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CHICAGO — Morton Salt Inc.’s chief executive officer Mark Roberts has been appointed as a member of the board of executive directors of K+S Group, effective October 1, 2012.
Morton Salt Inc.’s chief executive officer Mark Roberts has been appointed as a member of the board of executive directors of K+S Group, effective October 1, 2012.
Christian Herrmann, current head of investor relations for K+S, will succeed Roberts as CEO of Morton Salt.
Roberts has been a part of K+S for more than 20 years. He was named CEO of Morton Salt in 2009, following the K+S acquisition of that company. He directed the company’s strategy and operations in the United States, Canada and the Bahamas.
In his new role as a member of the executive board, Roberts will be responsible for the salt business segment with operations in North America, South America and Europe.
"It has been a privilege to serve the passionate people of Morton Salt as well as the iconic business and brands they represent," Roberts said. "While I may be taking on a new role, I will remain involved with Morton Salt as I focus on building the broader global salt business for K+S."
Herrmann, who joined K+S in 2002 as manager in the investor relations department, assumed his current position in 2005 and has successfully accompanied the growth and internationalization of K+S from a capital markets perspective. Herrmann had an integral part in shaping K+S’ reputation and perception among international investors and analysts.
"Morton Salt has a long, rich history in the marketplace, and I am honored to have been appointed as its CEO," Herrmann said. "I am thrilled about joining the team in Chicago and working together to inspire and maintain the company’s legacy of success."
Commenting on the executive changes, Norbert Steiner, chairman of the K+S board, said: "Mark has made outstanding contributions to our group over the last two decades and did a fantastic job in integrating Morton Salt into the K+S Group. On behalf of my colleagues, I am very glad to welcome him to our executive board. As we look ahead to the transition, Morton Salt will remain in very capable hands. Christian’s global business insights and strategic thinking will deliver significant value for the future of Morton Salt."