Garrett Lofto has been named president of the J.R. Simplot Co.’s AgriBusiness Group. Lofto succeeds Bill Whitacre, who in February of this year was named CEO-elect of the J.R. Simplot Co. Lofto joined Simplot in 1992 as a crop advisor for the Morris, Manitoba area. He has held numerous leadership positions in the AgriBusiness Group, including his most recent role as vice president of wholesale sales.
Lofto holds a bachelor of science degree in agriculture from the University of Manitoba, Canada, and an MBA from the University of Phoenix.
Effective Aug. 1, 2009, Intrepid Potash Inc. will be relocating the sales and marketing division from Arlington, Texas, to Denver, Colo. R.L. Moore will continue in his role as senior vice president of the division and will relocate to Denver. Scott Johnson has been promoted to director of sales and marketing for New Mexico, and will be responsible for both potash and Trio products. Ken Heisel will continue in his role as director of Utah sales and marketing.
CVR Energy Inc. reports that Edward Morgan will become its chief financial officer during the week beginning May 11, 2009. He replaces Tim Rens, who announced his resignation earlier this year.
Morgan has spent the past seven years at Delek U.S. Holdings Inc., Brentwood, Tenn., having been the CFO for its operating segments for the past five years. Prior to Delek, Morgan was director of treasury operations with American Homepatient Inc. From 1993 to 1997, Morgan worked for Deloitte & Touche on various industrial and service company client engagements. Morgan holds a bachelor’s degree in accounting from Mississippi State University and a master’s degree in accounting from the University of Tennessee. Morgan will be located at CVR Energy’s headquarters in Sugar Land, Texas.
Incitec Pivot said April 22 that Managing Director and CEO Justin Segal has tendered his resignation for family reasons and will be taking a position in Sydney. He will leave the company May 8.
James Fazzino, finance director and CFO, will be acting CEO while the company searches for a replacement for Segal.
Segal will be joining oil refiner Caltex Australia Ltd. as its new CEO, replacing Des King, who will be returning to the U.S. when his current contract expires June 30 after approximately three years with the company.
Hanfeng Evergreen Inc., Toronto, on April 20 announced the resignation of Tony Busseri as executive vice president of the company. Busseri has been an officer of Hanfeng since January 2009, and plans to pursue other interests. “I would like to express my sincere thanks to Tony for his contribution to Hanfeng, and we wish him the very best in his future endeavors,” said Xinduo Yu, Hanfeng president and CEO.
Correction: In the Green Markets dated April 20, page 11, The Fertilizer Institute’s Vice President, Scientific Programs, should have been identified as William C. (Bill) Herz, MPH.