PHILADELPHIA, June 2, 2014 /PRNewswire/ -- FMC Corporation (NYSE: FMC) has named Brian P. Angeli vice president of Corporate Strategy and Development. He joins the company this month to lead broad strategic planning initiatives and direct FMC's long-term growth strategy. He also will oversee all mergers and acquisition efforts.
"Brian brings extensive experience to this role with a deep background in transaction support and M&A," said Paul Graves, FMC executive vice president and CFO. "He knows our company well having served most recently as FMC's primary relationship banker at Goldman Sachs and as an advisor on the separation of FMC into two independent companies. He has extensive experience advising companies in the chemicals and agricultural sectors."
Angeli joins FMC from Goldman, Sachs & Co. where he was vice president, Investment Banking, and a member of the M&A Group focused on the Natural Resources sector. He also was a senior member of Goldman Sachs' Global Chemicals team.
Andrew Sandifer, FMC vice president of Strategic Development, is leading the company's separation into two independent, publicly traded companies. He will transition his corporate strategy responsibilities to Angeli during the next several weeks. As previously announced, Sandifer will be named CFO of FMC Minerals when the separation is completed in early 2015.
FMC Corporation is a diversified chemical company serving agricultural, industrial, environmental, and consumer markets globally for more than a century with innovative solutions, applications and quality products. In 2013, FMC had annual sales of approximately $3.9 billion. The company employs approximately 5,600 people throughout the world, and operates its businesses in three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Minerals. 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 2013 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.
SOURCE FMC Corporation