Intrepid Potash, Inc. Announces Management Changes
January 08, 2015 at 09:05 pm
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Intrepid Potash, Inc. is continuing to make changes to streamline its management structure and reduce its costs. As part of these changes, John G. Mansanti has transitioned from the role of Intrepid's Senior Vice President of Operations to Senior Vice President of Strategic Initiatives and Technical Services, effective as of January 6, 2015. In addition, Intrepid has appointed Margaret E. McCandless as Vice President, General Counsel, and Secretary, effective as of January 6, 2015.
Ms. McCandless previously served as Intrepid's Assistant General Counsel and Assistant Secretary since January 2012. Also as part of these changes, Martin D. Litt will be leaving Intrepid to pursue other interests. Mr. Litt served as Intrepid's Executive Vice President, General Counsel, and Secretary through January 5, 2015.
Intrepid Potash, Inc. is a diversified mineral company that delivers potassium, magnesium, sulfur, salt, and water products for customers in agriculture, animal feed and the oil and gas industry. Its segments include potash, Trio, and oilfield solutions. Its three primary products are potash, Trio, and water. It also sells salt, magnesium chloride, metal recovery salts, brines, and water that are derived as part of its mining processes. It sells potash into three primary markets: the agricultural market as a fertilizer input, the industrial market as a component in drilling and fracturing fluids for oil and gas wells and an input to other industrial processes, and the animal feed market as a nutrient supplement. Trio is its specialty fertilizer that delivers potassium, sulfate, and magnesium in a single particle. It sells water primarily for industrial uses in the oil and gas services industry. Its other oilfield related offerings include caliche, right-of-way agreements, and others.