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Nutrien launches CEO search amid Mayo Schmidt exit

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Mayo Schmidt has left his position as president and CEO of Nutrien Ltd. announced Jan. 4. Schmidt has also resigned from the company’s board of directors. Ken Seitz, executive vice president and CEO of Potash, has been named interim CEO.

Schmidt assumed the president and CEO roles at Nutrien in April 2021. The company did not provide a reason for his exit.

Seitz joined Nutrien as executive vice president and CEO of Potash in 2019. He brings over 25 years of global management experience working across more than 60 countries, with a deep background in the agriculture and mining sectors.

As former president and CEO of Canpotex, one of the world’s largest suppliers of potash, Seitz has extensive experience in global fertilizer marketing and logistics, and strong connections within the industry. He holds a Bachelor of science in agriculture, a Bachelor of engineering, and a Master of business administration from the University of Saskatchewan (Canada). He is a professional engineer with the Association of Professional Engineers and Geoscientists of Saskatchewan and is a professional agrologist with the Saskatchewan Institute of Agrologists. Seitz also holds a certificate in management from the Stern School of Business at New York University.

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