An government acquainted to many in Canadian agriculture has been tapped to guide Saskatchewan-based crop enter and fertilizer big Nutrien Ltd.
Mayo Schmidt has been appointed president and chief government officer of Nutrien, efficient instantly, in line with a press release issued by the corporate on April 18.
Schmidt is well-known for overseeing the Saskatchewan Wheat Pool’s evolution into the multinational grain firm Viterra from 2000 to 2012. He was additionally the CEO of Hydro One, Ontario’s energy utility, from 2015 to 2018. He has served because the chair of Nutrien’s board of administrators since Could 2019.
The corporate says Chuck Magro, who served as Nutrien’s president and CEO for the reason that firm’s formation via the merger of Agrium and PotashCorp in 2018, has stepped all the way down to pursue different alternatives. He was Agrium’s chief government previous to the merger.
The board of administrators has additionally named Russ Girling, former president and CEO of TC Vitality, as its new chair.
Nutrien owns the world’s largest community of crop enter retailers, and is the biggest producer of potash and the third largest producer of nitrogen fertilizer on this planet, using round 27,000 folks.
The corporate is slated to launch its first quarter earnings outcomes on Monday, Could 3.