Incitec chair Brian Kruger resigns

Fertiliser and explosives company Incitec Pivot announced on Monday morning that Brian Kruger has stepped down as Chairman and non-executive director, effective immediately, citing personal reasons.  

Kruger had been a director at Incitec since June 2017 and Chairman since July 2019. 

The company nominated delivery of sustained earnings for shareholders through COVID-19 and geopolitical instability as achievements under Kruger’s leadership, as well as his steering of the strategy to demerge Incitec Pivot Fertilisers and Dyno Nobel, selling the Waggaman ammonia manufacturing facility in the US, and the company’s “clear roadmap for decarbonisation.” 

“I would like to thank my Board colleagues for their support and in understanding my decision to step down,” said Kruger in a statement. 

“Thank you also to IPL’s Interim CEO Paul Victor, the executive leadership team and the IPL people, for the work you do for our customers and shareholders.” 

Non-executive director Greg Robinson will succeed Kruger, taking effect on November 11. Robinson joined the board in November 2019, and has previously held senior executive roles at Newcrest Mining, BHP, Lattice Energy.

Picture: credit Incitec Pivot