Business Context and Reporting Period
This Form 8-K is a current report filed by The Mosaic Company on April 11, 2013. The filing addresses a corporate governance matter regarding the resignation of a member of the Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel changes and does not contain financial performance data.
Material Changes
The primary material change reported is the resignation of Phyllis E. Cochran from the Board of Directors. Ms. Cochran resigned following her departure as President and Chief Executive Officer of Navistar Financial Corporation on December 31, 2012, in accordance with the Company's Corporate Governance Guidelines regarding material changes in employment for non-employee directors.
Guidance, Outlook, and Management Commentary
The Board accepted Ms. Cochran's resignation on April 11, 2013. The resignation is effective as of the date of the Company's 2013 Annual Meeting of Stockholders, which is currently anticipated to occur in October 2013. No financial guidance, outlook, or risk contingencies are disclosed in this filing.
Important Facts for Investors to Verify
- Phyllis E. Cochran's resignation from the Board is effective at the 2013 Annual Meeting of Stockholders.
- The resignation was triggered by her change in employment status at Navistar Financial Corporation.
- The 2013 Annual Meeting of Stockholders is anticipated to be held in October 2013.
- This filing contains no financial results or operational updates.