FMC Corporation Names Andrew Sandifer Treasurer, Thomas C. Deas, Jr. to Retire in April 2016

Feb 29, 2016, 06:45 ET from FMC Corporation

PHILADELPHIA, Feb. 29, 2016 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today announced that Andrew Sandifer, vice president of Corporate Transformation and deputy treasurer, has been named vice president and treasurer.  He will succeed Thomas C. Deas, Jr., vice president and treasurer, on March 1, 2016.

"Andrew brings strong financial capabilities, business acumen and executive leadership skills to the Treasury role.  He will oversee a well established and talented organization responsible for financing, treasury operations, pension and benefits finances, and insurance and risk management," said Paul Graves, executive vice president and CFO.  Sandifer will report to Graves.

Deas, who has served as vice president and treasurer since 2001, will retire from the company in April 2016. 

"Tom is one of the most respected corporate treasurers in North America," said Graves.  "He has chaired several national and international corporate treasurers' associations, including acting as chairman of the National Association of Corporate Treasurers in the U.S. between 2011 and 2013, and the International Group of Treasury Associations from 2012 through 2014, leading 30,000 treasurers in over 30 countries.  He has been a vocal and active advocate for sound financial laws and regulations that impact FMC and other companies.  During his tenure, Tom played an important role in ensuring FMC maintained its financial strength through various business cycles and was critical in the successful completion of multiple major transactions." 

About FMC

For more than a century, FMC Corporation has served the global agricultural, industrial and consumer markets with innovative solutions, applications and quality products.  FMC acquired Cheminova in April 2015.  Pro forma revenue totaled approximately $3.6 billion in 2015.  FMC employs approximately 6,000 people throughout the world and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition and FMC Lithium. For more information, visit www.FMC.com.  

Safe Harbor Statement under the Private Securities Act of 1995: Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning specific factors described in FMC Corporation's 2015 Form 10-K and other SEC filings. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. FMC Corporation does not intend to update this information and disclaims any legal obligation to the contrary. Historical information is not necessarily indicative of future performance.

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SOURCE FMC Corporation



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