Nutrien Ltd., Saskatoon, announced Sept. 24 that Jochen Tilk will be stepping down as executive chair and as a director of the company, effective Sept. 30, 2018, to pursue other opportunities. Nutrien said Tilk’s key objectives are well on track and he and the board have decided that it would be the right time to hand over the leadership of the board to an independent chair.
Tilk was the president and CEO of Potash Corp. of Saskatchewan Inc., prior to its merger with Agrium Inc. to form Nutrien.
Effective Sept. 30, Nutrien’s current Lead Director Derek Pannell will assume the role of non-executive chair of the board through the 2019 annual general meeting (AGM). It is expected that the plans regarding the new independent chair, post the 2019 AGM, will be contained in the proxy circular for that meeting.