Shareowners Reelect Board Members At The Company’s Annual Meeting
ST. LOUIS--(BUSINESS WIRE)--Monsanto Company (NYSE: MON) announced that its Board of Directors, at a regularly scheduled meeting held today, declared a quarterly dividend on its common stock of 54 cents per share. The dividend is payable on April 29, 2016, to shareowners of record on April 8, 2016. It relates to the second quarter of the company’s 2016 fiscal year.
In other matters, Monsanto also announced that at its annual shareowners meeting held today, shareowners elected 13 members of its board of directors to new one-year terms ending with the annual meeting to be held in 2017, as the company has fully transitioned to a non-classified board.
Elected members include Gregory H. Boyce; David L. Chicoine, Ph.D.; Janice L. Fields; Hugh Grant; Arthur H. Harper; Laura K. Ipsen; Marcos M. Lutz; C. Steven McMillan; Jon R. Moeller; William U. Parfet; George H. Poste, Ph.D., D.V.M.; Robert J. Stevens; and Patricia Verduin, Ph.D.
Today’s annual meeting also marked the retirement of Gwendolyn King from Monsanto’s board of directors. Monsanto extends its deep appreciation to Ms. King for her leadership and unique contributions she has made to the company beginning with its formation and throughout her years of service on the board. Janice Fields has been elected to succeed Ms. King as the chair of the sustainability and corporate responsibility committee of the board.
Additional voting results from the annual shareowners meeting will be included in the company’s Form 8-K. An audio replay of the meeting will be available by visiting the investor section of Monsanto’s website at www.monsanto.com/investors.
About Monsanto Company
Monsanto is committed to bringing a broad range of solutions to help nourish our growing world. We produce seeds for fruits, vegetables and key crops – such as corn, soybeans, and cotton – that help farmers have better harvests while using water and other important resources more efficiently. We work to find sustainable solutions for soil health, help farmers use data to improve farming practices and conserve natural resources, and provide crop protection products to minimize damage from pests and disease. Through programs and partnerships, we collaborate with farmers, researchers, nonprofit organizations, universities and others to help tackle some of the world’s biggest challenges. To learn more about Monsanto, our commitments and our more than 20,000 dedicated employees, please visit: discover.monsanto.com and monsanto.com. Follow our business on Twitter® at twitter.com/MonsantoCo, on the company blog, Beyond the Rows® at monsantoblog.com or subscribe to our News Release RSS Feed.