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Nutrien CEO Mayo Schmidt resigns, interim CEO named

Nutrien Allan Potash Facility. Photo provided by Nutrien.

Nutrien Ltd. announced January 4, 2021 that Mayo Schmidt, the company’s president and CEO, has left his position with Nutrien and resigned from the company’s board. Ken Seitz, executive vice president and CEO of Potash, will replace Schmidt as interim CEO. Seitz joined Nutrien in 2019, having previously worked as the president and CEO of Canpotex.

“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,” said Seitz.

Schmidt was appointed to the president and CEO role on April 19, 2021, replacing outgoing president and CEO Chuck Magro. Schmidt joined the Nutrien board of directors in May 2019. He previously served as the president and CEO at Viterra Inc., and as president and CEO at Hydro One Ltd.

“On behalf of the Board of Directors and the Nutrien team, I would like to thank Mayo Schmidt for his years of service to the organization. We wish him the best in his next endeavors,” said Russ Girling, chair of the Nutrien Board of Directors in the company’s announcement of the change.

Nutrien is the world’s largest provider of crop inputs and services, with corporate offices in Saskatoon and Calgary.