Philadelphia, Pennsylvania, USA
June 2, 2014
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.