Bayer says head of agriculture unit quits By Reuters

© Reuters. FILE PHOTO: Brand of Bayer AG is pictured on the annual outcomes information convention of the German drugmaker in Leverkusen, Germany February 27, 2019. REUTERS/Wolfgang Rattay

FRANKFURT (Reuters) – Bayer (OTC:) stated on Tuesday the pinnacle of its crop science unit, Liam Condon, would stop on the finish of the yr to pursue different profession alternatives, following disappointing outcomes earlier this yr.

The German maker of prescribed drugs and agricultural provides stated Rodrigo Santos, the Crop Science division’s chief working officer, would take over from Condon on Jan. 1.

Bayer additionally reported that third-quarter earnings earlier than curiosity, tax, depreciation and amortisation (EBITDA) earlier than particular gadgets rose 16.4% to 2.09 billion euros ($2.41 billion), up from 1.8 billion a yr earlier and surpassing a median analyst forecast of 1.94 billion.

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