his business responsibilities executive oversight for the company's Asia Pacific and Central and Eastern Europe and Turkey regions. Wilson will retain executive responsibility for Sustainability.

Brondeau praised the significant and lasting contributions of Foster and Steele, who joined FMC in 1978 and 1977, respectively.  "Kim and Milton have been exceptional leaders throughout their FMC careers.  Kim has been the company's steady hand in sound fiscal management since he was named CFO in 2001.  His business savvy and financial acumen have delivered more than 20 percent total shareholder return and 16 percent compounded annual growth in earnings per share since 2001, among the best in the chemical industry," Brondeau said.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.27 0.00%
FB $101.00 0.00%
GOOG $684.12 0.00%
TSLA $143.67 0.00%
YHOO $27.10 0.00%


Chart of I:DJI
DOW 15,914.74 -99.64 -0.62%
S&P 500 1,851.86 -0.35 -0.02%
NASDAQ 4,283.5920 +14.8290 0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs