Intrepid Potash Announces Appointment of Barth Whitham as Chair of the Board; Initiates Search for New Chief Executive Officer
Bob Jornayvaz Remains on Extended Medical Leave of Absence
CFO Matt Preston Continues to Serve as Acting Principal Executive Officer
Company Provides Update on Second Quarter 2024 Outlook
“We wish Bob well as he continues his recovery, however we recognize that it is unlikely that he will return to his CEO role,” said
The Board also appointed Intrepid Director
An Intrepid Director since 2008,
Intrepid expects its second quarter 2024 potash and Trio® sales volumes to meet or exceed the upper end of its outlook, as previously announced during its first quarter 2024 earnings call on
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 serves diverse customers in markets where a logistical advantage exists and is a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly production. Intrepid’s mineral production comes from three solar solution potash facilities and one conventional underground Trio® mine.
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.
Forward-Looking Statements
This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws. Forward-looking statements contain known and unknown risks and uncertainties (many of which are difficult to predict and beyond management's control) that may cause our actual results in future periods to differ materially from anticipated or projected results. Forward-looking statements in this press release include, among others, statements regarding management matters, our expectations for second quarter potash and Trio® sales volumes and pricing and 2024 potash production. An extensive list of specific material risks and uncertainties affecting Intrepid is contained in our Annual Report on Form 10-K for the year ended
View source version on businesswire.com: https://www.businesswire.com/news/home/20240710975415/en/
Phone: 303-996-3042
Email: evan.mapes@intrepidpotash.com
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