BEIJING, Oct 26, 2009 (MARKETWIRE via COMTEX) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria") today
announced the appointment of John Layburn as Chief Strategy and
Compliance Officer, effective October 23. John will be responsible
for leading Agria's teams in the areas of establishing and
implementing corporate strategy and compliance policies and processes.
He will report to Mr. Xie Tao, the Company's Chief Executive
Officer.
Xie Tao, Agria's Chief Executive Officer, commented, "While at
PricewaterhouseCoopers, John was a key member of its China Advisory
practice, which I led before joining Agria. I can personally attest
to his depth of experience, professional skills and knowledge base.
I am very pleased that he has agreed to join Agria at this important
juncture of Agria's development."
Prior to joining Agria, John Layburn worked for
PricewaterhouseCoopers ("PwC"), the international accounting and
consulting firm, for eleven years. He was initially based out of
PwC's London office, followed by four years in the company's Beijing
office. John has served a wide range of clients ranging from large
multi-national companies to entrepreneurial investors advising on
strategic reviews, turnaround situations, and investment and
divestment processes. While in China, he has specialised in advising
both multinational companies on their business activities in China
and Chinese companies on their overseas operations. John holds a
masters degree in mathematics from Oxford University.
About Agria Corporation
Agria Corporation (NYSE: GRO) is an innovative China-based
agri-solutions provider focusing on research and development,
production and distribution of three different types of upstream
agricultural products. Its diversified portfolio of products
comprises corn seeds, sheep breeding and seedlings, including
proprietary products. For more information about Agria Corporation,
please visit www.agriacorp.com.
Safe Harbor Statement:
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "confident" and similar statements. Agria
may also make written or oral forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission on
Forms 20-F and 6-K, etc., in its annual report to shareholders, in
press releases and other written materials and in oral statements
made by its officers, directors or employees to third parties.
Statements that are not historical facts, including statements about
Agria's beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and uncertainties.
A number of important factors could cause actual results to differ
materially from those contained in any forward-looking statement.
Potential risks and uncertainties include, but are not limited to,
those risks outlined in Agria's filings with the U.S. Securities and
Exchange Commission. All information provided in this press release
is as of the date of this announcement unless otherwise stated, and
Agria does not undertake any obligation to update any forward-looking
statement, except as required under applicable law.
Contacts:
In China:
John Layburn
Chief Strategy and Compliance Officer
China Tel: 86-10-8438 1031
john.layburn@agriacorp.com
In the U.S.:
David Pasquale
Senior Vice President
U.S. Tel: +914-337-1117
david.pasquale@agriacorp.com
SOURCE: Agria Corporation
mailto:john.layburn@agriacorp.com
mailto:david.pasquale@agriacorp.com