MBAC Fertilizer Corp. announced the appointment of Cristiano Melcher as the company's President and Chief Executive Officer. Mr. Melcher will formally assume the functions of President and Chief Executive Officer on February 1, 2014 upon completion of his current employment obligations.

Antenor Silva, the current Chief Executive Officer, will be stepping down as CEO and will remain a Director of the Company. Mr. Melcher is an experienced senior executive in the resource, fertilizer and chemical sectors, primarily in Brazil. For the last three years, Mr. Melcher was the Chief Executive Officer of Fosbrasil.