Deals
Potash Corp. Names Next CEO, Brings Doyle Era to a Close
This article is for subscribers only.
Potash Corp. of Saskatchewan Inc. Chief Executive Officer Bill Doyle, who fended off BHP Billiton Ltd.’s hostile takeover bid for the Canadian fertilizer producer only to later lose a price war with a Russian rival, will step down after almost 15 years.
He will be replaced in July by Jochen Tilk, the former CEO of Inmet Mining Corp., Saskatoon, Saskatchewan-based Potash Corp. said yesterday in a statement. Doyle, 63, will stay on through June 2015 as an adviser to the company where he’s worked for 27 years.