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Nutrien CEO Mayo Schmidt Resigns; Ken Seitz Named Interim CEO

January 04, 2022 at 08:41 am

By Matt Grossman

Nutrien Ltd.'s chief executive, Mayo Schmidt, has resigned from the company and left its board of directors, the Canadian maker of agricultural products said Tuesday.

Nutrien named Ken Seitz as its interim CEO. Mr. Seitz serves as CEO of the Nutrien division responsible for potash.

A search for Mr. Schmidt's permanent replacement, aided by an executive-search firm, will include internal and external candidates, Nutrien said.

Mr. Seitz joined Nutrien three years ago. He previously led another large supplier of potash, Canpotex Ltd.

Write to Matt Grossman at matt.grossman@wsj.com

(END) Dow Jones Newswires

01-04-22 0841ET

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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