Brazil Potash Corp. announced the appointment of Mayo Schmidt as Executive Chairman of its Board of Directors, effective January 6, 2025. Mr. Schmidt previously served as Chairman and Chief Executive Officer of Nutrien Ltd., the world's largest fertilizer manufacturer.
This leadership change sees Stan Bharti, who served as Executive Chairman, transition to the role of Chairman of the Company's Advisory Board. Mr. Schmidt's extensive executive leadership experience spans global agriculture, fertilizer manufacturing, and public company governance, which is expected to be a significant asset for Brazil Potash.
CEO Matt Simpson stated that Mr. Schmidt's distinguished record in building global agricultural businesses and his deep expertise in the fertilizer sector are invaluable as the company progresses its Autazes Potash Project. This appointment is seen as a significant milestone in Brazil Potash's corporate development, aiming to build Brazil's premier domestic potash supplier.
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