Business
Intrepid Potash grants temporary medical leave of absence to CEO Bob Jornayvaz (NYSE:IPI)
- Intrepid Potash (NYSE:IPI) said its Board of Directors have granted Bob Jornayvaz, Executive Chairman of the Board and Chief Executive Officer of the company, a temporary medical leave of absence, effective immediately, as he recovers from an accident.
- The Board temporarily delegated all responsibilities of the Chairman of the Board to Barth Whitham, Lead Director, according to a filing.
- The Board appointed Matthew Preston, the company’s Chief Financial Officer, as acting principal executive officer.
- The company also announced that Intrepid’s co-founder, Hugh Harvey, has been appointed as a Class III Director.
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