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CF Industries’ Dennis P. Kelleher to Retire as Chief Financial Officer September 1, 2019; Christopher D. Bohn Named Successor; Ashraf Malik Named New SVP, Manufacturing & Distribution

CF Industries Holdings, Inc. (NYSE:CF), today announced that Dennis P. Kelleher, senior vice president and chief financial officer, has informed the company he will retire from CF effective September 1, 2019. Christopher D. Bohn, senior vice president, manufacturing and distribution, has been selected to succeed Kelleher as chief financial officer effective September 1, 2019.

“I am grateful for the contributions Dennis has made over the past eight years,” said Tony Will, president and chief executive officer, CF Industries Holdings, Inc. “He has played a significant role in helping drive financial and operational excellence and creating long-term value for our shareholders. I thank Dennis for his extraordinary leadership and congratulate him on a successful and rewarding career.”

“Chris’ selection as chief financial officer is a great example of our internal succession planning program," said Will. "He is an outstanding executive with proven leadership experience and an unwavering focus on safety. Chris will continue to provide strategic leadership as we capitalize on the opportunities ahead for CF.”

Bohn is a 10-year veteran with CF, most recently serving as senior vice president, manufacturing and distribution, overseeing the company’s world class nitrogen complexes and distribution facilities located in Canada, the United Kingdom and the United States. Bohn has held roles of increasing responsibility at CF including senior vice president, supply chain, and vice president, corporate planning.

Prior to joining CF, Bohn served as chief financial officer for Hess Print Solutions. Earlier in his career, he was vice president, global financial planning and analysis for Merisant Worldwide, Inc. Mr. Bohn earned his BS degree in Finance at Indiana University and also holds an MBA from Northwestern University's Kellogg Graduate School of Management.

Additionally, Ashraf Malik, vice president, site operations, has been promoted to senior vice president, manufacturing and distribution, succeeding Bohn on September 1, 2019.

“Since joining CF in 2012 Ashraf has shown tremendous leadership in all aspects of our site operations and enterprise wide environment, health and safety programs. His more than 25 years of industry experience and expertise will allow us to continue to deliver on our outstanding operational results and industry leading safety record,” said Will.

Malik holds a First Class Honors Degree in Control, Instrumental and Systems Engineering from the City University of London.

About CF Industries Holdings, Inc.

CF Industries is a leading global fertilizer and chemical company with outstanding operational capabilities and a cost-advantaged production and distribution platform. Our 3,000 employees operate world-class manufacturing complexes in Canada, the United Kingdom and the United States. We serve our customers in North America through an unparalleled production, storage, transportation and distribution network. We also reach a global customer base with exports from our Donaldsonville, Louisiana, plant, the world’s largest and most flexible nitrogen complex. Additionally, we move product to international destinations from our Verdigris, Oklahoma, facility; our Yazoo City, Mississippi, facility; our Billingham and Ince facilities in the United Kingdom; and a joint venture ammonia facility in the Republic of Trinidad and Tobago in which we own a 50 percent interest. CF Industries routinely posts investor announcements and additional information on the company’s website at www.cfindustries.com and encourages those interested in the company to check there frequently.

Contacts:

Media
Chris Close
Director, Corporate Communications
847-405-2542 – cclose@cfindustries.com

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