CF Industries Holdings Inc. has announced that its Board of Directors has elected John W. Eaves, CEO of Arch Coal Inc., and Michael J. Toelle, owner of T&T Farms and former board chairman of CHS, Inc., as independent directors of the company.
The elections of Mr. Eaves and Mr. Toelle bring membership of the CF Industries Holdings Inc. Board of Directors to 12. They are expected to stand for re-election by stockholders at the company’s 2018 Annual Meeting.
“We are pleased to welcome John and Michael to the CF Industries’ Board,” said Stephen A. Furbacher, Chairman of the board, CF Industries Holdings Inc. “John’s extensive knowledge of the global coal industry and Michael’s deep agricultural experience, along with their demonstrated leadership and understanding of commodity cycles, will benefit the Board and our management team greatly. We look forward to their insights and perspectives as we work together to create long-term value for our stockholders.”