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NORTHBROOK, Ill. - CF Industries Holdings, Inc. (NYSE:CF), a global manufacturer with a market capitalization of $15.2 billion, announced Thursday that Ashraf K. Malik, senior vice president of manufacturing and distribution, will retire effective April 1, 2026. Trevor Williams will join the company upon Malik’s retirement to assume the same role.
Williams brings over 30 years of experience in nitrogen and chemicals manufacturing to the position. He most recently served as Executive Vice President and President of Nitrogen and Phosphate at Nutrien, and previously held the role of Senior Vice President of Nitrogen Operations at the same company.
Prior to joining Nutrien in 2011, Williams worked at Nova Chemicals in various engineering, leadership, and management positions. He holds a Bachelor of Science in Chemistry from Mount Allison University and a Bachelor of Chemical Engineering from the Technical University of Nova Scotia.
Malik has been with CF Industries for 13 years, during which time he has "played a pivotal leadership role" as the company’s network expanded, according to Chris Bohn, executive vice president and chief operating officer of CF Industries.
"He has played a pivotal leadership role as our network has grown over that time, driving our culture of safety excellence and helping the Company deliver industry-leading operational performance," Bohn said in the press release statement.
CF Industries describes itself as a leading global manufacturer of hydrogen and nitrogen products with manufacturing complexes in the United States, Canada, and the United Kingdom. The company has demonstrated robust financial performance with $6.1 billion in revenue over the last twelve months and maintains a healthy dividend yield of 2.14%. InvestingPro analysis reveals 13 additional bullish indicators for the company, available in their comprehensive Pro Research Report.
In other recent news, CF Industries reported strong financial results for the first quarter of 2025, surpassing earnings and revenue forecasts. The company posted earnings per share of $1.85, which exceeded the consensus forecast of $1.56. Revenue reached $1.66 billion, surpassing expectations of $1.53 billion. Additionally, CF Industries has started operations at its carbon dioxide dehydration and compression facility at the Donaldsonville Complex in Louisiana. This facility will enable the transportation and permanent geological sequestration of up to 2 million metric tons of carbon dioxide annually. ExxonMobil, CF Industries’ partner in this initiative, will manage the transportation and permanent storage of the CO2. These developments mark significant progress in CF Industries’ environmental and financial endeavors.
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