CF Industries

Leadership transition appears well‑planned. Long‑time CEO Tony Will retired effective January 4, 2026, with COO and former CFO Chris Bohn appointed CEO. Under this team, CF executed significant capacity, reliability, and capital return programs while advancing clean‑energy projects and commercial offtakes.

CFO responsibilities transitioned in 2024 to Gregory D. Cameron, adding external energy technology experience. Safety and operational metrics remain strong by industry standards. Overall alignment and continuity look solid, though we will monitor execution on Blue Point and ongoing capital discipline under the new CEO.