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Nutrien CEO Schmidt Leaves After Just 8 Months in Top Job

  • Ken Seitz becomes interim CEO as company seeks new leader
  • Fertilizer giant didn’t disclose reasons for CEO’s departure
Mayo Schmidt
Mayo SchmidtPhotographer: Cole Burston/Bloomberg
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Nutrien Ltd. is looking for a new chief executive officer after Mayo Schmidt abruptly departed after less than a year in the top job at the world’s largest fertilizer maker.

The Saskatoon, Saskatchewan-based company can’t comment on details of his departure because of legal constraints, spokeswoman Megan Fielding said in an email Tuesday. The change won’t affect Nutrien’s strategic direction, she added. Ken Seitz, executive vice president and CEO of the company’s potash unit, was named interim CEO.