Nutrien names Schmidt CEO as Magro departs fertiliser maker
Nutrien, the world’s largest fertilizer maker, named Mayo Schmidt its new CEO, replacing Chuck Magro, who stepped down to pursue new opportunities.
Magro will be available to the company until May 16 to facilitate a smooth transition, the Saskatoon, Saskatchewan-based company said in a statement Sunday night.
For Schmidt, who briefly played for the Miami Dolphins in the 1980s, it’s his third opportunity to run a public company in Canada. He took over agricultural company Saskatchewan Wheat Pool and rebuilt it after a wrenching restructuring under a new name, Viterra Inc., before it was bought by Glencore in 2012. Later he became CEO of Hydro One, an electrical utility in Ontario.
“Mayo is a remarkable leader who is committed to our values of safety and integrity, our purpose and our strategy focused on sustainably feeding the world,” Russ Girling, Nutrien’s new chairman, said in a statement.
Nutrien was formed in 2018 from the merger of two large Canadian agriculture firms, Potash Corp of Saskatchewan and Agrium, with Magro as CEO. In addition to its vast potash, nitrogen and phosphate operations, the company owns a network of 2,000 retail outlets selling fertilizer, seed and other farm products in the Americas and Australia.
Nutrien shares are up 14% this year, outpacing the Canadian stocks benchmark index. Potash producers have rallied recently after an Indian potash importer agreed to a surprise price increase.
“I have enjoyed every moment of my time at Nutrien, and I wish the company and its people continued success,” Magro said in a statement. “I look forward to working with Mayo over the coming weeks to support a seamless transition and to my next adventure.”
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Showroom
Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.
VISIT SHOWROOM
Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
