Joc O'Rourke To Succeed Jim Prokopanko As Mosaic President And CEO
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Joc O'Rourke To Succeed Jim Prokopanko As Mosaic President And CEO

May 13, 2015   |   ShareThis

The Mosaic Company (MOS) announced today that its Board of Directors has elected James "Joc" C. O'Rourke, currently Executive Vice President – Operations and Chief Operating Officer, to succeed James T. Prokopanko as President and Chief Executive Officer, effective August 5, 2015. After that date, Mr. Prokopanko will serve as Senior Advisor until his planned retirement on January 4, 2016.

"Jim's leadership over the past eight and a half years helped build a strong, innovative company with a culture of integrity and an emphasis on execution. My fellow directors and I wish him only the best, and we respect his decision to retire," said Robert L. Lumpkins, Chairman of Mosaic's Board of Directors. "The Board has full confidence in Joc and the rest of Mosaic's talented management team. Together, they will help Mosaic build on Jim's legacy of success for our employees, customers, investors, communities and other stakeholders."

"I am quite proud of our accomplishments during Mosaic's first decade and am confident that Joc will help lead Mosaic to new heights," Mr. Prokopanko said. "It has been a great privilege to serve as CEO and help build the world's leading crop nutrition company alongside some of the most talented people I have ever known. I deeply appreciate the outpouring of support I received during my illness last year, and I am happy to be healthy today. I plan to enjoy my good health with my family."

"I am grateful for the support of the Board of Directors and my exceptional colleagues on Mosaic's management team," said Mr. O'Rourke. "Jim's leadership took Mosaic from its early days to a company that boasts the best combination of people, assets, innovation and global reach in the crop nutrition industry. We will maintain our steadfast focus on our customers and other stakeholders, and we will use today's solid foundation as a platform for further growth."

Mr. O'Rourke, 54, has served as Mosaic's Executive Vice President – Operations and Chief Operating Officer since 2012 and joined the company as Executive Vice President—Operations in 2009. Prior to joining Mosaic, Mr. O'Rourke was President, Australia Pacific for Barrick Gold Corporation, the largest gold producer in Australia, where he was responsible for the Australia Pacific Business Unit consisting of ten gold and copper mines in Australia and Papua New Guinea. Before that, Mr. O'Rourke held various management, engineering and other roles in the mining industry in Canada and Australia. He holds a bachelor's degree in mining and mineral engineering from the University of British Columbia, and a master's degree in business administration from INSEAD in Fontainebleau, France.

No other changes to the Senior Leadership Team are anticipated at this time.

See the official press release.