$11.7 billion agricultural product developer Monsanto announced in a regulatory filing that its vice president and controller, Richard Clark, plans to step down, effective Dec. 7.

At that time, he will serve as special assistant to CFO and Executive Vice President Carl Casale, until Clark retires Jan. 29, 2010, the company said.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...