CF Industries Holdings, Inc. (CF



) announced early on Monday that its Chairman and Chief Executive Office Stephen R. Wilson will step down and retire as CEO effective January 1, 2014.
W. Anthony Will, CF Industries’ Senior Vice President, Manufacturing and Distribution, has been selected to succeed Wilson as CEO on January 1, 2014. Mr. Wilson will remain with the company as a director and serve as non-executive chairman.
Mr. Will joined CF Industries in 2007 as the company’s first vice president of corporate development. He was promoted to his present position in 2009 and has been responsible for annual production of 15 million tons of fertilizer and its distribution through some 70 locations.
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CF Industries Holdings shares were up $5.47, or 2.82%, during pre-market trading on Monday. The stock is down 4.59% year-to-date.
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