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FMC: Walter on board ahead of split

The board of directors of US chemicals operation FMC Corporation has elected William G. Walter as executive vice president and board member. Walter became general manager of FMC“s Specialty Chemicals…

The board of directors of US chemicals operation FMC Corporation has elected William G. Walter as executive vice president and board member. Walter became general manager of FMC“s Specialty Chemicals Group, headquartered in Philadelphia, in May 1997. He will now be responsible for all of FMC“s chemicals businesses – Specialty and Industrial Chemicals, as well as Agricultural Products – worth around US$ 2.2 billion in 1999 sales and more than US$ 280 million in operating profit. The appointment of Walter follows the 31 October 2000 announcement of the proposed split of FMC into two independent publicly held companies: machinery and chemicals. FMC said it expects Walter to become CEO of what will be the FMC chemicals business after the split.

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