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Mosaic Announces Key Organizational Changes

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The Mosaic Company (NYSE:MOS) has announced significant organizational changes within its commercial division, effective October 15, 2020. Rick McLellan, Senior Vice President-Commercial, will retire in 2021. Floris Bielders has been appointed Vice President-Commercial for North America, focusing on customer-facing activities. Jenny Wang will serve as Vice President-Global Strategic Marketing, managing marketing strategies and distribution in China and India. These changes aim to align the North American operations with the successful South American structure, enhancing efficiency and competitiveness.

Positive
  • Organizational changes align North American operations with successful South American structure.
  • Appointment of Floris Bielders and Jenny Wang supports strategic leadership.
Negative
  • Rick McLellan's retirement may create a leadership gap in the commercial division.

TAMPA, FL / ACCESSWIRE / September 14, 2020 / The Mosaic Company (NYSE:MOS) today is announcing key upcoming organizational changes within our commercial organization. Rick McLellan, current Senior Vice President-Commercial, has announced his intent to retire in 2021. Rick has a long history with Mosaic and its predecessor companies, and he played an integral part in Mosaic's formation and South America integration and transformation. As part of this transition and to align with Mosaic's new operating structure, the following organizational changes will be effective October 15, 2020:

  • Floris Bielders, currently Vice President-Commercial, Mosaic Fertilizantes, has been named Vice President-Commercial, North America Business-overseeing customer-facing activities for the North America Business. He will report to Bruce Bodine, Senior Vice President-North America Business. The new North America structure mirrors the current South America organizational structure and ensures consistency across the business.
  • Jenny Wang has been named Vice President-Global Strategic Marketing, overseeing all facets marketing including new product introduction, product management, market analysis, pricing strategy, product placement, branding and promotions. She will continue to have responsibility for the distribution businesses in China and India, and will report to Joc O'Rourke, President and CEO.

"These organizational changes align to our operating structure in South America, which has proven successful and strengthened our ability to deliver on our mission and serve internal and external customers," said Mr. O'Rourke. "I'm confident these moves will continue to support our transformational work toward making Mosaic the most efficient and competitive company in our industry."

About The Mosaic Company

The Mosaic Company is one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients. Mosaic is a single-source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. More information on the company is available at www.mosaicco.com.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based upon the current beliefs of The Mosaic Company's management and subject to significant risks and uncertainties, including timing of consideration of the petition and whether the Company would prevail.

Media

Ben Pratt
The Mosaic Company
813-775-4206
benjamin.pratt@mosaicco.com

Investors

Laura Gagnon
The Mosaic Company
813-775-4214
investor@mosaicco.com

SOURCE: The Mosaic Company



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https://www.accesswire.com/606002/Mosaic-Announces-Key-Organizational-Changes

FAQ

What are the recent organizational changes at Mosaic Company (MOS)?

Mosaic has announced key changes, including the retirement of Rick McLellan and the appointments of Floris Bielders and Jenny Wang in leadership roles.

When will the organizational changes at Mosaic take effect?

The changes are effective October 15, 2020.

Who has been appointed Vice President-Commercial for North America at Mosaic?

Floris Bielders has been appointed Vice President-Commercial for North America.

What will be Jenny Wang's role at Mosaic following the organizational changes?

Jenny Wang will oversee global strategic marketing and manage distribution in China and India.

How do the changes in Mosaic's commercial organization affect its strategy?

The changes aim to align North American operations with the successful South American structure, enhancing overall efficiency and competitiveness.

The Mosaic Company

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