The Harvard Business Review (HBR) has selected Monsanto CEO Hugh Grant as one of the world’s 50 best-performing CEOs. The list is included in the January/February 2010 issue of Harvard Business Review. Grant comes in at number 10.
“Today boards of directors, senior managers, and investors intensely want to know how CEOs handle the ups and downs of running businesses over an extended period. Many executive compensation plans define the ‘long term’ as a three-year horizon, but the real test of a CEO’s leadership has to be how the company does over his or her full tenure.”
Data was collected from nearly 2,000 CEOs worldwide.
Hugh was named Monsanto chairman, president and chief executive officer in 2003. Under his leadership, Monsanto has become a leading seed-and-trait provider in large-acre crops, including corn, cotton and oilseeds. We also have a thriving business in small-acre crops through our Seminis and De Ruiter vegetable seed brands. Monsanto’s biotechnology products, which include Roundup Ready soybeans, corn and cotton, Bollgard insect-protected cotton and the YieldGard family of insect-protected corn products, are widely used and favored by farmers all over the world.
Perhaps more importantly, Hugh articulated a new direction driving to the heart of our operating philosophy. Recognizing the increased demands a growing population and changing climate are placing on global agriculture, in 2008 Monsanto launched an initiative to help farmers double the amount of corn, soybean and cotton crops they produce by 2030, while using fewer precious resources including land, water and energy.
See Hugh Grant talking about Monsanto’s effort to help farmers grow yield sustainably here.
Under Hugh’s leadership, Monsanto has also increasingly relied on building partnerships to achieve commercial, environmental and social humanitarian goals.
By providing tools that help farmers to produce more, conserve more and improve lives, Monsanto has doubled in size during Grant’s tenure and is also on track to double gross profit between 2007 and 2012.Monsanto’s Hugh Grant Named one of the World’s Best-Performing CEOs
*To see recent speeches and presentations from Grant, please visit Monsanto’ s Executive Forum.