The Board of Directors of FMC Corporation announced that Mark A. Douglas, who has stepped down from his roles as President and resigned as a member of the Board. In addition, the Board has appointed Ronaldo Pereira to the role of President of the Company. Pereira assumed their new roles effective June 11, 2024.

Mr. Douglas will serve as an executive advisor to the senior management team through September 1, 2024. In connection with the foregoing and in accordance with the Company?s Restated By-Laws, the Board reduced the size of the Board to ten members. Pereira has been with FMC for nearly 28 years, most recently serving as executive vice president and president of the Americas region.

As FMC president, Pereira will have expanded responsibilities, including executive oversight for all commercial, sales and marketing globally, as well as overseeing the Sustainability, External Affairs, Regulatory and Marketing functions. He will also retain oversight of the Plant Health business.