Morton Salt names new CEO

CHICAGO — Morton Salt, part of the K+S Group, has announced that Christian Herrmann, currently head of investor relations for K+S, will succeed Mark Roberts as CEO of Morton Salt. Roberts has been appointed as a member of the board of executive eirectors of K+S, effective Oct. 1, 2012.

"It has been a privilege to serve the passionate people of Morton Salt, as well as the iconic business and brands they represent," Roberts said. "While I may be taking on a new role, I will remain involved with Morton Salt as I focus on building the broader global salt business for K+S."

Norbert Steiner, chairman of the board of executive directors of K+S Group, noted, "As we look ahead to the transition, Morton Salt will remain in very capable hands. Christian's global business insights and strategic thinking will deliver significant value for the future of Morton Salt."

Herrmann, 38, joined K+S in 2002 as manager in the investor relations department, becoming head of that department in 2005, and has been credited with having shaped K+S' reputation and perception among international investors and analysts.

"Morton Salt has a long, rich history in the marketplace and I am honored to have been appointed as its CEO," Herrmann said. "I am thrilled about joining the team in Chicago and working together to inspire and maintain the company's legacy of success."

Roberts, 48, has been a part of K+S for more than 20 years. He was named CEO of Morton Salt in October 2009, following K+S' acquisition of the company. In his new role, Roberts will be responsible for K+S' global salt business segment with operations in North America, South America and Europe.