USA: Monsanto chief executive resigns
The chief executive and president of biotech giant Monsanto, Hendrik A Verfaillie, has resigned amid continuing consumer unease about genetically modified food. Verfaillie, whose departure came as a surprise, rose up through the Monsanto ranks to become chief executive in February 2000. Monsanto is looking outside the company for Verfaillie's successor. In the meantime, chairman Frank V AtLee is to serve as interim CEO.
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