CF Industries Appoints Andrew T. Scribner as New CFO
Summary
CF Industries Holdings, Inc. announced the appointment of Andrew T. Scribner, formerly of Kimberly-Clark, as its new Executive Vice President and Chief Financial Officer, effective May 26, 2026.
Key Events
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New CFO Appointed
Andrew T. Scribner has been elected Executive Vice President and Chief Financial Officer of CF Industries Holdings, Inc., effective May 26, 2026.
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Extensive Financial Background
Mr. Scribner joins from Kimberly-Clark Corporation, where he served as VP, Global Controller and Head of Corporate Finance Planning and Analysis, and previously as CFO for Kimberly-Clark North America. He also held senior finance leadership roles at Gap Inc. and The Kraft Heinz Company.
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Compensation Package Detailed
Mr. Scribner will receive a $140,000 sign-on bonus, an annual base salary of $675,000, a target annual incentive of 80% of base salary, and a $2 million long-term equity incentive award for fiscal year 2026. He will also enter into a standard change in control agreement.
Analysis
The appointment of a new Chief Financial Officer is a significant leadership change for CF Industries. Mr. Scribner brings extensive financial and operational experience from large consumer goods companies like Kimberly-Clark, Gap Inc., and The Kraft Heinz Company, which could provide valuable strategic perspective. While the compensation package is substantial, it is typical for a CFO at a company of this size. Investors will likely monitor the transition and any potential shifts in financial strategy under the new leadership.
At the time of this filing, CF was trading at $127.98 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $19.7B. The 52-week trading range was $75.42 to $141.96. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.