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Nutrien searching for new CEO after Mayo Schmidt steps down
Global News
Details on Mayo Schmidt’s departure from Saskatoon-based Nutrien have not been released by the company.
Mayo Schmidt has stepped down as president and CEO of Nutrien.
The Saskatoon-based fertilizer company said Tuesday that Schmidt has also resigned from its board of directors.
Ken Seitz has been named the company’s interim CEO.
“Nutrien has delivered exceptional results in 2021 and is well-positioned to continue this strong momentum into 2022,” said Russ Girling, chair of Nutrien’s board of directors.
“Nutrien has a talented and deep executive team, and we are confident that Ken Seitz and this team will continue to build on the organization’s record financial and operating performance.”
The company said Seitz has extensive global leadership experience in the agriculture and mining industries and is positioned to lead Nutrien during the transition.
“I look forward to working with the executive leadership team, our tremendous employees and the board of directors to execute on our plan, continue this exciting progression across our business to serve our stakeholders, and deliver on our commitment to advance sustainable solutions to feed a growing world,” Seitz said in a statement.
Seitz joined Nutrien in 2019 as executive vice-president and CEO of Potash. He is the former president and CEO of Canpotex, which markets potash to the world for Mosiac and Nutrien.