Brian Stone Named President of Intrepid
August 02 2021 - 4:05PM
Intrepid Potash, Inc. (NYSE: IPI) announced today that Brian Stone
has been promoted to President of Intrepid, effective August 2,
2021. As President, Mr. Stone will assume daily responsibility for
executing the operations for all segments of Intrepid’s business.
“Brian’s leadership experience and commodities background have
been a wonderful addition to Intrepid and we are excited for him to
lead the execution of our strategic vision to grow our oilfield
solutions business and drive profitable growth across all
segments.” said Bob Jornayvaz, Intrepid’s Executive Chairman and
CEO. “While navigating a challenging environment in 2020, Brian
successfully managed Intrepid’s oilfield business that is now
positioned to capitalize on recent improvements in oilfield
activity near our operations. We congratulate Brian on this
well-deserved promotion and look forward to his success in the
coming years.”
Mr. Stone joined Intrepid in December 2019 as Chief Operating
Officer with responsibility for Intrepid’s Oilfield Solutions
segment. Prior to joining Intrepid, Mr. Stone spent 34 years in all
phases of the oil and gas industry, most recently as Chief
Operating Officer for Hupecol Operating Co., an international oil
and gas company focused on South America and Europe. In that
capacity, Mr. Stone managed international oil and gas operations as
well as heading the finance and business development roles for
those companies. Earlier in his career, Mr. Stone worked for J.M.
Huber Corporation, a mining and natural resources company, as Vice
President in the Energy Sector, and later as Chief Risk Officer in
Huber’s corporate office.
About Intrepid
Intrepid is a diversified mineral company that delivers
potassium, magnesium, sulfur, salt and water products essential for
customer success in agriculture, animal feed and the oil and gas
industry. Intrepid is the only U.S. producer of muriate of potash,
which is applied as an essential nutrient for healthy crop
development, utilized in several industrial applications and used
as an ingredient in animal feed. In addition, Intrepid produces a
specialty fertilizer, Trio®, which delivers three key nutrients,
potassium, magnesium, and sulfate, in a single particle. Intrepid
also provides water, magnesium chloride, brine and various oilfield
services.
Intrepid serves diverse customers in markets where a logistical
advantage exists and is a leader in the use of solar evaporation
for potash production, resulting in lower cost and more
environmentally friendly production. Intrepid’s mineral production
comes from three solar solution potash facilities and one
conventional underground Trio® mine.
Intrepid routinely posts important information, including
information about upcoming investor presentations and press
releases, on its website under the Investor Relations tab.
Investors and other interested parties are encouraged to enroll at
intrepidpotash.com, to receive automatic email alerts for new
postings.
ContactMatt Preston, Vice
President - FinancePhone: 303-996-3048Email:
matt.preston@intrepidpotash.com
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