News & Events zu Mosaic Co (MOS)MOSMosaic Co

Mosaic Company Executive Karen Swager to Retire, Walt Precourt to Assume Role

The Mosaic Company announced that Karen Swager, Executive Vice President - Operations, plans to retire. Walt Precourt, SVP and Chief Administrative Officer will assume the role of EVP - Operations effective December 1. Ms. Swager will continue to serve as a senior advisor until her retirement in 2Q27. In his current role as CAO, Precourt leads the company's Procurement, Human Resources, Public Affairs and Global Business Services groups. He has been a member of the company's Executive Leadership Team since 2014. In addition to leading global operations, Mr. Precourt will lead the company's EHS function. He will continue to be based in Mosaic's Tampa executive office.

Trump Proposes $5B Investment in Middle East Energy Infrastructure

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.MIDDLE EAST ENERGY REBUILD:The White House has proposed investing $5B in a new fund that would help countries in the Middle East reconstruct energy infrastructure damaged or destroyed in the Iran war and lower their reliance on the Strait of Hormuz to transport oil and gas, the Wall Street Journal's Alexander Ward and Summer Said, citing U.S. and Middle Eastern officials as well as documents. Such a move would be a tacit acknowledgement that the war has greatly affected the global energy market and destroyed regional pipelines and refineries that will be expensive to rebuild, the authors note. Under President Trump's plan, the U.S. would aim for a matching contribution from eight Middle Eastern partners, namely Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Kuwait, Oman, Iraq, and Jordan, with a target of creating a $10B investment fund, the authors say. Publicly traded companies in the space include BP, Chevron, ConocoPhillips, Exxon Mobil, Shelland TotalEnergies.POTASH DEAL:President Donald Trump stated in a post to Truth Social, "The United States is working on a massive Deal with respect to the purchase of Potash from Belarus. The pricing would be for substantially less than we are currently paying to Canada, very good news for our Farmers and Ranchers. Thank you for your attention to this matter!" Intrepid, Mosaic, Nutrienunder performed after Trump post on Belarus potash deal.TRADE TRUCE:The U.S.-China trade truce appears likely to be extended as Trump and Xi prepare to meet, with talks expected to cover AI and trade in nonsensitive goods, but the relationship remains fragile as both sides continue actions they view as violations of the prior agreement and risk renewed tensions, The New York Times' Ana Swanson.NIH GRANTS:The White House has begun drafting a new executive order that could further cement President Trump's ability to control billions of dollars in scientific grants and expand the administration's pressure campaign against elite universities, The New York Times' Carolyn Y. JohnsonSheryl Gay StolbergTony Romm and Michael C. Bender. The order aims to create a new external committee with the power to veto awards in the National Institutes of Health's vast research portfolio that do not conform to Trump's political agenda, according to people with knowledge of the effort.

Intrepid, Mosaic, Nutrien Stocks Fall After Trump Post on Belarus Potash Deal

Intrepid, Mosaic, Nutrien fall after Trump post on Belarus potash deal