SEATTLE (AP) -- A day after its previous agriculture leader was sworn in to take over the United States Agency for International Development, the Bill & Melinda Gates Foundation has announced a new director for agriculture development.

Sam Dryden, a managing director of New York-based Wolfensohn & Company, will take over the program Feb. 1.

Dryden has 25 years of experience as an investor and entrepreneur in the life sciences. He has served on a number of international boards and commissions focused on agriculture development, economic development and food security.

Dryden previously was chair and CEO of Emergent Genetics, which developed and marketed technologically enhanced seeds.

Dryden replaces Rajiv Shah, who was sworn in Thursday as the administrator for USAID.

Copyright 2010 The AP.

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