Agrium Inc.’s board of directors has appointed Agrium’s Chief Operating Officer Chuck Magro to succeed Mike Wilson as CEO upon his retirement, which will be effective Dec. 31, 2013. Magro will join the Agrium board immediately.
“I am confident that with Chuck’s leadership skills and industry experience, combined with the strength of our executive leadership team, the company will continue to build on Agrium’s high performance culture to drive operational excellence and bring value to all of our key stakeholders,” said Mike Wilson, Agrium president and CEO.
“On behalf of the entire board of directors, I would like to express my thanks to Mike for his drive, dedication and leadership in implementing our integrated strategy and very successful expansionary phase that was envisioned nearly a decade ago. The success of our strategy has resulted in Agrium’s share price increasing by over 500 percent in the past decade,” said Board Chair Victor Zaleschuk. “We are pleased Mike has agreed to remain on the Agrium board until the next Annual General Meeting.”
Magro was appointed chief operating officer in 2012. Prior to this, he held the role of executive vice president, corporate development & chief risk officer and was responsible for a number of core areas within Agrium. He joined Agrium following an extensive career with Nova Chemicals, a major petrochemical manufacturer.
He has a Bachelor of Applied Science (Chemical Engineering) from the University of Waterloo and an MBA from the University of Windsor.