Yara CEO resigns while incoming CEO backtracks as CF Industries merger talks continue
Published: Tuesday, 07 October 2014
News that Yara’s CEO has resigned and the incoming replacement has decided to stay at Norsk Hydro will put an unwelcome sheen on merger talks with CF Industries.
Norwegian fertiliser producer Yara International ASA has
replaced Jorgen Ole Haslestad as its CEO, who was planning to
retire in 2015. The company will fill the gap left by his
departure with Torgeir Kvidal, the current CFO and president,
who will also take on the role of acting CEO.