ST. LOUIS (AP) -- Monsanto is promoting Brett Begemann to president, the seed company said Monday.
The 51-year-old previously served as executive vice president. He will continue in his role as chief commercial officer.
The title of president was previously held by Chairman and CEO Hugh Grant.
With this expanded position, Begemann will work on commercial development in established markets and new markets such as Eastern Europe, China and Latin America. He will also be involved in the company's attempts to expand its business through new technologies like integrated farming systems, which combine breeding technology and equipment advances, and ag biologicals, which involves gene manipulation for things like pest or virus control.
Begemann will continue to lead Monsanto's global commercial business, including overseeing the commercial, manufacturing and supply chain operations in row crops, vegetables and crop protection.
Begemann has worked at Monsanto Co. since 1983, serving in a variety of positions.
In June, the St. Louis company reported that its fiscal third-quarter net income climbed 35 percent as a mild winter spurred farmers to sow crops earlier and in larger numbers.
