Delta and Pine Land
Company (NYSE: DLP - "D&PL"), a leading commercial
breeder, producer and marketer of cotton planting seed,
today announced a plan to gain synergies in its
international and corporate development efforts through the
creation of a senior vice president position with
responsibility for these areas. Rick Greene, previously Vice
President of Finance and Treasurer, will assume this role
immediately and will retain responsibility for accounting
and finance until a replacement is named.
"The Company's business has
been evolving for the past several years and our growth
strategy places a great emphasis on the international
business and the development and commercialization of new
technologies. Rick has a keen understanding of these areas,
which are crucial to our reaching our mid-term and long-term
goals," said Tom Jagodinski, D&PL President and CEO. "He has
worked with our international business since joining the
company in 1997, and later headed our business development
efforts before taking a primary role in accounting and
finance. This background gives him unique insight to bring a
dedicated focus to our growth and expansion initiatives."
Mr. Greene joins the core
leadership team comprised of Mr. Jagodinski and Randy
Dismuke, senior vice president of the U.S. business.
Mr. Greene commented, "We
have made great strides in positioning our international
business and technology platforms for future growth. This
new position will give me the ability to focus my efforts on
implementation of our strategies in these areas and work
with the Company's management team to further increase the
value we bring our customers and shareholders."
Mr. Greene has served as
D&PL's Vice President- Finance, Treasurer and Assistant
Secretary since 2002 and prior to that was Vice President of
Business Development for two years. He joined the Company in
1997 as Director of International Taxation and Finance.
Prior to joining the Company, he served in various
capacities at Arthur Andersen LLP since 1991. Mr. Greene
earned a B.S. in Accounting from Christian Brothers
University.
Delta and Pine Land
Company is a leading commercial breeder, producer and
marketer of cotton planting seed. Headquartered in Scott,
Mississippi, with multiple offices in eight states and
facilities in several foreign countries, D&PL also breeds,
produces and markets soybean planting seed in the U.S.