Intrepid Announces Appointment of Gonzalo Avendano to Board of Directors
Accomplished business leader with deep understanding of capital markets and investments
“We are pleased to welcome Gonzalo to our Board,” said Barth Whitham, Chair of the Board. “He is a seasoned business leader with extensive knowledge of global investment markets. His industry experience along with his unique perspective as an investor will make him a valuable addition to our Board.”
Kevin Crutchfield, Chief Executive Officer of Intrepid Potash, added: “Gonzalo’s insights into evolving market dynamics and his commitment to driving value creation will play a crucial role as we continue to enhance our operations. I look forward to working closely with him as we execute our strategic initiatives to deliver long-term value for our shareholders.”
In connection with this announcement, Intrepid has entered into a cooperation agreement with Clearway Capital Management LLC (“Clearway”) and certain other persons and entities referenced in the agreement, which includes customary standstill, voting, and other provisions. Gonzalo Avendano, an Investment Advisor of Clearway, said, “I appreciate the positive and constructive discussions with the Company and I am pleased to join the Intrepid Board. Clearway owns approximately
About Gonzalo Avendano
Gonzalo Avendano serves as an Investment Advisor of Clearway, an investment company based in
About Intrepid
Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products essential for customer success in agriculture, animal feed and the oil and gas industry. Intrepid is the only
Intrepid routinely posts important information, including information about upcoming investor presentations and press releases, on its website under the Investor Relations tab. Investors and other interested parties are encouraged to enroll at intrepidpotash.com, to receive automatic email alerts or RSS feeds for new postings.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250115707283/en/
Evan Mapes, CFA, Investor Relations Manager
Phone: 303-996-3042
Email: evan.mapes@intrepidpotash.com
Source: Intrepid Potash, Inc