The Mosaic Co. on Aug. 29 announced that James “Joc” O’Rourke intends to retire and that Mosaic’s Board of Directors has unanimously elected Bruce Bodine, 52, currently Senior Vice President – North America, to succeed him as the company’s CEO on Jan. 1, 2024.
O’Rourke relinquished the title of President effective immediately and will resign as CEO and a member of the Mosaic Board of Directors effective Dec. 31, 2023, after which he will serve as a Senior Advisor until mid-2024. Bodine has been elected President of the company and a member of the Mosaic Board of Directors effective immediately.
O’Rourke has helmed Mosaic since August 2015, when he succeeded James Prokopanko as President and CEO (GM May 18, 2015). He joined Mosaic as Executive Vice President – Operations in 2009 and added the role of COO to his title in 2012.
“Joc’s leadership over the past eight years strengthened Mosaic,” said Greg Ebel, Chairman of Mosaic’s Board of Directors. “The company today is larger, more geographically diverse, more resilient, and in excellent financial condition. My fellow directors join me in wishing him all the best as he transitions to a well-deserved retirement. The board has full confidence in Bruce and the other members of Mosaic’s talented Senior Leadership Team. Together they will build on Joc’s legacy of success on behalf of all Mosaic stakeholders.”
“I am proud of Mosaic’s accomplishments over the past decade, and I know Bruce will lead the company to still greater success,” said O’Rourke. “It has been a tremendous privilege to serve as President and CEO alongside Mosaic’s thousands of exceptionally talented people around the world.”
Bodine has worked for Mosaic and its predecessor company for many years and held several executive roles, including Senior Vice President – Potash, Senior Vice President – Phosphates, and Vice President – Supply.
Also on Aug. 29, Mosaic’s Board expanded its size from 11 to 12 seats and elected Bodine to fill the newly created vacancy and serve as a director for a term expiring at the 2024 annual meeting of stockholders.
Bodine also serves as a director of MVM Resources International BV, the general partner of Compania Minera Miski Mayo SRL, the joint venture that operates the Miski Mayo phosphate mine in Peru in which Mosaic holds a 75% interest.