MOVING TO CEO from CFO
BY TOM LINQUIST
Mark Pytosh is CEO of $300 million CVR Partners, a Houston-based manufacturer of ammonia and urea ammonium nitrate for fertilizer products. The company is owned by billionaire Carl Icahn's, Icahn Enterprises.
Mark shares his experience of moving from CFO to CEO in an Icahn-controlled organization. Our conversation explores his experience working in a variety of ownership structures, including public company and private equity-backed organizations. We also discuss his leadership alterations in moving from CFO to CEO. Mark also provides advice to CFOs interested in becoming CEOs and to Boards contemplating developing and promoting a CFO in a CEO succession process.
Mark Pytosh BIO
Mark Pytosh is the president and CEO of $300 million CVR Partners, a Houston-based manufacturer of ammonia and urea ammonium nitrate for fertilizer products. CVR Partners, whose majority stakeholder (CVR Energy) is owned by billionaire Carl Icahn's Icahn Enterprises, engages in petroleum refining through two crude oil refineries in Oklahoma and Kansas. Before joining CVR Partners as CEO, Pytosh was CFO at Tervita Corporation, a Canada-based environmental and energy services company; CFO at Covanta Energy Corporation, a global waste energy renewable power company chaired by Sam Zell; and CFO of Waste Services, an integrated solid waste services company that operates in the United States and Canada. Pytosh led recapitalizations of both Tervita and Covanta. Prior to his corporate leadership, he spent 18 years in investment banking. Pytosh earned a BS in chemistry at the University of Illinois at Urbana-Champaign. He serves on the Board of Directors for the University of Illinois Foundation.
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