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Canada's Nutrien appoints Mayo Schmidt as CEO

April 18, 2021 at 09:58 pm EDT

(Reuters) - Nutrien Ltd said on Sunday that Mayo Schmidt has been appointed as the Canadian fertilizer maker's president and chief executive officer, effective immediately.

Schmidt, who has served as chair of Nutrien's board since May 2019, succeeds Chuck Magro, who is stepping down from hismanagement and board role at the company to pursue "new opportunities", the company said in a statement.

Magro will be available until May 16 to facilitate a transition, it added.

Russ Girling, former President and CEO of TC Energy, has been named chair of the Nutrien board.

With Magro's resignation from the board, the board decided to reduce the number of directors from 12 to 11, the company said.

(Reporting by Kanishka Singh in Bengaluru; Editing by Shailesh Kuber)

Mayo Schmidt

Mr. Mayo M. Schmidt is a President, Chief Executive Officer & Director at Nutrien Ltd., a Member at C.D. Howe Institute, a Member-Consumer Food Policy Group at Harvard University and a President & Chief Executive Officer at Agricore United Ltd. He is on the Board of Directors at Canadian Electricity Association, Province of Saskatchewan, Saskatchewan Roughriders, Lincoln Society, Washburn University and Washburn University Foundation. Mr. Schmidt was previously employed as a President, Chief Executive Officer & Director by Hydro One Ltd., a President, Chief Executive Officer & Director by Hydro One, Inc., a Chief Executive Officer by Louis Dreyfus Co. BV, a Chairman by Agrium, Inc., a President, Chief Executive Officer & Director by Viterra, Inc., a Member by Business Council of Canada, a President-Operations by ConAgra Foods Canada, Inc., a President, Chief Executive Officer & Director by Hydro One Holdings Ltd., and a Member by The Conference Board, Inc. He also served on the board at Global Transportation Hub Authority and Prairie Malt Ltd. He received his undergraduate degree from Washburn University.

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