Bob Jornayvaz Steps Down: CEO Departure & Polo Injury Updates

02 May, 2025

Is it possible for a life to be defined by both the boardroom and the polo field? For Bob Jornayvaz, the answer appears to be a resounding yes, a testament to a life lived at the intersection of business acumen, sporting passion, and philanthropic endeavors.

The world of business and the rarefied atmosphere of high-goal polo have intertwined once again, this time bringing a mix of concern and admiration to the forefront. Bob Jornayvaz, a name synonymous with both entrepreneurial success and a fervent dedication to the sport of polo, has recently stepped down from his roles as Chief Executive Officer and Director following an extended medical leave of absence. The announcement, made on October 4, 2024, at 04:30 pm Eastern Daylight Time, signals a significant shift in his professional life, leaving many to reflect on a career marked by innovation and a sporting spirit. The news has reverberated across various circles, from the boardrooms of Intrepid Potash, Inc. to the hallowed grounds of the United States Polo Association.

Category	Details
Full Name	Robert "Bob" Paul Jornayvaz III
Date of Birth	Not publicly available
Place of Birth	Denver, Colorado (Kaytlyn Jornayvaz)
Parents	Louisa Craft Jornayvaz, Robert Bobby Paul Jornayvaz III
Spouse	Not publicly available
Children	Kaytlyn Jornayvaz
Education	Not specifically detailed, though his daughter Kaytlyn studied at the Courtauld Institute of Art at the University of London.
Current Roles	Chairman & Chief Executive Officer of Intrepid Acquisition Corporation I LLC (since 2021), Owner of Intrepid Production Corp., Owner and Team Captain of Valiente Polo Team
Past Roles	Founder of Intrepid Oil & Gas LLC (1996), Founder of Intrepid Potash, Inc. (2000), Director of Intrepid Potash, Inc. (2000-2024), Chief Executive Officer and Director of [Company Name] (Prior to leave of absence)
Business Interests	Oil & Gas, Potash Production, Polo, Horse Breeding, Philanthropy
Polo Involvement	Owner and Team Captain of Valiente Polo Team, Partnered with Adolfo Cambiaso, Supporter of USPA and National Polo Center
Noteworthy Events	Serious polo accident on April 6, 2024, during a U.S. Open match. The team captain and owner of valiente fell from a horse and was airlifted to a hospital.
Reference Website	SEC Filing (IPI)

The announcement of Jornayvaz's departure, made by the company, also included the appointment of Matt Preston, the current Chief Financial Officer, as Acting Principal Executive Officer. This transition, while temporary, underscores the operational continuity that companies often prioritize during leadership changes, particularly when brought about by unforeseen circumstances. Whitham, the company's spokesperson, further commented, "Our thoughts and best wishes go out to Bob and his family as he recovers," conveying the collective sentiment and respect for Jornayvaz during this challenging time.

Jornayvaz's career is a tapestry woven with threads of entrepreneurial spirit and a penchant for the finer things in life. He founded Intrepid Oil & Gas LLC in 1996 and Intrepid Potash, Inc. in 2000, demonstrating his early acumen in the natural resources sector. He held the title of director at Intrepid Potash from 2000 to 2024, illustrating a long-term commitment to the company's growth and strategic direction. More recently, he served as Chairman & Chief Executive Officer of Intrepid Acquisition Corporation I LLC since 2021, further diversifying his professional portfolio. These ventures highlight a career defined by leadership roles and an unwavering pursuit of opportunities.

However, beyond the corporate world, Jornayvaz is also known for his deep-seated passion for polo. He is the owner and team captain of the Valiente polo team, a prominent name in the U.S. polo circuit. His involvement in the sport extends beyond mere ownership; he has actively participated in the game, often partnering with some of the most celebrated players in the world, including the legendary Adolfo Cambiaso. Jornayvazs commitment to the sport and his team is evidenced by his presence on the field, his involvement in breeding and training horses, and his strong support for organizations such as the United States Polo Association (USPA) and the National Polo Center.

The intersection of Jornayvaz's business interests and his love for polo provides a fascinating glimpse into his multifaceted life. His entrepreneurial drive in the business world complements his pursuit of excellence in polo, reflecting a balanced and driven personality. This duality is not always common; the ability to seamlessly transition between the high-stakes world of business and the competitive environment of high-goal polo speaks volumes about his adaptability and passion.

Tragically, Jornayvaz's dedication to polo led to a serious accident on April 6, 2024, during a match in the U.S. Open. He sustained injuries that required immediate medical attention, and he remains in intensive care. The incident sent ripples of concern throughout the polo community, with the game's elite players and fans expressing their support and best wishes for his recovery. His accident and subsequent medical leave of absence have been a stark reminder of the inherent risks associated with the sport, even for seasoned players.

The news of Jornayvazs medical leave and his subsequent resignation as CEO and director of [Company Name] has elicited both professional and personal reactions. The business community is now watching the company's response. The company has already initiated a search to identify a successor for Jornayvaz, which shows their dedication to continuing the company's operations during the transition. Matt Preston's role as acting principal executive officer ensures that the company has capable leadership in place while the search for a permanent CEO is underway.

The world of polo has also been profoundly affected by the events surrounding Jornayvaz. His accident during the U.S. Open match brought the risks and the close-knit nature of the sport into sharp focus. Adolfo Cambiaso, his teammate and friend, has spoken about the accident, expressing his concern and focusing on Jornayvaz's recovery. This outpouring of support from the polo community illustrates the deep respect and camaraderie that exists among its members. Cambiaso, in his reflections, emphasizes the priority of Jornayvaz's well-being and the collective wish for his quick recovery, highlighting the human element that underpins the competitive spirit of the sport.

The Valiente team's involvement in the U.S. Open was a significant moment. Jornayvaz's presence as team captain and owner, along with Cambiaso, made Valiente a team to watch. Jornayvazs passion for the sport and his commitment to his team are palpable, from breeding and training horses to supporting the USPA and the National Polo Center. His participation in the sport reflects a commitment to excellence.

Jornayvaz's story resonates beyond the specific details of his career and sporting endeavors. It speaks to the essence of the modern entrepreneur and the multifaceted nature of a life well-lived. His journey from the founding of Intrepid Oil & Gas LLC and Intrepid Potash, Inc. to his role as the patron of Team Valiente illustrates a desire to make an impact across different industries. His story encompasses the drive to achieve in the business world and a passion for the sport of polo.

The news surrounding Bob Jornayvaz also sheds light on the importance of family and community. His daughter, Kaytlyn, born in Denver, Colorado, has a background in art and design, furthering a family legacy of achievement. The support from his family, friends, and the polo community during this challenging time reveals the importance of connection and support. This emphasizes the human side of a life often viewed from a professional perspective. The outpouring of support from across the globe reflects the impact Jornayvaz has had, both personally and professionally.

The current situation, with Jornayvaz on medical leave and the company seeking a successor, underscores the unpredictable nature of life. It serves as a reminder of the importance of health, the need for resilience, and the value of support networks. The world of polo and the business world will be watching, wishing for his full recovery and hoping for his return to the activities he enjoys. The search for a successor will be watched closely as the company navigates its future.

As the business world and the polo community await further news on his recovery and the next steps in his career, Bob Jornayvaz's story remains an example of how individuals can combine business success, athletic passion, and philanthropic dedication. The narrative underscores that one can forge a path characterized by a drive to excel in business, an enthusiasm for sports, and a commitment to supporting the organizations they care about. This continues to serve as an inspiration to all.

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