Mayo Schmidt has left his position as president and CEO of Nutrien, the company says.
Schmidt stepped in as CEO in April, 2021, after Chuck Magro left the position. Magro saw the company through its merger of PotashCorp and Agrium.
Ken Seitz, executive vice president and CEO of Potash, has been named the company’s interim CEO.
Seitz joined Nutrien in this previous role in 2019. He brings over 25 years of global management experience working across more than 60 countries, including serving as president and CEO of Canpotex, one of the world’s largest suppliers of potash. He is also a professional agrologist with the Saskatchewan Institute of Agrologists.
The company says it will work with an executive search firm to begin a global search to select a “long-term leader that will take the company into its next phase.”
Nutrien produces and distributes 27 million tonnes of potash, nitrogen, and phosphate products world-wide.