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He was a wide receiver and running back at Washburn University, where he earned a business degree before his brief stint with the Miami Dolphins.
Playing professional football was a heady experience, Schmidt said, but pragmatism won out.
At the time of the sale, Viterra’s workforce had quadrupled and it had operations in 14 countries.
The head of Toronto-Dominion Bank, whom Schmidt had worked with closely when he was head of Viterra, approached him about another turnaround opportunity.
“We had a historic company dating to 1924 that had fallen on difficult times,” Schmidt said.
“The team restructured the company and the balance sheet to give it a strong financial foundation and the opportunity to grow.” In 2012, Viterra was sold to Glencore, a Swiss-based commodity company, for .2 billion Canadian.
Hydro One was spun off as a publicly traded company in late 2015, with Schmidt as its chief executive.He’s “a wonderful man who shares our values,” Morris said when he introduced Schmidt to company employees in September.