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BRIEF-Monsanto CEO Announces Intent To Leave Co Upon Closing Of Bayer Acquisition

Published 2018-05-07, 08:36 a/m
© Reuters.  BRIEF-Monsanto CEO Announces Intent To Leave Co Upon Closing Of Bayer Acquisition
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May 7 (Reuters) - Monsanto (NYSE:MON) Co MON.N :

* MONSANTO COMPANY CHAIRMAN AND CHIEF EXECUTIVE OFFICER HUGH GRANT ANNOUNCES INTENT TO LEAVE MONSANTO UPON CLOSING OF BAYER ACQUISITION

* MONSANTO CO - BAYER CONTINUES TO TARGET DEAL CLOSING IN SECOND CALENDAR QUARTER OF 2018

* MONSANTO CO - GRANT WILL MAINTAIN HIS POSITION AS CHAIRMAN AND CHIEF EXECUTIVE OFFICER UNTIL CLOSING

* MONSANTO - IN ADDITION TO CHAIRMAN AND CEO, SEVERAL MEMBERS OF EXECUTIVE TEAM ALSO ANNOUNCED THEY WILL BE DEPARTING SHORTLY AFTER DEAL CLOSE

* MONSANTO CO - EXECUTIVE TEAM MEMBERS DEPARTING AFTER DEAL CLOSING INCLUDE, CFO PIERRE COURDUROUX, CHIEF TECHNOLOGY OFFICER ROBERT FRALEY

* MONSANTO - CURRENT EXECUTIVES TRANSITIONING TO BECOME MEMBERS OF CROP SCIENCE EXECUTIVE LEADERSHIP TEAM AT BAYER AFTER DEAL CLOSE INCLUDE CO'S COO

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