FMC Corporation announced today that Executive Vice President and Chief Financial Officer Paul Graves will leave his position to become the chief executive officer of the new lithium materials company.
FMC previously announced that this new company will be formed by separating FMC’s current lithium business into its own publicly traded company in the second half of 2018.
Current Vice President and Treasurer Andrew Sandifer will replace Graves, taking on the new role of chief financial officer and treasurer.
The corporation also announced that Pierre Brondeau will serve as chairman of the board of the new lithium materials company and will continue to lead FMC as president, chief executive officer and chairman.
All changes are effective on May 15, 2018.