CF Industries Announces Executive and Board Changes
Ticker: CF · Form: 8-K · Filed: 2024-06-20T00:00:00.000Z
Sentiment: neutral
Topics: executive-changes, board-changes, cfo-appointment
Related Tickers: CF
TL;DR
CF Industries shakes up C-suite and board, bringing in new CFO and directors.
AI Summary
CF Industries Holdings, Inc. announced on June 17, 2024, a series of executive and board changes. These include the appointment of Christopher B. Baczewski as Executive Vice President, Chief Financial Officer, and Treasurer, effective July 1, 2024. Additionally, the company announced the election of three new directors: David L. Einhorn, Steven R. Johnson, and David M. Zaziski, all effective immediately. The filing also details compensatory arrangements for these officers.
Why It Matters
These changes in key leadership and board composition can signal shifts in strategic direction or financial oversight for CF Industries.
Risk Assessment
Risk Level: low — The filing primarily concerns routine executive and board appointments and compensatory arrangements, which are standard corporate governance events.
Key Players & Entities
- CF Industries Holdings, Inc. (company) — Registrant
- Christopher B. Baczewski (person) — Appointed Executive Vice President, Chief Financial Officer, and Treasurer
- David L. Einhorn (person) — Elected Director
- Steven R. Johnson (person) — Elected Director
- David M. Zaziski (person) — Elected Director
- July 1, 2024 (date) — Effective date for new CFO
- June 17, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Executive Vice President, Chief Financial Officer, and Treasurer of CF Industries?
Christopher B. Baczewski has been appointed as the new Executive Vice President, Chief Financial Officer, and Treasurer, effective July 1, 2024.
When is Christopher B. Baczewski's appointment as CFO effective?
The appointment of Christopher B. Baczewski as CFO is effective July 1, 2024.
How many new directors were elected to the board of CF Industries?
Three new directors were elected to the board of CF Industries.
Who are the newly elected directors of CF Industries?
The newly elected directors are David L. Einhorn, Steven R. Johnson, and David M. Zaziski.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is June 17, 2024.
Filing Stats: 1,459 words · 6 min read · ~5 pages · Grade level 11.5 · Accepted 2024-06-20 16:05:15
Key Financial Figures
- $0.01 — ch registered common stock, par value $0.01 per share CF New York Stock Exchang
- $750,000 — e will receive an annual base salary of $750,000 and a target annual incentive (bonus) o
Filing Documents
- tm2417519d1_8k.htm (8-K) — 37KB
- tm2417519d1_ex99-1.htm (EX-99.1) — 6KB
- tm2417519d1_ex99-1img001.jpg (GRAPHIC) — 2KB
- 0001104659-24-073378.txt ( ) — 220KB
- cf-20240617.xsd (EX-101.SCH) — 3KB
- cf-20240617_lab.xml (EX-101.LAB) — 33KB
- cf-20240617_pre.xml (EX-101.PRE) — 22KB
- tm2417519d1_8k_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On June 17, 2024, the Company issued a press release regarding Mr. Cameron's appointment as Executive Vice President and Chief Financial Officer. The press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference. The information furnished in this Item 7.01 and Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 99.1 Press release dated June 17, 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document) 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: June 20, 2024 CF INDUSTRIES HOLDINGS, INC. By: /s/ Michael P. McGrane Name: Michael P. McGrane Title: Vice President, General Counsel, and Secretary 4