Intrepid Potash, Inc. Appoints Hugh E. Harvey, Jr. to Serve on Each of the Board?s Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee, Strategy Committee, and Environmental, Health, Safety, and Sustainability Committee
April 24, 2024 at 05:00 pm EDT
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Intrepid Potash, Inc. appointed Mr. Hugh E. Harvey, Jr. to serve on each of the Board?s Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee, Strategy Committee, and Environmental, Health, Safety, and Sustainability Committee, each effective immediately. The Board considered the independence of Mr. Harvey under New York Stock Exchange (?NYSE?) listing standards and concluded that Mr. Harvey is an independent director under the applicable NYSE standards. Mr. Harvey is the co-founder of the Company and served as a member of the Board from 2007 to 2022, including as Executive Vice Chairman of the Board from 2010 to March 2020 and as Vice Chairman of the Board from March 2020 to February 2022.
From 2007 until his retirement from the Company in 2020, Mr. Harvey served in various management roles, including Chief Technology Officer, Chief Operating Officer, and Executive Vice President of Technology.
Intrepid Potash, Inc. is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products for customers in agriculture, animal feed and the oil and gas industry. Its segments include potash, Trio, and oilfield solutions. Its three primary products are potash, Trio, and water. It also sells salt, magnesium chloride, metal recovery salts, brines, and water that are derived as part of its mining processes. It sells potash into three primary markets: the agricultural market as a fertilizer input, the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes, and the animal feed market as a nutrient supplement. Trio is its specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. It sells water primarily for industrial uses in the oil and gas services industry. Its other oilfield related offerings include caliche, right-of-way agreements, and others.
Intrepid Potash, Inc. Appoints Hugh E. Harvey, Jr. to Serve on Each of the Board?s Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee, Strategy Committee, and Environmental, Health, Safety, and Sustainability Committee