PotashCorp Announces Selection of Jochen Tilk as Next President and CEO

   PotashCorp Announces Selection of Jochen Tilk as Next President and CEO

PR Newswire

SASKATOON, April 6, 2014

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 /PRNewswire/  - 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.

Contact:

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
 
Press spacebar to pause and continue. Press esc to stop.