FMC Corporation has appointed Luc Tack, CEO of investor Tessenderlo Group NV, to its Board of Directors, effective October 21, 2026. The appointment fulfills a key provision of the Investor Agreement established following Tessenderlo's $403 million equity investment in FMC, which closed in September 2026. The board size was increased from 9 to 10 members to accommodate the new director.
Key Details
- New Director: Luc Tack, CEO of Tessenderlo Group NV, has been appointed to the Board.
- Effective Date: The appointment was effective as of October 21, 2026.
- Board Expansion: The size of the FMC Board of Directors was increased from 9 to 10 members.
- Background: The appointment is pursuant to the Investor Agreement tied to Tessenderlo Group's purchase of 30.3 million shares of FMC common stock for approximately $403.2 million.
- Committee Appointment: Mr. Tack was also appointed to the Sustainability & Innovation Committee of the Board.