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EXECUTIVE APPOINTMENTS ANNOUNCED AT SEARLE

 CHICAGO, July 28 /PRNewswire/ -- Three senior executives are being named to new positions at Searle, a wholly owned subsidiary of Monsanto Co. (NYSE: MTC), effective Aug. 1. The changes are:
 -- Grant W. Denison Jr. has been appointed corporate senior vice
 president, business development, and president, consumer
 products, reporting to Dr. Sheldon G. Gilgore, Searle chairman
 and chief executive officer.
 -- Dr. Frank J. Steinberg has been appointed vice president,
 corporate licensing, reporting to Denison.
 -- Jane E. Rady has been appointed president of Lorex, Searle's
 North American joint venture with the French company
 Synthelabo. Rady will report to De Schutter.
 "These changes further refine the focus of our corporate resources on critical strategic issues and continue Searle's ongoing process of human resource development by broadening the experience base of our key executives," said Dr. Sheldon Gilgore, Searle chairman and chief executive officer.
 Denison is rejoining Searle from Monsanto, where he was corporate vice president, corporate planning. Prior to his assignment with Monsanto, Denison was Searle corporate vice president and president, U.S. operations, a position he held until 1989. He joined Searle in 1986.
 Steinberg joined Searle in 1987 as president of Lorex. Prior to joining Searle, he was vice president of medical affairs at Abbott Laboratories.
 Rady joined Searle in 1986 as senior director, project management and coordination and most recently served as vice president, corporate licensing and business development. Prior to joining Searle, she held the position of director, new business and venture capital at Monsanto.
 Searle is a developer, manufacturer and marketer of prescription pharmaceuticals worldwide.
 -0- 7/28/93
 /CONTACT: Jack Domeischel, 708-470-6720, or Jeff Newton, 708-470-6280, both of Searle/
 (MTC)


CO: Searle ST: Illinois IN: MTC SU: PER

TM -- NY122 -- 7010 07/28/93 18:17 EDT
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Publication:PR Newswire
Date:Jul 28, 1993
Words:290
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