Corteva’s board of directors announced October 28 the appointment of Chuck Magro as the company’s new chief executive officer.
Effective November 1, 2021, Magro will also join Corteva’s board of directors.
Most recently, Magro served as chief executive officer of Nutrien from the company’s launch in 2018 until April 2021. He joined Agrium in 2009 following a productive career with NOVA Chemicals. Magro succeeds James “Jim” Collins Jr. in the role.
Greg Page, independent chairman of Corteva, says Magro’s track record will provide significant leadership to the company.
“During nearly a decade of strong leadership at Nutrien and its predecessor Agrium, Chuck led the creation and integration of the world’s largest crop inputs, services, and solutions company and established a culture with a clear commitment to operational excellence and advancing sustainable agriculture solutions,” Page says. “Our board is confident he is the right leader to carry our strong momentum forward and create significant near and long-term shareholder value.”
Corteva is also thanking Jim Collins for his “indelible contributions while leading Corteva’s formation and first two years as an independent company,” adding, “As a result of Jim’s efforts and clear vision, Corteva has the culture, capabilities, and strategy in place to capitalize on its unique value creation opportunity moving forward.”
