William Doyle (businessman)

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William "Bill" Doyle was the CEO of the Potash Corporation of Saskatchewan (PotashCorp), the world's largest fertilizer company by capacity. [1] Doyle has served as CEO of PotashCorp since 1999. On April 6, 2014, Doyle announced his intention to retire on July 1, 2015, and to transition from president and CEO to senior advisor on July 1, 2014, when he was succeeded by Jochen Tilk. [2]

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Doyle formerly served as president of the International Fertilizer industry Association, [3] a trade association representing the global fertilizer industry, and is a board member of Canpotex and the International Plant Nutrition Institute. [4] Doyle is a 39-year veteran of the fertilizer industry. [5] He currently serves as Chairman of the Board of Directors of Georgetown University, having succeeded former NFL commissioner Paul Tagliabue in July, 2015. [6]

CEO of PotashCorp

Bill Doyle was appointed president and chief executive officer of PotashCorp on July 1, 1999, after 12 years as a member of the PotashCorp senior management team. He has served on PotashCorp's board of directors since the company was first listed on the Toronto and New York stock exchanges in 1989. [5] While CEO of PotashCorp, Doyle led the company to become "an agribusiness powerhouse that controls some of the most valuable and coveted assets on Earth." [7] With a market capitalization of less than $625-million when it went public in 1989, PotashCorp now has a market capitalization of approximately $33-billion USD. [7]

During his time as CEO, Doyle oversaw the growth of PotashCorp from C$1.35 billion to C$32.46 billion. Several strategic investments made by PotashCorp in the Middle East, South America and Asia during Doyle's tenure including a 32% ownership in Sociedad Quimica y Minera de Chile (SQM); [1] a 28% ownership interest in the Arab Potash Company (APC) of Jordan; [8] a 22% ownership interest in Sinofert Holdings Limited (Sinofert) in China; [1] and, growth in holdings of Israel Chemicals Limited (ICL) from 9% to 14%. [9]

Philanthropy

In 2013, Doyle led PotashCorp's partnership with Free the Children, and the creation of the global charity's food security pillar of the Adopt a Village development model. [10] Adopt a Village supports community development in areas featuring a high incidence of child labour and exploitation of children. [11]

In December 2012, Doyle directed PotashCorp's participation as a founding partner of the Global Institute for Food Security at the University of Saskatchewan, a "public-private partnership that enables innovative, multi-disciplinary research, training and technology development to improve sustainable crop production, enhance human and animal nutrition, and address the growing global demand for safe, reliable food". [12] Under the terms of this partnership, PotashCorp will contribute up to $35 million over seven years to the Global Institute for Food Security, with the Government of Saskatchewan providing up to $15 million over the same period.

Doyle is a graduate of Georgetown University in Washington, D.C., and chairman of the university's board of directors. [13] In 2011, Bill Doyle and his wife Kathy gave a $10 million endowment to Georgetown to establish the Doyle Engaging Difference Program, [14] a "campus-wide collaboration between the Berkley Center for Religion, Peace, and World Affairs, the Center for New Designs in Learning and Scholarship, and Georgetown College designed to deepen the university's own commitment to tolerance and diversity and enhance global awareness of the challenges and opportunities of an era of increasing interconnectedness." [15] He is also on the board of the Big Shoulders Fund, a charity providing support to Catholic schools in the neediest areas of inner-city Chicago. [5]

Compensation

In 2007 he was by far the highest earning CEO in Canada, earning over $320 million, and nearly doubling the next nearest earner, Jim Balsillie. [16]

Related Research Articles

Potash Salt mixture

Potash includes various mined and manufactured salts that contain potassium in water-soluble form. The name derives from pot ash, plant ashes or wood ash soaked in water in a pot, the primary means of manufacturing potash before the Industrial Era. The word potassium is derived from potash.

Agrium

Agrium was a major retail supplier of agricultural products and services in North America, South America and Australia and a wholesale producer and marketer of all three major agricultural nutrients and a supplier of specialty fertilizers in North America.

Leonard Asper is a Canadian businessperson, entrepreneur and lawyer. He is a graduate of Brandeis University and the University of Toronto Law School, and is a member of the Ontario Bar Association and The Law Society of Upper Canada.

PotashCorp Company

The Potash Corporation of Saskatchewan, also known as PotashCorp, was a company based in Saskatoon, Saskatchewan. The company merged with Calgary-based Agrium to form Nutrien, in a transaction that closed on January 1, 2018.

ICL Group Ltd. Global manufacturer of mineral based products

ICL Group Ltd. is a multi-national manufacturing concern that develops, produces and markets fertilizers, metals and other special-purpose chemical products. ICL serves primarily three markets: agriculture, food and engineered materials. ICL produces approximately a third of the world's bromine, and is the world's sixth-largest potash producer. It is a manufacturer of specialty fertilizers and specialty phosphates, flame retardants and water treatment solutions.

The Mosaic Company American chemical company

The Mosaic Company is a Fortune 500 company based in Tampa, Florida which mines phosphate, potash, and collects urea for fertilizer, through various international distribution networks, and Mosaic Fertilizantes. It is the largest U.S. producer of potash and phosphate fertilizer.

Arab Potash Mining company in Jordan

The Arab Potash Company (APC) is a company that is primarily involved in harvesting minerals from the Dead Sea. It is the eighth largest potash producer worldwide by volume of production and the sole Arab producer of potash. The company was formed in 1956 in the Hashemite Kingdom of Jordan as a pan-Arab business venture and it has a 100-year concession (1958-2058) from the government of Jordan that grants it exclusive rights to extract, manufacture and market minerals from the Dead Sea. It is headquartered in Amman and has its main plants at Ghor Al Safi. The company's stock is listed on the Amman Stock Exchange's ASE Weighted Index.

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Uralkali Russian fertilizer producer

Uralkali is a Russian potash fertilizer producer and exporter. It is traded on the Moscow Exchange using the symbol, URKA. The company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk. Uralkali employs about 12,000 people.

Acron Group

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Canpotex, short for Canadian Potash Exporters, is a Canadian potash exporting and marketing firm, incorporated in 1970 and operating since 1972. Based in Saskatchewan, Canpotex manages the entire Saskatchewan potash exporting industry, including transportation and delivery.

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Charles Victor "Chuck" Magro is a Canadian business executive who was the former CEO and President of Nutrien. He was the president of Agrium from January 2014 until it completed its merger with PotashCorp to form Nutrien. Prior to his appointment he served as COO from 2012 to 2013, Chief Risk Officer from February 2012 to October 2012, and as Vice President of Manufacturing 2009–2012. Prior to his time at Agrium he was an executive at Nova Chemicals. He holds a degree from University of Waterloo, and holds an MBA from University of Windsor.

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Nutrien is a Canadian fertilizer company based in Saskatoon, Saskatchewan. It is the largest producer of potash and the third largest producer of nitrogen fertilizer in the world. It has 1,500 retail stores and more than 23,100 employees. It is listed on the Toronto Stock Exchange and New York Stock Exchange, with a market capitalization of $34 billion as of January 2018. It was formed through the merger of PotashCorp and Agrium, in a transaction that closed on January 1, 2018.

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References

  1. 1 2 3 "What We Do". Nutrien.
  2. ↑ Stann, Denita; Johnson, Bill (April 6, 2014). "PotashCorp Announces Selection of Jochen Tilk as Next President and CEO". Cision.
  3. ↑ "IFA-International Fertilizer Association". www.fertilizer.org.
  4. ↑ "William Doyle - Forbes". Forbes . Archived from the original on 2014-04-07. Retrieved 2017-09-18.
  5. 1 2 3 "Senior Management". Nutrien.
  6. ↑ "Board of Directors". Georgetown University.
  7. 1 2 "Potash Corp.'s Doyle facing the biggest sales job of his life" – via The Globe and Mail.
  8. ↑ "Shareholders". Archived from the original on 2014-04-07. Retrieved 2014-04-05.
  9. ↑ "Major Shareholders | Israel Chemicals LTD. | ICL". Archived from the original on 2013-12-04. Retrieved 2014-04-05.
  10. ↑ "Corporate Partners".
  11. ↑ "Adopt a Village FAQs - Free the Children". Archived from the original on 2014-04-07. Retrieved 2014-04-05.
  12. ↑ "globalinstituteforfoodsecurity.org - Registered at Namecheap.com". www.globalinstituteforfoodsecurity.org.
  13. ↑ "Board of Directors". www.georgetown.edu.
  14. ↑ "Campaign Chair Endows Program That Engages Difference | Georgetown Giving". Archived from the original on 2014-04-07. Retrieved 2014-04-05.
  15. ↑ "Doyle - Doyle Program".
  16. ↑ "Doyle top CEO at $320 million". Archived from the original on 2012-11-06. Retrieved 2009-01-07.
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