PotashCorp Announces Selection of Jochen Tilk as Next President and CEO

 PotashCorp Announces Selection of Jochen Tilk as Next President and CEO  Tilk to assume CEO role in July 2014; Doyle to continue as Senior Advisor  until June 2015, allowing for planned and seamless transition  Listed: TSX, NYSE Symbol: POT  SASKATOON, April 6, 2014 /CNW/ - Potash Corporation of Saskatchewan Inc.  (PotashCorp) today announced that the Board of Directors has appointed Jochen  Tilk as President and CEO, effective July 1, 2014.  After 27 years of dedicated service - during which PotashCorp grew to become  the world's largest crop nutrient company - Bill Doyle will step down as  President and CEO, but remain employed with the company as a Senior Advisor  through June 2015.  "We're pleased to announce Jochen Tilk as the next President and CEO of  PotashCorp.  Jochen is known for his focus on operational excellence and  disciplined growth, and the entire Board agreed he was the right person to  lead the company forward," said Dallas Howe, Chairman of the Board. "The Board  undertook a rigorous, three-year selection process for the new CEO that  included the use of international executive search firms and a review of both  internal and external candidates."  "Jochen's successful track record, his reputation among peers and commitment  to the industry made him the ideal candidate to serve our customers and lead  PotashCorp through our next phase of growth," said Bill Doyle.  Tilk comes to PotashCorp after a 30-year career in the mining industry, most  recently serving as President and CEO of Inmet Mining. He was instrumental in  helping grow that company's market capitalization by 5,000 percent and highly  regarded by industry colleagues, employees and customers. Throughout his  career he has earned a reputation for operational excellence, and in his  previous role he developed - through asset optimization, organic growth and  strategic acquisitions - a portfolio of facilities that was recognized as a  leader in quality and cost. Along with these proven accomplishments, Tilk also  made safety a top priority, fostering a "zero compromise" safety culture.  "The entire Board of Directors wishes to express its thanks to Bill Doyle for  his long service as President and CEO, and his input during the succession  process," said Howe. "Bill has been an exceptional CEO for PotashCorp and,  under his leadership over the past 15 years, PotashCorp was transformed into  the global leader it is today. We look forward to Bill's continued involvement  and counsel as Senior Advisor to our new CEO and the Board."  "It's been a real privilege to have served PotashCorp for 27 years. The  company is in great shape and I am more enthusiastic about the future than I  have ever been, especially with the addition of Jochen Tilk," said Doyle.  "PotashCorp has the best people, the best assets in the business and excellent  long-term growth prospects. As the world's largest producer of crop nutrients,  we will continue to play an important role in improving global food security."  "I'm honored to join the PotashCorp team and look forward to getting to know  our employees, community members, investors, customers and other  stakeholders," said Jochen Tilk, CEO designate. "PotashCorp has grown and  benefitted enormously under Bill's leadership and the strategies that have  created tremendous long-term value. I share his philosophy for running the  company and plan to build on this strong foundation. I'm excited about the  potential for PotashCorp and look forward to moving to Saskatoon to take up my  new duties."  About PotashCorp  PotashCorp is the world's largest crop nutrient company and plays an integral  role in global food production. The company produces the three essential  nutrients required to help farmers grow healthier, more abundant crops. With  global population rising and diets improving in developing countries, these  nutrients offer a responsible and practical solution to meeting the long-term  demand for food. PotashCorp is the largest producer, by capacity, of potash  and among the largest in nitrogen and phosphate. While agriculture is its  primary market, the company also produces products for animal nutrition and  industrial uses. Common shares of Potash Corporation of Saskatchewan Inc. are  listed on the Toronto Stock Exchange and the New York Stock Exchange.  This release contains forward-looking statements or forward-looking  information (forward-looking statements). These statements can be identified  by expressions of belief, expectation or intention, as well as those  statements that are not historical fact. These statements often contain words  such as "should", "could", "expect", "may", "anticipate", "believe", "intend",  "estimates", "plans" and similar expressions. These statements are based on  certain factors and assumptions including with respect to: the funding of the  redemption price for the Notes. While the company considers these factors and  assumptions to be reasonable based on information currently available, they  may prove to be incorrect. Forward-looking statements are subject to risks and  uncertainties that are difficult to predict. The results or events set forth  in forward-looking statements may differ materially from actual results or  events. Several factors could cause actual results or events to differ  materially from those expressed in the forward-looking statements, including,  but not limited to, the following: variations from our assumptions with  respect to foreign exchange rates, expected growth, results of operations,  performance, business prospects and opportunities and effective tax rates;  risks and uncertainties related to operating and workforce changes made in  response to our industry and the markets we serve; changes in competitive  pressures, including pricing pressures; risks and uncertainties related to our  international operations and assets; fluctuations in supply and demand in the  fertilizer, sulfur, transportation and petrochemical markets; costs and  availability of transportation and distribution for our raw materials and  products, including railcars and ocean freight; adverse or uncertain economic  conditions and changes in credit and financial markets; the results of sales  contract negotiations within major markets; unexpected geological or  environmental conditions, including water inflows; economic and political  uncertainty around the world; risks associated with natural gas and other  hedging activities; changes in capital markets;  unexpected or adverse weather  conditions; changes in currency and exchange rates; imprecision in reserve  estimates; adverse developments in new and pending legal proceedings or  government investigations; acquisitions we may undertake; increases in the  price or reduced availability of the raw materials that we use; strikes or  other forms of work stoppage or slowdowns; timing and impact of capital  expenditures; rates of return on, and the risks associated with, our  investments and capital expenditures; changes in, and the effects of,  government policies and regulations; security risks related to our information  technology systems; risks related to reputational loss; and earnings and the  decisions of taxing authorities which could affect our effective tax rates.  Additional risks and uncertainties can be found in our Form 10-K for the  fiscal year ended December 31, 2013 under the captions "Forward-Looking  Statements" and "Item 1A - Risk Factors" and in our other filings with the US  Securities and Exchange Commission and the Canadian provincial securities  commissions. Forward-looking statements are given only as at the date of this  release and the company disclaims any obligation to update or revise the  forward-looking statements, whether as a result of new information, future  events or otherwise, except as required by law.    SOURCE  Potash Corporation of Saskatchewan Inc.  Investors Denita Stann Vice President, Investor and Public Relations Phone:  (306) 933-8521 Fax: (306) 933-8844 Email:ir@potashcorp.com  Media Bill Johnson Senior Director, Public Affairs Phone: (306) 933-8849  Fax: (306) 933-8844 Email:pr@potashcorp.com  Web Site:www.potashcorp.com  To view this news release in HTML formatting, please use the following URL:  http://www.newswire.ca/en/releases/archive/April2014/06/c8822.html  CO: Potash Corporation of Saskatchewan Inc. ST: Saskatchewan NI: MNG CHM 2575 WNEWS  
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