Deborah L. DeHaas Nominated for Election to Board of Directors of CF Industries Holdings, Inc.
CF Industries Holdings, Inc. (NYSE: CF) has nominated Deborah L. DeHaas for election to its Board of Directors at the annual shareholders' meeting on May 4, 2021. DeHaas, former vice chairman at Deloitte, brings extensive experience in accounting, finance, and governance, which is expected to enhance the company's clean energy growth strategy. She will join the Audit Committee and Environmental Sustainability and Community Committee, marking the seventh independent director added to the board in seven years. This move aims to create long-term value for shareholders.
- Deborah L. DeHaas brings significant expertise in finance and governance to the Board.
- Her appointment aligns with CF Industries' clean energy growth strategy.
- The addition of a new independent director indicates a focus on strong governance.
- Concerns about continuity due to the integration of a new director.
CF Industries Holdings, Inc. (NYSE: CF) today announced that Deborah L. DeHaas, former vice chairman and managing partner of the Center for Board Effectiveness at Deloitte, has been nominated for election to the Company’s Board of Directors at its annual meeting of shareholders to be held on May 4, 2021.
“We are thrilled at the opportunity to have Deb join the CF Industries Board,” said Stephen A. Furbacher, chairman of the board, CF Industries Holdings, Inc. “Deb’s leadership and extensive expertise in accounting and finance, sustainability, human capital and corporate governance will serve the Board and our management team well as the Company advances its clean energy growth strategy. We look forward to her contributions as we work together to create long-term value for our shareholders.”
Following the election of Ms. DeHaas by CF Industries’ shareholders at the 2021 Annual Meeting, she is expected to join the Board’s Audit Committee and Environmental Sustainability and Community Committee. She will be the seventh new independent director added to the CF Industries Board of Directors in the last seven years.
About Deborah L. DeHaas
Deborah L. DeHaas retired from Deloitte as a Vice Chairman and the Managing Partner of the Center for Board Effectiveness in September 2020. Ms. DeHaas held numerous leadership roles at Deloitte during her 18 years of service to the firm, including as the firm's first Chief Inclusion Officer, as the Regional Managing Partner for the Midwest and Central regions of Deloitte—in which role she led the quality, client satisfaction, growth, marketplace and talent initiatives for over 10,000 professionals in fourteen states—as the Chicago Office Managing Partner, as a member of the Deloitte US board of directors, and as a member of the US Executive Committee. Before joining Deloitte, she was a partner at Arthur Andersen. Ms. DeHaas has served as the Chief Executive Officer of Corporate Leadership Center since November 2020. She currently serves on the Board and Executive Committee of the Sustainability Accounting Standards Board Foundation Board. She is also a trustee and chair of the audit committee at both Northwestern University and the University of Denver. Ms. DeHaas is also a member of the board of directors of Dover Corporation, a diversified global manufacturer and solutions provider, since February 2021.
About CF Industries Holdings, Inc.
CF Industries is a leading global manufacturer of hydrogen and nitrogen products for clean energy, emissions abatement, fertilizer, and other industrial applications. We operate manufacturing complexes in the United States, Canada, and the United Kingdom, which are among the most cost-advantaged, efficient, and flexible in the world, and an unparalleled storage, transportation and distribution network in North America. Our 3,000 employees focus on safe and reliable operations, environmental stewardship and disciplined capital and corporate management, driving our strategy to leverage and sustainably grow the world’s most advantaged hydrogen and nitrogen platform to serve customers, creating long-term shareholder value. CF Industries routinely posts investor announcements and additional information on the Company’s website at www.cfindustries.com and encourages those interested in the Company to check there frequently.
Additional Information
This communication may be deemed to be soliciting material in respect of the 2021 annual meeting of shareholders (the “2021 Annual Meeting”) of CF Industries Holdings, Inc. (“CF Industries”). CF Industries intends to file a proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for the 2021 Annual Meeting. Shareholders are urged to read the proxy statement and other relevant documents filed or to be filed with the SEC when they become available because they contain or will contain important information. Shareholders will be able to get copies of the proxy statement and other documents filed with the SEC by CF Industries for free at the SEC’s Internet website, www.sec.gov. Copies of those documents will also be available free of charge through CF Industries’ Internet website, www.cfindustries.com.
Participants in the Solicitation
CF Industries and its directors will be, and certain executive officers of CF Industries may be deemed to be, participants in the solicitation of proxies from CF Industries’ shareholders in connection with the 2021 Annual Meeting. Information regarding CF Industries’ directors and executive officers is available in CF Industries’ proxy statement for its 2020 annual meeting of shareholders, which was filed with the SEC on April 8, 2020, and in filings by CF Industries’ directors and executive officers with the SEC on Forms 3, 4 and 5. Additional information regarding the identity of potential participants in the solicitation and their direct or indirect interests, by security holdings or otherwise, will be included in the proxy statement and other relevant documents to be filed by CF Industries with the SEC in connection with the 2021 Annual Meeting. These documents may be obtained free of charge on the SEC’s Internet website and through CF Industries’ Internet website as described above under “Additional Information.”
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