Switzerland: Fertilizer Business Strashnov Resigns from Eurochem Board
Fertilizer producer Eurochem Group announced that Chief Executive Officer Dmitry Strashnov has resigned from the group for personal reasons with immediate effect. Kuzma Marchuk, CFO of the Group, has been named Acting CEO.
Zug/Switzerland — In a statement, the company said that its board has begun searching for Mr Strashnov’s successor. Alexander Landia, Chairman of the Board of Eurochem, stated that the company was taking the necessary steps to ensure a smooth transition and continued success in the future.
Eurochem is a global producer of nitrogen, phosphate and potash fertilizers. The Group is vertically integrated with activities spanning mining to fertilizer production, logistics, and distribution. The company began test production at its Usolskiy potash mine in early 2018, and continues to develop a second greenfield site at VolgaKaliy in Russia. Headquartered in Zug, Switzerland, the group operates production facilities in Europe, Asia and the CIS, employing more than 26,000 people.