Brazil Potash Corp. appoints Mayo Schmidt as Executive Chairman of the Board of Directors

Mr. Schmidt's appointment follows Brazil Potash's recent initial public offering and listing on the NYSE American and coincides with the company's advancement toward construction of its Autazes Potash Project.

"Mayo’s appointment represents a significant milestone in Brazil Potash's corporate development," said Matt Simpson, Chief Executive Officer of Brazil Potash. "His distinguished record building global agricultural businesses and deep expertise in the fertilizer sector are invaluable. We look forward to benefiting from his vast experience as the company progresses in its next phases of growth as we aim to build Brazil's premier domestic potash supplier."

Mr. Schmidt added, "Brazil Potash presents an extraordinary opportunity to address a critical component of global food security. The company's strategic position – with its construction-ready status and strong stakeholder support – creates a compelling platform to develop a crucial domestic supply of potash for Brazil's agricultural sector. I look forward to working alongside the Board and management team to advance this strategically vital project."

Mr. Schmidt's distinguished career spans three decades of transformational leadership in global agriculture, energy, and supply chain management. Most recently as Chairman of the Board for VersaCold, Canada's largest temperature-sensitive supply chain company.

From 2013 to 2021, Mr. Schmidt served in a number of roles with Nutrien Ltd., the world's largest fertilizer manufacturer with a ~US$34 billion market capitalisation, including as Board Member, as Chairman, as well as one year as transitional President and CEO. During his tenure he guided as Chair of the Board merger committee the transformative merger of Agrium Inc. and PotashCorp. From 2015 to 2018, as President, Chief Executive Officer and Director of Hydro One, Mr. Schmidt led one of Canada's largest IPOs while achieving over US$250 million in cost reductions. Previously, as President, CEO and Director of Viterra Inc. from 2000 to 2012, he was the architect of the transformation of Saskatchewan Wheat Pool from a regional cooperative into a US$7.3 billion global agriculture and food processing corp., completing over 20 accretive acquisitions and expanded to 14 countries on 4 continents. Prior to these executive roles, Mr. Schmidt held senior management positions at Fortune 100 companies including General Mills, Inc. and ConAgra, Inc.

Read the article online at: https://www.worldfertilizer.com/project-news/18122024/brazil-potash-corp-appoints-mayo-schmidt-as-executive-chairman-of-the-board-of-directors/