CF Industries CEO Wilson To Retire

CF Industries Holdings, Inc. has announced that its Chairman and CEO Stephen R. Wilson has informed the company’s board of directors that he plans to retire as CEO effective January 1, 2014. W. Anthony Will, Senior Vice President, Manufacturing and Distribution, has been selected to succeed Wilson at that time. Wilson will remain a director of the company and serve as non-executive chairman.

“This transition is the culmination of a rigorous succession planning process undertaken by the board of directors over a number of years. The board has focused on developing strong management talent and we are confident that Tony Will has the right experience and capabilities to lead CF Industries,” said Wilson. “Tony has been a key player in the evolution of the company since we recruited him following his experiences at several consulting and corporate organizations. I am confident in Tony’s ability to continue to execute our focused strategy of creating value through our nitrogen fertilizer platform,” he continued.

Will, 48, joined CF Industries in 2007 as the company’s first vice president, corporate development. He led the company’s acquisition of its 50% interest in Keytrade, played a major role on the core team that executed the Terra Industries acquisition in 2010 and led the successful integration of the five Terra manufacturing facilities with the legacy CF Industries operations. He was promoted to his present position in 2009 and has been responsible for annual production of 15 million tons of fertilizer and its distribution through some 70 locations. Will had a prominent role in developing the company’s capacity expansion strategy and currently is responsible for its execution.

Wilson, 64, has been an officer of CF Industries for nearly 23 years. He joined the company as chief financial officer in 1991 and was named CEO in 2003. He was elected a director and appointed chairman in 2005 upon completion of the company’s initial public offering. Under his leadership, the company was transformed from a cooperative to a public company, acquired and successfully integrated Terra Industries and currently is executing a significant expansion of its North American nitrogen platform. Today CF Industries is the second largest nitrogen fertilizer producer in the world and its market capitalization has increased from about $880 million in 2005 to over $11 billion as the share price rose from $16 to $194, an increase of some 1100%.

Stephen A. Furbacher, Lead Independent Director, commented, “The accomplishments of CF Industries over the past decade reflect Steve Wilson’s strong leadership in establishing a culture of safety, integrity and operational excellence, in developing and executing strategy and in attracting and developing the management talent that has positioned the company for a smooth CEO transition.”

Leave a Reply

Fertilizer Stories

Illinois Researchers
FertilizerMeasure Of Age In Soil Nitrogen Could Help Precision Agriculture
July 26, 2016
What’s good for crops is not always good for the environment. Nitrogen, a key nutrient for plants, can cause problems Read More
Corn Field
FertilizerPhosphorus: Complex, Inefficient, Essential
July 12, 2016
Submitted by Verdesian Life Sciences Managing phosphorous for optimum plant uptake and increased yield potential is no easy task. “Because of Read More
Hypoxic zone Gulf of Mexico
Fertilizer“Grand Challenge”: $1 Million Prize Offered For Best In-Field Solution To Hypoxia
July 11, 2016
Hypoxic “dead zones” are a continuing problem in areas ranging from Lake Erie to the Gulf of Mexico and beyond, but Read More
Crop InputsExperts Predict 2016 Lake Erie Harmful Algal Bloom ‘Less Severe’ (w/Gallery)
July 8, 2016
As sun-drenched media members and various other dignitaries crowded around the back deck of the docked Bio-Lab – bobbing gently Read More
Trending Articles
Heritage Cooperative
Retail FacilitiesKahler Automation Designs State-Of-The-Art Facility For Heritage Cooperative
July 4, 2016
Heritage Cooperative in Marysville, OH, needed an efficient liquid, dry and grain facility to serve the many needs of their Read More
The Andersons Waterloo
ManagementFirst Indiana Facility Certified Under 4R Nutrient Stewardship Certification Program
June 27, 2016
The 4R Nutrient Stewardship Certification Program has announced that The Andersons, Inc.’s Waterloo, IN, facility has been added to its Read More
Food IT
Industry NewsCalifornia Event Will Mix Ag And Tech Professionals To Explore IT Solutions
June 20, 2016
Silicon Valley is hot on agriculture, and an upcoming event in California will bring together the food and tech industries Read More
Monsanto Luling Plant
Eric SfiligojWhat’s Next For Monsanto?
May 31, 2016
For the folks at Monsanto’s headquarters in St. Louis, MO, it has been an eventful few weeks. Back on May Read More
Soybean Plant closeup
Industry NewsMonsanto Rejects Bayer Bid; Open To More Talks
May 25, 2016
Monsanto Co, the world’s largest seed company, turned down Bayer AG’s $62 billion acquisition bid as “incomplete and financially inadequate” Read More
Eric SfiligojPity The Monsanto Haters
May 23, 2016
An old saying goes thus: “Be careful what you wish for. You just might get it.” Given current events, there Read More
Latest News
Illinois Researchers
FertilizerMeasure Of Age In Soil Nitrogen Could Help Precision Ag…
July 26, 2016
What’s good for crops is not always good for the environment. Nitrogen, a key nutrient for plants, can cause problems Read More
Kochia
Crop InputsNufarm Launches New Herbicide for Resistant Kochia
July 25, 2016
Nufarm introduces Scorch herbicide for U.S. farmers and ranchers combating a broad range of troublesome broadleaf weeds. A unique premix Read More
ManagementNew Rabobank Report Calls for Farmer ROI Focus
July 25, 2016
As U.S. row crop farmers brace themselves for a third year of negative margins, Rabobank believes farmers must lower the Read More
Syngenta Sign
Crop InputsBloomberg: Syngenta-Chem China Deal on Track for Regula…
July 25, 2016
Syngenta AG, which has agreed to be taken over by China National Chemical Corp. for $43 billion, said talks with Read More
ManagementGROWMARK Meeting Visit, Company Takeover Updates, and R…
July 22, 2016
Editors Paul Schrimpf and Eric Sfiligoj discuss their recent speaking engagement at GROWMARK’s eastern event, crop protection company merger rumors, Read More
Crop InputsMonsanto: EU Approves Roundup Ready 2 Xtend Imports
July 22, 2016
Monsanto Co. announced today that the European Commission has granted import approval for Roundup Ready 2 Xtend soybeans. This milestone Read More
Syngenta headquarters in Basel, Switzerland
Crop InputsSyngenta Announces Alfalfa Seed Split Off
July 22, 2016
On September 1, 2016, Syngenta will transfer sales and distribution of alfalfa seed to the NEXGROW branded business that is Read More
Dow DuPont
Crop InputsDuPont, Dow Shareholders Approve Merger
July 21, 2016
DuPont and The Dow Chemical Company announced that, at their respective special meetings of stockholders held today, stockholders of both Read More
ManagementLand O’Lakes Announces SUSTAIN Business Unit, Oth…
July 20, 2016
Land O’Lakes, Inc. today announced the formal organization of a new business unit, SUSTAIN, and its leadership. SUSTAIN will focus Read More
Monsanto Luling Plant
Crop InputsReport: Bayer Shareholder Proposes Monsanto ‘Host…
July 20, 2016
One of Bayer AG’s top 20 shareholders said Wednesday it may make sense for the life-science company to launch an Read More
Young Corn Closeup
Industry NewsNew Leaf Symbiotics Snags Former Monsanto Microbials Le…
July 20, 2016
NewLeaf Symbiotics, announced today the appointment of Dr. Janne Kerovuo as Vice President for Research and Discovery.  Dr. Kerovuo comes Read More
Corn and ditch
ManagementStudy: Saturated Buffers Reduce Nitrates From Subsurfac…
July 19, 2016
The Agricultural Drainage Management Coalition (ADMC), Agricultural Drainage Management Systems Task Force and Dr. Dan Jaynes with the National Laboratory Read More
Case sprayer nozzle closeup
EquipmentAgronomists, CCAs, Custom Applicators Invited To FSR Ag…
July 19, 2016
Agronomists, Certified Crop Advisers (CCA) and custom applicators can stay current on agronomy issues on the grounds of the Farm Read More
Soybean Field
LegislationOhio Soybean Association Names Brian Hill Legislator Of…
July 19, 2016
The Ohio Soybean Association (OSA) has announced that State Representative Brian Hill (R-Zanesville) has been named one of two Legislators of Read More
Eric SfiligojThe Latest Monsanto Rumors: A Game Of Tones
July 18, 2016
When companies are engaged in the back-and-forth of the acquisition game, the tone of their various announcements is always important. Read More
Nozzle spray close-up
AdjuvantsWest Central Distribution Introduces New Elite Family O…
July 14, 2016
West Central Distribution recently released a new line of Elite adjuvants to work alongside the new herbicide technologies that combat Read More
Bayer sign
Crop InputsBayer Makes New Offer For Monsanto
July 14, 2016
Bayer AG boosted its takeover offer for Monsanto Co. to about $65 billion in a bid to overcome the U.S. Read More
ManagementAn Update on Water
July 14, 2016
CropLife Editors Eric Sfiligoj and Matthew Grassi discuss agricultural water issues in conjunction with a recent field trip in Ohio. Read More