Thursday, March 13, 2008
Mr. Derek Pannell
The directors of Agrium Inc. are pleased to announce the appointment of Derek Pannell to the Board of Directors as of February 27, 2008.
Mr. Pannell is a Managing Partner of Brookfield Asset Management Inc. He is a director of Teck Cominco Ltd., Major Drilling Group International Inc., and Brookfield Infrastructure Partners L.P. He was President and Chief Executive Officer of Noranda/Falconbridge from 2001 to August 2006 and Vice-President, Operations of Compañia Minera Antamina from 1998 - 2001. Mr. Pannell is a graduate of Imperial College in London, England and the Royal School of Mines, London, England (ARSM), and an engineer registered in Quebec and Peru.
Agrium Inc. is a major Retail supplier of agricultural products and services in North and South America, a leading global Wholesale producer and marketer of all three major agricultural nutrients and the premier supplier of specialty fertilizers in North America through our Advanced Technologies business unit. Agriumís strategy is to grow across the value chain through acquisition, incremental expansion of its existing operations and through the development, commercialization and marketing of new products and international opportunities. Our strategy places particular emphasis on growth opportunities that both increase and stabilize our earnings profile in the continuing transformation of Agrium.
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