Monsanto has named Tom Hartley as Vice President and Treasure effective December 8, 2008, as a replacement for Robert Paley who would retire from the company effective January 31, 2009.

In order to have an orderly transition, Paley will serve Monsanto as Special Assistant and Advisor to the Chief Financial Officer through January 31, 2009.

Most recently, Hartley was Director, International Finance for the company. He joined Monsanto's predecessor in January 1992 and has had finance experience supporting Monsanto's commercial business and technology organisations. Hartley also has experience in the company's controllership, treasury, financial reporting and accounting departments. Prior to joining Monsanto, he was a Manager with Deloitte & Touche, LLP. Hartley holds B.S. and M.B.A. degrees from Duke University. He is also a Certified Public Accountant.

Paley joined Monsanto's predecessor in June 1970 as a Manufacturing Cost Analyst. He served in a variety of roles at the company, including numerous positions in the finance organization, as well as positions in human resources, product management, sales, mergers and acquisitions, and strategic planning. Paley served as a vice president and the company's treasurer since 2002.

Monsanto is a global provider of technology-based solutions and agricultural products that improve farm productivity and food quality.