Compass Minerals Appoints New Chief Executive Officer

Compass Minerals (NYSE: CMP) announced today that Kevin S. Crutchfield
will become the company’s president and chief executive officer and
serve as a member of its Board of Directors effective May 7, 2019. Mr.
Crutchfield joins Compass Minerals with more than 30 years of mining
experience, most recently as CEO of Contura Energy, Inc., a publicly
traded, leading coal producer.

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“After a comprehensive search, our Board is delighted to welcome Kevin
to Compass Minerals, and believes his proven track record as a CEO and
his extensive mining experience will be critical both operationally and
strategically as the company moves forward,” said Dick Grant, chairman
of the Board and interim CEO. “We look forward to working with Kevin to
create value for our shareholders.”

“I am grateful to the Board for entrusting me to lead a company with
such a rich and storied history,” said Kevin S. Crutchfield. “I am
excited to partner with our employees, customers and other key
stakeholders to build on the strength of Compass Minerals to achieve
future success.”

Mr. Crutchfield currently serves as CEO and member of the board of
directors of Contura Energy, Inc. since the company’s inception in 2016.
Previously, he served as chairman (from 2012 to 2016) and CEO (from 2009
to 2016) of Alpha Natural Resources, Inc., a coal producer. From 2003 to
2009, he held roles of increasing responsibility at Alpha Natural
Resources. Prior to Alpha Natural Resources, Mr. Crutchfield spent over
15 years working at natural gas, coal and gas producers. Mr. Crutchfield
currently serves on the board of directors of Contura as well as Coeur
Mining Inc., a publicly traded precious metals producer from which he is
stepping down on May 14, 2019.

Mr. Crutchfield holds a Bachelor of Science in Mining and Minerals
Engineering from Virginia Polytechnic Institute and State University. He
also completed the Executive Program at the University of Virginia
Darden School of Business.

Effective May 7, 2019, and as previously disclosed, Mr. Grant will
revert to his role as non-executive chairman of the Board. With Mr.
Crutchfield’s appointment, the Board will now be comprised of 10 members.

About Compass Minerals

Compass
Minerals is a leading provider of essential minerals that solve
nature’s challenges, including salt for winter roadway safety and other
consumer, industrial and agricultural uses, and specialty plant
nutrition minerals that improve the quality and yield of crops. The
company produces its minerals at locations throughout the U.S., Canada,
Brazil and the U.K., operating 21 production facilities and employing
more than 3,000 personnel worldwide. Compass Minerals’ mission is to be
the best essential minerals company by safely delivering where and when
it matters.

This press release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on the company's current expectations and involve
risks and uncertainties that could cause the company’s actual results to
differ materially. The differences could be caused by a number of
factors including those factors identified in the “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and Results
of Operations” sections of our Annual and Quarterly Reports on Forms
10-K and 10-Q. The company undertakes no obligation to update any
forward-looking statements made in this press release to reflect future
events or developments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190423005557/en/

Source: Business Wire
(April 23, 2019 - 9:00 AM EDT)

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