Fertilizer International 508 May-Jun 2022
31 May 2022
People
People
Italy’s Maire Tecnimont Group has named Alessandro Bernini as its chief executive officer (CEO) and chief operating officer (COO). The announcement was made following the resignation of Pierroberto Folgiero, the company’s previous CEO and COO, with effect from 15th May.
Interim appointments at executive level in Italy follow a formal process set out by the Italian Civil Code. The roles of CEO/ COO passed to Alessandro Bernini when Folgiero’s officially designated successor, Alessandra Conte, declined to accept these positions. Bernini, who has been the company’s chief financial officer (CFO) since 2013, will remain as CEO/COO until the company’s next shareholder meeting, in accordance with Italian law.
Bernini joined Ernst & Young as an auditor in 1980 and became a partner in 1994. He then joined Saipem Group as CFO in 1996, rising to become head of corporate governance in 2002. Bernini next became CFO of ENI Group in 2008, where he spent five years prior to joining Maire Tecnimont.
“The board of directors, the board of statutory auditors and all the management of the company and of the Maire Tecnimont Group thank Pierroberto Folgiero for the activity carried out and the important results achieved, expressing the best wishes for future professional challenges,” the company said in a statement.
CF Industries has named Martin A Jarosick as vice president, treasury and investor relations, effective immediately. Mr Jarosick has served as vice president, investor relations, since joining CF Industries in 2017. In his new role, Martin will oversee the company’s treasury organisation, as well as continuing to lead on investor relations. His new Treasury responsibilities include capital markets and banking activities, risk management, and credit.
Before joining CF Industries, Mr Jarosick was treasurer and vice president, investor relations at Axiall Corporation. He has also held various positions in treasury, strategic planning, and investor relations with The Home Depot and Progress Energy earlier in his career.
“Martin has been a strategic leader and valued voice within CF Industries as we have navigated the dynamic global nitrogen market and advanced our clean energy initiatives,” said Christopher D Bohn, CF Industries’ senior vice president and chief financial officer. “His leadership and experience in treasury operations will serve the Company well as we build on our track record of creating long-term value for shareholders.”
Mr Jarosick replaces Daniel L Swenson, who retired from CF Industries on 31st March 2022. Mr Swenson had been treasurer of CF Industries since 2015, having joined the company as senior director, investor relations and corporate communications in 2012.
“I want to thank Dan for his commitment and dedication to CF Industries during his 10 years with the Company,” said Christopher Bohn. “We wish him well in all his future endeavours.”
Itafos appointed Stephen Shapiro and Isaiah Toback to its board of directors in mid-April. Toback is the new board nominee of the company’s principal shareholder, CL Fertilizers Holding, replacing Rory O’Neill.
“We are pleased to welcome Stephen and Isaiah to our board. Both appointments add to the overall depth and skill set of the board and will be instrumental in providing oversight as the company continues to execute on of its strategic initiatives,” said Anthony Cina, the chairman of Itafos. “On behalf of the board, I would also like to thank Rory for his leadership and contributions to the company.”
Currently, Shapiro is also CFO at medical device company Cellview Imaging. Prior to joining Cellview, he had a 30-year career in investment banking, most recently leading the Canadian Industrials and Consumer Group for Wells Fargo Securities Canada. Prior to that, he spent 13 years with BMO Capital Markets, where he started and led the agriculture and fertilizer group. He is a Chartered Financial Analyst and holds a commerce degree from McGill University and an MBA from the University of Chicago.
Toback is a partner and the deputy co-chief investment officer at Castlelake. He was previously an investment banker with Goldman Sachs. He holds a BA in economics from Vanderbilt University.
Chris Paterson has joined the board of directors of Soilgenic Technologies. The Calgary-headquartered company is helping the agricultural industry reduce its greenhouse gas emissions and environmental impacts by offering climate-smart technologies.
Chris has been involved with agronomy and agribusiness in North America for 25 years. This includes experience with capital markets in emerging areas such as digitisation, sustainability and decarbonisation. He has also mentored companies through his involvement with groups such as AgFunder, Creative Destruction Lab, and Plug And Play.