Monsanto's CFO Carl Casale Resigns
Monsanto Company has announced that Carl Casale, executive vice president (EVP) and chief financial officer (CFO), plans to leave his position effective 31 December 2010, to become president and chief executive officer (CEO) of CHS, a Fortune 100 diversified energy, grains and foods company.
Casale will work through the remainder of the year to ensure a smooth transition of his responsibilities to his successor, whom the company expects to identify during this period. Casale will begin his position at CHS on 1 January 2011.
Casale joined the original Monsanto Company in 1984. During his 26-year career at the company, he has held a number of progressively senior positions. More recently, Casale oversaw Monsanto’s strategy, manufacturing and information technology organizations, and was named CFO on 1 September 2009. In particular, in his role as CFO, Casale made important contributions in providing the strategic direction and leadership that has established the course for Monsanto’s growth opportunity in 2011 and beyond.