Having served since September 2007, Dr. Zhao Jiuran has resigned from Agria Corporation's board of directors, effective Nov. 19.
"We appreciate the substantial contributions made by Dr. Zhao to the success of Agria," said executive chairman Alan Lai. "His expertise in genetic breeding and industrialization of maize contributed to our leadership position in the PRC seeds market. We understand his desire to devote more time and attention to his academic pursuits and official duties, and wish him success in his future endeavors."
With Jiuran gone, the company's compensation committee is made up of two independent directors: Wah Kwong Tsang and Sean Shao.
Agria Corporation operates primarily in the seeds and agriservices markets, with operations in China, South America, New Zealand and Australia.