© Candid Conversations at Canada 360 - Chuck Magro, Canadian Chamber of Commerce
Magro is the Chief Executive Officer of Corteva Agriscience, a major American agricultural chemical and seed company that was the agricultural unit of DowDuPont prior to being spun off as an independent public company. Previously, he was the President and Chief Executive Officer of Nutrien, a Canadian fertilizer company based in Saskatoon, Saskatchewan.
Magro’s full name is Charles Victor Magro.
Magro holds a Bachelor’s Degree in Applied Science (Chemical Engineering) from the University of Waterloo and a Master’s in Business Administration from the University of Windsor.
Magro began his career in 2005 at NOVA Chemicals Corporation, a plastics and chemical company headquartered in Calgary, Alberta. In 2009, he joined Agrium, a major retail supplier of agricultural products and services in North America, South America and Australia, where he held roles of increasing responsibility, from vice president of manufacturing to executive vice president of corporate development to chief risk officer to chief operating officer, culminating in him being appointed chief executive officer of the company in 2014. He served as the president and chief executive officer of Agrium for four years, until it merged with Potash Corp. in 2018 to form Nutrien. Magro served as the president and chief executive officer of Nutrien from its inception in 2018 until April 2021. In October 2021, the Corteva Board of Directors announced it had appointed Margo as the company’s new chief executive officer, effective November 1, 2021. In this new role, Margo is also a member of the Corteva board.
As President, Chief Executive Officer and Director of Nutrien, Magro’s total compensation was $12,366,300. Margo has an estimated net worth of $124 million.
In 2014, Magro was the 19th highest ranked Chief Executive Officer in Calgary, with earnings of $6.7 million. In 2016, Magro rose to the fifth highest-ranking CEO in Calgary by salary, earning $10.4 million. Magro’s salary and compensation largely increased thanks to Agrium’s strong performance in 2015 and because his base salary increased 26 percent, as part of the company’s efforts to transition to market median pay levels.
Margo serves on the Canada Pension Investment Board. He also was the Vice-Chairman of the International Fertilizer Association and past chair and board member of The Fertilizer Institute. In addition, he served as Board Steward for the World Economic Forum’s Food System’s Initiative, where he provided strategic leadership to build inclusive and sustainable global food systems. Magro is also a board member of the Business Council of Alberta and the Business Council of Canada. He is a past chairman and board member of Canpotex Limited, one of the world’s largest potash exporters.