Compass Minerals International, Inc. (NYSE:CMP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As part of an executive transition to retirement, on July 10, 2017, Jack C. Leunig, age 64 and a named executive officer of Compass Minerals International, Inc. (the “Company”), notified the Company of his resignation from his position as Senior Vice President, Operations. Mr. Leunig is expected to remain at the Company as a Senior Advisor until his retirement on June 30, 2018.
In connection with this transition and consistent with the Company’s succession plan for Mr. Leunig, the Company is integrating its operations function and personnel into its salt and plant nutrition business units. Mr. Leunig, who joined the Company in 2008 and has served as Senior Vice President, Operations since 2013, will continue to oversee the completion of the Company’s ongoing capital projects and assist with the transition of the Company’s operations function and personnel.
About Compass Minerals International, Inc. (NYSE:CMP)
Compass Minerals International, Inc. is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition. The salt segment mines, produces, processes, distributes and markets sodium chloride and magnesium chloride in North America and sodium chloride in the United Kingdom. The salt segment products include rock salt, mechanically evaporated and solar evaporated salt, and brine and flake magnesium chloride. The plant nutrition segment includes sales of SOP and micronutrients. It sells micronutrient products under Wolf Trax brand. Its SOP product is marketed under the brand name Protassium+. The Company operates over 10 production and packaging facilities, including the rock salt mines in Goderich, Ontario, Canada, and in the United Kingdom in Winsford, Cheshire.