Fast exit for head of Glencore North America farm unit

Mon Jan 7, 2013 12:31pm EST
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* Fran Malecha to join Compass Minerals Jan. 17

* Glencore promoted Malecha last month

* Replacement named internally

By Rod Nickel

WINNIPEG, Manitoba, Jan 7 (Reuters) - The head of Glencore International Plc's recently acquired North American agriculture business is leaving his post just a month into the job, creating a potential complication in integrating the unit.

Fran Malecha was Viterra Inc's chief operating officer until Glencore completed its acquisition of the Canadian company on Dec. 17 and appointed him director of agricultural products for North America.

Compass Minerals, a salt and specialty fertilizer producer based in the Kansas City, Kansas metro area, named Malecha its chief executive on Monday.

Malecha, 48, will take up his new post on Jan. 17 but will continue to work at Viterra in the meantime.

His abrupt change of plans gives Malecha a chance to lead a company in the city where he once lived, a Viterra spokeswoman said.   Continued...