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FMC Market-leading ambitions

When Pierre Brondeau took the helm as CEO of FMC at the start of 2010, he set to work changing the company’s mentality.

6:04 AM MST | January 21, 2013 | —Vincent Valk in Philadelphia

According to Pierre Brondeau, previous management and former CEO William Walter “was focused on what the company had to do … to get a healthy balance sheet” after the 2001 spin-off of FMC Technologies, a maker of industrial equipment. By the time Brondeau joined FMC in late 2009, the company was in a stronger position. It had posted its second-highest earnings figure at that time, $228.5 million, in the recessionary environment of 2009, along with $2.83 billion in sales. Brondeau joined FMC from Dow Chemical, where he was chief executive of its...

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