St. Louis, Missouri
December 10, 2008
Monsanto Company
announced today that Robert A. Paley, 60, Vice President and
Treasurer, will retire from the company effective Jan. 31, 2009.
Tom D. Hartley, 49, has been named Vice President and Treasurer
effective Dec. 8, 2008. In order to affect an orderly
transition, Paley will serve Monsanto as Special Assistant and
Advisor to the CFO through Jan. 31, 2009.
"On behalf of the Monsanto management team and employees, I
thank Bob for his 38 years of service to our company," said
Terry Crews, Chief Financial Officer. "As treasurer, he played
an instrumental role in strengthening our balance sheet,
managing our financial risks, and enhancing the cash flow
generation capabilities of the Company. Bob has also been
responsible for developing and coaching numerous members of
Monsanto's finance organization."
Paley joined Monsanto's predecessor in June 1970 as a
Manufacturing Cost Analyst. He served in a variety of roles at
the company, including numerous positions in the finance
organization, as well as positions in human resources, product
management, sales, mergers and acquisitions, and strategic
planning. Paley served as a vice president and the company's
treasurer since 2002.
Most recently, Hartley was Director, International Finance for
the company. He joined Monsanto's predecessor in January 1992
and has had broad finance experience supporting Monsanto's
commercial business and technology organizations. Hartley also
has experience in the company's controllership, treasury,
financial reporting and accounting departments. Prior to joining
Monsanto, he was a Manager with Deloitte & Touche, LLP. Hartley
holds B.S.and M.B.A. degrees from Duke University. He is also a
Certified Public Accountant.
Monsanto Company is a leading global provider of
technology-based solutions and agricultural products that
improve farm productivity and food quality. Monsanto remains
focused on enabling both small-holder and large-scale farmers to
produce more from their land while conserving more of our
world's natural resources such as water and energy. |
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