UPL Limited announced the new leadership resulting from the recent merger

UPL Limited announced today the new leadership resulting from the recent merger. The appointments will become effective upon the completion of the proposed transaction, which is subject to obtaining various regulatory approvals and the satisfaction of other closing conditions.

On  20  July  2018,  UPL  –  a  global  company  of  agrochemical  solutions  –  announced  the  signing  of  a  definitive agreement between its wholly owned subsidiary UPL Corp. and the Platform Specialty Products Corporation (NYSE-PAH) to acquire Arysta LifeScience Inc. and its subsidiaries (collectively referred to as “Arysta”). The New UPL represents a huge opportunity to transform agriculture, improve the lives of farmers and increase the world's food supply in a sustainable way. The New UPL is a watershed in the ambition to reshape the industry and innovate agriculture and agribusiness worldwide. The coexistence of UPL and Arysta will be transformative not only for producers, but also for partners and customers across the agricultural and food chain. The New UPL will also pioneer in bio-solutions and is committed to achieving sustainable growth for the world.

Recommended as an agile organization, the New UPL will leverage the strengths that both UPL and Arysta bring to this entity. The leadership structure, strategically formed, will allow the organization to produce impact in short and long-term horizons. Leadership will continue to focus on the customer and leverage its expertise in manufacturing, innovation and strategic partnerships to provide innovative solutions to farmers.

The new executive team will be led by Jai Shroff, current Global CEO of UPL Ltd. Jai is a globally recognized leader for its contribution to the agricultural input industry, with over 30 years of experience in India and internationally. Under his leadership, UPL has been one of the fastest growing agricultural input companies in the world, with a strong presence in the seed conservation, plant nutrition, Crop Protection and post-harvest food value chains.

Vikram Shroff, Executive Director, Rajendra Darak, Group CFO, Raj Tiwari, Global Head of Supply Chain & Manufacturing, Anand Vora, Global Chief Financial Officer (CFO), Rohit Kumar, will continue to perform the same roles at New UPL.  GlobalGeneral Counsel, Sanjay Singh, Chief Human Resource Officer (CHRO), Paresh Talati, Global Head of Chemistry R&D, Sagar Vidya Kaushik, Global Head of Corporate Affairs. Bhupen Dubey  will continue to lead the Seeds business, and K.R.Srivastava will continue to lead the Specialty Chemicals business.

Diego Casanello, current President of Arysta LifeScience, will assume the position of COO – Crop Protection at New UPL.

Ajit Premnath, currently COO – Crop Protection at UPL, will assume the position of Business Mentor – Crop Protection, focusing on guiding Diego in his new role, driving strategic initiatives and ensuring seamless cultural integration between the two organizations. Ajit will remain in his Business Mentor role until March 2020, after which he will take on a new role within the group.

Carlos Pellicer, current COO Global Strategy Innovation & NPD at UPL, will pass to the role of COO Integration, Global Strategy and Special Growth Initiatives. He will work together with Marketing, R&D and Strategic Alliances driving initiatives for New UPL. DECCO will also continue to report to Carlos. 

Only  after  the  merger  is  completed,  will  the  appointments  be  made. Until  that  date,  both  companies  will continue operating under current conditions.