CF · NYSE

CF Industries

Fertilizers & Agricultural Chemicals · Deerfield, Illinois · founded 1946

Board members
12
CEO
Christopher D. Bohn
Insider buys, 12 mo
$0
Insider sales, 12 mo
$72.2M

Board of directors (12)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

W. Anthony Will
President & CEOsince 2016 or earlier+2 S&P boards
Christopher D. Bohn
President & CEOsince Feb 2024
Anne P. Noonan
Directorsince 2016 or earlier+1 S&P board
Theresa E. Wagler
Directorsince May 2016
Robert C. Arzbaecher
Directorsince May 2016
Michael Toelle
Directorsince Jul 2017
John W. Eaves
Directorsince Jul 2017
Celso L. White
Directorsince Oct 2018
Javed Ahmed
Directorsince Dec 2018
Deborah L. Dehaas
Directorsince May 2021+1 S&P board
Yris Jesus Madrazo
Directorsince Jul 2021
Susan A. Ellerbusch
Directorsince Oct 2023

Executive officers (11)

Christopher D. Bohn
President & CEOsince 2016 or earlier
Gregory D. Cameron
EVP and CFOsince Jun 2024
Andrew Scribner
EVP and CFOsince May 2026
Bert A. Frost
EVP, Chief Commercial Officersince 2016 or earlier
Richard A. Hoker
VP and Corporate Controllersince 2016 or earlier
Susan L. Menzel
EVP and Chief Admin. Officersince Oct 2017
Ashraf K. Malik
Sr. VP, Manufacturing & D'istnsince Sep 2019
Linda M. Dempsey
VP, Public Affairssince Mar 2020
Michael Patrick McGrane
SVP, Gen. Counsel & Secretarysince Jul 2023
Erik M. Mayer
VP, Clean Energy & BusDevelopsince Jan 2026
Trevor Leigh Williams
SVP, Manufacturing & Dist'nsince Apr 2026

Company facts

Chair
—
In S&P 500 since
Aug 2008
Incorporated in
DE
Fiscal year ends
December
SEC industry
Agricultural Chemicals
SEC filings
EDGAR

Connections to other S&P 500 companies

Current directors and officers who also hold a role at another S&P 500 company.

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$72.2M
36 trades · 8 insiders
Net, 12 mo
-$72.2M
Data through
Mar 17, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Mar 17, 2026Erik M. Mayer
VP, Clean Energy & BusDevelop
Sale1,500$124.69$187K
Mar 17, 2026Richard A. Hoker
VP and Corporate Controller
Sale3,499$125.38$439K
Mar 17, 2026Bert A. Frost
EVP, Chief Commercial Officer
Sale6,000$126.00$756K
Mar 13, 2026W. Anthony Will
President & CEO
Sale20,368$131.17$2.7M
Mar 13, 2026W. Anthony Will
President & CEO
Sale32,658$130.62$4.3M
Mar 12, 2026Susan L. Menzel
EVP and Chief Admin. Officer
Sale18,041$136.06$2.5M
Mar 12, 2026Bert A. Frost
EVP, Chief Commercial Officer
Sale6,250$136.69$854K
Mar 11, 2026W. Anthony Will
President & CEO
Sale28,625$118.64$3.4M
Mar 9, 2026Bert A. Frost
EVP, Chief Commercial Officer
Sale5,534$116.21$643K
Mar 6, 2026Michael Patrick McGrane
SVP, Gen. Counsel & Secretary
Sale3,666$116.50$427K
Mar 6, 2026Erik M. Mayer
VP, Clean Energy & BusDevelop
Sale2,200$116.25$256K
Mar 6, 2026Bert A. Frost
EVP, Chief Commercial Officer
Sale10,000$119.01$1.2M
Mar 5, 2026W. Anthony Will
President & CEO
Sale57,364$109.35$6.3M
Mar 5, 2026Susan L. Menzel
EVP and Chief Admin. Officer
Sale7,200$111.00$799K
Mar 5, 2026Ashraf K. Malik
Sr. VP, Manufacturing & D'istn
Sale2,439$111.00$271K
Mar 5, 2026Richard A. Hoker
VP and Corporate Controller
Sale6,184$109.33$676K
Mar 5, 2026Linda M. Dempsey
VP, Public Affairs
Sale864$107.00$92K
Mar 4, 2026Linda M. Dempsey
VP, Public Affairs
Sale1,000$106.00$106K
Mar 4, 2026Linda M. Dempsey
VP, Public Affairs
Sale136$107.00$15K
Mar 3, 2026W. Anthony Will
President & CEO
Sale33,866$109.32$3.7M
Mar 3, 2026W. Anthony Will
President & CEO
Sale30,407$108.78$3.3M
Mar 3, 2026Susan L. Menzel
EVP and Chief Admin. Officer
Sale3,914$106.09$415K
Mar 3, 2026Michael Patrick McGrane
SVP, Gen. Counsel & Secretary
Sale2,766$105.36$291K
Mar 2, 2026W. Anthony Will
President & CEO
Sale1,950$107.04$209K
Mar 2, 2026W. Anthony Will
President & CEO
Sale44,104$106.59$4.7M

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Sep 3, 2026

    On August 31, 2026, Vice President and Corporate Controller and Chief Accounting Officer, Richard A. Hoker, informed CF Industries Holdings, Inc. (the “Company”) that he intends to retire from employment with the Company effective as of March 3, 2027.

    Read the 8-K filing
  2. May 5, 2026

    On May 5, 2026, CF Industries Holdings, Inc. (“CF Industries” or the “Company”) announced that Andrew T. Scribner has been elected executive vice president and chief financial officer (principal financial officer), effective May 26, 2026 (the “Effective Date”). Mr. Scribner, 47, joins CF Industries from Kimberly-Clark Corporation, where Mr. Scribner served as vice president, global controller and head of corporate finance planning and analysis from June 2025 to May 2026 and as chief financial officer - Kimberly-Clark North America from January 2023 to June 2025.

    Read the 8-K filing
  3. Jan 13, 2026

    As previously reported, on January 5, 2026, the Company and Mr. Cameron, executive vice president and chief financial officer of the Company, mutually agreed that Mr. Cameron will separate from the Company, effective as of February 15, 2026. The separation is a termination without cause and is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. The Company and Mr. Cameron have entered into a Separation and Release Agreement, dated as of January12, 2026 (the “Separation Agreement”), in connection with Mr. Cameron’s separation. Under the terms of the Separation Agreement, Mr.

    Read the 8-K filing
  4. Jan 7, 2026

    On January 5, 2026, CF Industries Holdings, Inc. (the “Company”) and Gregory D. Cameron, executive vice president and chief financial officer (“CFO”) of the Company, mutually agreed that Mr. Cameron will separate from the Company, effective as of February 15, 2026. On January 6, 2026, the Company appointed Richard A. Hoker to serve as Interim CFO of the Company, effective as of February 15, 2026, until a successor CFO is appointed. The Company has also commenced a search for a permanent CFO. Mr. Hoker, age 61, has served as the Company’s vice president and corporate controller and chief accounting officer since November 2007. Before joining the Company, Mr. Hoker spent over 11 years with Sara Lee Corporation, where he served as vice president and controller from January 2007 to November 2007 and principal accounting officer from July 2007 to November 2007.

    Read the 8-K filing
  5. Dec 19, 2025

    At a meeting held on December 16, 2025, the Compensation and Management Development Committee (the “Committee”) of the Board approved the 2026 base salary, target annual incentive award and target total grant value for the long-term incentive award for Mr. Bohn, which reflects his new role as president and chief executive officer of the Company. Beginning January 1, 2026, Mr. Bohn’s annual base salary will be increased to $1,100,000 and his target annual incentive award under the Company’s short-term incentive program will be increased to 135% of his base salary. Mr. Bohn’s 2026 target total grant value of his long-term incentive award is $7,500,000, which will be comprised of performance restricted stock units (“PRSUs”) representing 60% and restricted stock units (“RSUs”) representing 40% of the target total grant value.

    Read the 8-K filing
  6. Sep 8, 2025

    On September 5, 2025, W. Anthony Will informed CF Industries Holdings, Inc. (the “Company”) that he will be retiring as president and chief executive officer of the Company, effective as of January 4, 2026. Mr. Will will thereafter serve as an employee and senior advisor until March 15, 2026. In addition, Mr. Will will remain a member of the Board of Directors (the “Board”) of the Company until the next annual meeting of shareholders to be held in 2026, at which time he will retire from the Board and not stand for re-election. On September 6, 2025, the Board elected Christopher D. Bohn, currently the Company's executive vice president and chief operating officer, to succeed Mr. Will as president and chief executive officer, effective as of January 4, 2026. Mr. Bohn has been a member of the Board since February 2024. Mr.

    Read the 8-K filing
  7. Jul 24, 2025

    On July 20, 2025, Senior Vice President, Manufacturing and Distribution, Ashraf Malik, informed CF Industries Holdings, Inc. (the “Company”) that he intends to retire from employment with the Company effective as of April 1, 2026. On July 24, 2025, the Company issued a press release with respect thereto. A copy of the press release is filed as Exhibit 99.1 hereto and incorporated herein by reference.

    Read the 8-K filing
  8. Jan 6, 2025

    On January 2, 2025, the Compensation and Management Development Committee of the Board of Directors of CF Industries Holdings, Inc. (the “Company”) approved a retention award under the Company’s 2022 Equity and Incentive Plan (the “Plan”) to Susan L. Menzel, the Company’s Executive Vice President and Chief Administrative Officer, of 28,637 restricted stock units (“RSUs”). Subject to Ms. Menzel’s continued employment or qualifying service with the Company, and subject to accelerated vesting in connection with a Change in Control (as defined in the Plan) or Ms. Menzel’s death or Disability (as defined in the award agreement), the RSUs will vest in full on January 2, 2028. The retention award was effected under the Company’s standard form of award agreement, except that the award does not provide for pro-rata vesting in the event of Ms. Menzel’s retirement prior to the final vesting date. 2

    Read the 8-K filing
  9. Jun 20, 2024

    On June 17, 2024, CF Industries Holdings, Inc. (“CF Industries” or the “Company”) announced that Gregory D. Cameron has been appointed Executive Vice President and Chief Financial Officer (principal financial officer), effective June 17, 2024. Mr. Cameron succeeds Christopher D. Bohn, who was appointed to serve as the Company’s Executive Vice President and Chief Operating Officer in February 2024 and continued to serve as the Company’s Chief Financial Officer until the effective date of Mr. Cameron’s appointment. Mr. Cameron, 55, joins CF Industries from Bloom Energy Corporation, which designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation, where Mr. Cameron served as President and Chief Financial Officer from February 2023 to May 2024 and as Executive Vice President and Chief Financial Officer from April 2020 to February 2023. Mr.

    Read the 8-K filing
  10. Feb 5, 2024

    On January 31, 2024, effective February 1, 2024, the board of directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) appointed Christopher D. Bohn to serve as the Company’s Executive Vice President and Chief Operating Officer and elected Mr. Bohn to the Board. Mr. Bohn is continuing to serve as the Company’s Chief Financial Officer until the appointment of his successor in that capacity. In connection with Mr. Bohn’s appointment as Executive Vice President and Chief Operating Officer, the Compensation and Management Development Committee of the Board approved the following compensation changes for Mr. Bohn: (i) effective as of February 1, 2024, Mr. Bohn’s annual base salary rate was increased to $800,000 and his target annual incentive opportunity under the Company’s short-term incentive program was increased to 100% of his base salary and (ii) on February 1, 2024, Mr.

    Read the 8-K filing
  11. Oct 17, 2023

    On October 17, 2023, the Board of Directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) elected Susan A. Ellerbusch to the Board effective immediately. In connection with Ms. Ellerbusch’s election to the Board, she has been appointed to serve as a member of the Environmental Sustainability and Community Committee of the Board. Upon her election to the Board, as a non-employee director, Ms. Ellerbusch received a restricted stock grant under the Company’s 2022 Equity and Incentive Plan with a fair market value of $160,000. In addition, as a non-employee director, Ms. Ellerbusch is entitled to an annual cash retainer of $115,000, payable quarterly in advance, including $28,750 for the current quarterly period which began August 3, 2023. Ms.

    Read the 8-K filing
  12. Jul 7, 2023

    On July 6, 2023, Senior Vice President, General Counsel, and Secretary, Douglas C. Barnard, advised the Board of Directors of CF Industries Holdings, Inc. (the “Company”) that he intends to retire from employment with the Company effective as of January 12, 2024. On July 6, 2023, the Company issued a press release with respect thereto. A copy of the press release is filed as Exhibit 99.1 hereto and incorporated herein by reference.

    Read the 8-K filing
  13. Dec 15, 2022

    On December 13, 2022, the Compensation and Management Development Committee (the “Committee”) of the board of directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) amended and restated the CF Industries Holdings, Inc. Annual Incentive Plan (the “AIP”), effective for periods on and after January 1, 2023. Under the AIP, the Committee will be responsible for administering the annual cash incentive program for executive officers of the Company, including establishing the formula and performance targets upon which annual incentives bonuses for a performance year will be based, setting the executive officers’ target awards, and determining the level of satisfaction of the performance targets and the actual amount of the bonuses that will be paid to executive officers based upon the performance.

    Read the 8-K filing
  14. May 13, 2022

    As noted in Item 5.07 of this Current Report on Form 8-K, at the 2022 annual meeting of shareholders (the “Annual Meeting”) of CF Industries Holdings, Inc. (the “Company”), held on May 11, 2022, the Company’s shareholders approved the adoption of the CF INDUSTRIES HOLDINGS, INC. 2022 Equity and Incentive Plan (the “Plan”). The Plan permits grants of stock options, stock appreciation rights, restricted stock, restricted stock units and other stock-based awards, which in each case may be conditioned on performance criteria, to employees and consultants of the Company and its subsidiaries and non-employee directors of the Company.

    Read the 8-K filing
  15. Oct 13, 2021

    On October 12, 2021, Stephen A. Furbacher, current Chairman of the Board of Directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) informed the Board that he will retire, and not stand for re-election to the Board, at the Company’s Annual Meeting of Stockholders in May 2022, under the general policy of the Company that no director having attained the age of 74 years shall be nominated for re-election or reappointment to the Board. Mr. Furbacher will step down as Chairman effective January 1, 2022 and continue to serve on the Board until his current term of office expires at the Annual Meeting. Mr. Furbacher has been an independent director since 2007 and served as Chairman of the Board since 2014. On October 13, 2021, the Board elected Stephen J. Hagge, a current independent director, to succeed Mr. Furbacher as Chairman of the Board effective January 1, 2022.

    Read the 8-K filing
Show 6 older changes
  1. Jul 20, 2021

    On July 19, 2021, the Board of Directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) elected Jesus Madrazo Yris to the Board effective immediately. In connection with Mr. Madrazo’s election to the Board, he has been appointed to serve as a member of the Environmental Sustainability and Community Committee and the Corporate Governance and Nominating Committee of the Board. Upon his election to the Board, as a non-employee director, Mr. Madrazo received a restricted stock grant under the Company’s 2014 Equity and Incentive Plan with a fair market value of $150,000. In addition, as a non-employee director, Mr. Madrazo is entitled to an annual cash retainer of $105,000, payable quarterly in advance, including $26,250 for the current quarterly period which began May 4, 2021. Mr.

    Read the 8-K filing
  2. May 31, 2019

    On May 30, 2019, Dennis P. Kelleher, Chief Financial Officer (“CFO”) of CF Industries Holdings, Inc. (the “Company”) resigned as CFO of the Company, effective as of September 1, 2019 (the “Retirement Date”), in connection with his pending retirement from the Company. Christopher D. Bohn, current Senior Vice President, Manufacturing and Distribution of the Company, will succeed Mr. Kelleher as the Company’s CFO, effective as of September 1, 2019. In connection with his appointment as CFO, effective as of September 1, 2019, Mr. Bohn’s annual base salary will increase from $550,000 to $600,000 and his target bonus opportunity will increase from $440,000 to $480,000. Mr. Bohn has served as the Company’s senior vice president, manufacturing and distribution, since May 2016.

    Read the 8-K filing
  3. Dec 14, 2018

    On December 12, 2018, the Board of Directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) elected Javed Ahmed to the Board effective immediately. In connection with Mr. Ahmed’s election to the Board, he has been appointed to serve as a member of the Corporate Governance and Nominating Committee of the Board. Upon his election to the Board, as a non-employee director, Mr. Ahmed received a restricted stock grant under the Company’s 2014 Equity and Incentive Plan with a fair market value of $130,000. In addition, as a non-employee director, Mr. Ahmed is entitled to an annual cash retainer of $100,000, payable quarterly in advance, including $25,000 for the current quarterly period which began December 10. Mr.

    Read the 8-K filing
  4. Oct 12, 2018

    On October 11, 2018, the Board of Directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) elected Celso L. White to the Board effective immediately. In connection with Mr. White’s election to the Board, he has been appointed to serve as a member of the Compensation and Management Development Committee of the Board. Upon his election to the Board, as a non-employee director, Mr. White received a restricted stock grant under the Company’s 2014 Equity and Incentive Plan with a fair market value of $130,000. In addition, as a non-employee director, Mr. White is entitled to an annual cash retainer of $100,000, payable quarterly in advance, including $25,000 for the current quarterly period which began August 9. Mr.

    Read the 8-K filing
  5. Jul 26, 2017

    regarding committees of the board to which the new directors have been named. This Amendment No. 1 sets forth the complete text of each item as amended. Except as stated in this Explanatory Note, the Original 8-K remains unchanged.

    Read the 8-K filing
  6. Jul 24, 2017

    On July 24, 2017, the Board of Directors (the “Board”) of CF Industries Holdings, Inc. (the “Company”) increased the size of the Board from ten to twelve directors and elected John W. Eaves and Michael J. Toelle to the Board effective immediately. In connection with their election to the Board, Messrs. Eaves and Toelle have both been appointed to serve as members of the Compensation Committee of the Board and the Corporate Governance and Nominating Committee of the Board. Upon their election to the Board, as non-employee directors, Messrs. Eaves and Toelle each received a restricted stock grant under the Company’s 2014 Equity and Incentive Plan with a fair market value of $120,000. In addition, as non-employee directors, each of Messrs.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$119.39+253% since 2016 board/officer change filed
28.0479.2713120172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$7.1B$1.8B25.4%$8.97$14.1B
FY2024$5.9B$1.5B24.9%$6.74$13.5B
FY2023$6.6B$1.8B27.7%$7.87$14.4B
FY2022$11.2B$3.9B35.2%$16.38$13.3B
FY2021$6.5B$1.3B19.3%$4.24$12.4B
FY2020$4.1B$432.0M10.5%$1.47$12.0B
FY2019$4.6B$646.0M14.1%$2.23$12.2B
FY2018$4.4B$428.0M9.7%$1.24$12.7B

Former directors and officers (12)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Stephen J. Hagge
DirectorMay 2016 – May 2025
Douglas C. Barnard
EVP, Corp. Dev.& Legal Advisor2016 or earlier – Jan 2024
Stephen A. Furbacher
DirectorMay 2016 – Mar 2022
David P. Hopkins
Managing Director, CF Fert. UKFeb 2018 – Mar 2021
William Davisson
DirectorMay 2016 – Mar 2021
Rosemary L. O'Brien
VP, Public AffairsFeb 2018 – Mar 2020
Dennis P. Kelleher
Sr VP and CFO2016 or earlier – Sep 2019
John D. Johnson
DirectorMay 2016 – May 2019
Adam L. Hall
VP, Corporate Development2016 or earlier – Mar 2019
Edward A. Schmitt
DirectorMay 2016 – May 2017
Robert G. Kuhbach
DirectorMay 2016 – May 2017
Wendy S. Jablow
Sr. VP, Human Resources2016 or earlier – Mar 2017
CF Industries (CF) board, executives and insiders | USBoard