Ken Seitz, who took over in January as interim
chief executive officer of Nutrien has been confirmed in that position for the
future.
He took over from Mayo Schmidt who lost support
from the board of directors.
Seitz grew up on a dairy farm in Saskatchewan
and is heading Nutrien during chaotic times = COVID=19, supply chain
disruptions, Russia’s invasion of Ukraine.
The company announced in June that is would
increase potash production by 20 per cent.
It’s quarterly profit doubled to $3.6 billion,
but it has cautioned investors that it expects
a decline is coming, mainly because it is having challenges meeting
nitrogen demand.
Nutrien said “under Mr. Seitz’s leadership,
Nutrien has achieved record results, delivered bold actions in response to
changes in agricultural markets, advanced the organization’s sustainability
strategy and brought together key parties to help navigate unprecedented global
food security challenges.”
