A Brief Historical Review and Mission Statement
A Brief Historical Review
Created in 1901 by John F. Queeny, Monsanto has grown into one of the largest agricultural biotechnology corporations in the world (Ewing and Kindle, 1). It invests heavily into research and development into different types of plant species in order to increase yields, protect against disease and insects as well as significantly lower the costs related to farming (Monsanto Company SWOT Analysis, 1-9).
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Current Mission (s) or Purpose (s).
The current mission of the company is the development of viable and effective plant varieties through extensive research and development. Such activities, which are closely monitored by regulators and the management of the company, is concerned with the enhancement of present day farming operations wherein better yields through more advanced crop types results in lower prices and happier consumers.
(THE WORLD ACCORDING TO MONSANTO: Pollution, Corruption, And The Control Of The World’s Food Supply, 239-240).
Stock Price 5- Years
Stock Price S&P Comparison
Market share 2008
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Market share 2010
Market share 2011
Market share 2012
Net sales ( in millions)
Net income (in millions)
Number of Employees
Net Profits/ Number of Employees
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Top Decision Makers
- Total directors from all boards: 11;
- Male: 8;
- Female: 3;
- Internal: 1;
- External: 10.
All directors serve on:
- Executive Committee;
- Audit & Finance Committee;
- People and Compensation Committee;
- Nominating and Corporate Governance Committee;
- Sustainability and Corporate Responsibility Committee;
- Science and Technology Committee.
Board of directors
Laura K. Ipsen
- Age 47.
- Senior Vice President and General Manager, Connected Energy Industries for Cisco Systems, Inc.
- Co-Chair of Cisco’s EcoBoard.
- 15 years at Cisco.
- Senior Fellow of the American Leadership Forum, Silicon Valley.
- Elected to the Monsanto board in December 2010
- Member of the Science and Technology and Sustainability and Corporate Responsibility Committees.
- Term expires in 2014.
- Bachelor’s degree in international relations from the University of Virginia.
Hugh Grant: Chairman, President and Chief Executive Officer
- General and active management and supervision of the business of the company.
- Executive Vice President and Chief Operating Officer;
- Managing Director, all Monsanto business units in Southeast;
- Asia, Australia and New Zealand;
- Led the marketing, sales and technology organizations in Europe and North America.
- B.S. (Honors) degree in Molecular Biology and Agricultural Zoology, Glasgow University;
- M.S. degree, Edinburgh University;
- MBA degree, International Management Center, Buckingham, U.K.
Summary Compensation Table
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Barlett, Donald, Steele, James . “Monsanto’s Harvest Of Fear.” Vanity Fair 573 (2008): 156. EBSCOhost database. Web.
Di Sabato Guerrante, Rafaela, Adelaide Maria de Souza Antunes, and Nei Pereira Jr. “An Analysis Of The Growth Trajectory Of Monsanto.” I-Business 2.3 (2010): 223-231. EBSCOhost database. Web.
Ewing, David W., and Millicent R. Kindle. “Monsanto’s ‘Early Warning’ System.” Harvard Business Review 59.6 (1981): 107-122. EBSCOhost database. Web.
Guregian, Noreen. “Genetically Engineered Crops, It’s What’s For Dinner: Monsanto Co. V. Geertson Seed Farms.” Loyola Law Review 44.3 (2011): 1249-1267. EBSCOhost database. Web.
Johnston, Craig. “Brief For Natural Resources Defense Council As Amici Curiae Supporting Respondent, Monsanto Co. V.
Geertson Seed Farms, No. 09-475 (U.S. 2010).” Environmental Law (00462276) 40.2 (2010): 687-711. EBSCOhost database. Web.
Langreth, Robert, and Matthew Herper. “The Planet Versus Monsanto. (Cover Story).” Forbes 185.1 (2010): 64-69. EBSCOhost database. Web.
Ma, Michelle. “Anticipating And Reducing The Unfairness Of Monsanto’s Inadvertent Infringement Lawsuits: A Proposal To Import Copyright Law’s Notice-And- Takedown Regime Into The Seed Patent Context.” California Law Review 100.3 (2012): 691-720. EBSCOhost database. Web.
“Monsanto Company SWOT Analysis. (Cover Story).” Monsanto Company SWOT Analysis (2012): 1-9. EBSCOhost database. Web.
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“Organic Seed Growers And Trade Association Et Al V Monsanto Company And Monsanto Technology LLC.” Biotechnology Law Report 30.4 (2011): 501-517. EBSCOhost database. Web.
“THE WORLD ACCORDING TO MONSANTO: Pollution, Corruption, And The Control Of The World’s Food Supply.” Kirkus Reviews 78.6 (2010): 239-240. EBSCOhost database. Web.