ST. PAUL, Minn., Dec. 12, 2017 /PRNewswire/ -- CHS owners
have elected farmers from Illinois
and Minnesota, and re-elected five
other farmers to serve three-year terms as directors of the
nation's leading farmer-owned cooperative and global energy, grains
and foods company. The owners also elected a Washington farmer to serve a one-year term on
the cooperative's board of directors.
The elections took place during the 2017 CHS Annual Meeting held
Dec. 8, in Minneapolis. CHS Directors must be full-time
farmers or ranchers to be eligible for election to the 17-member
board.
Newly elected Director Scott
Cordes of Wanamingo, Minn.,
succeeds Curt Eischens of
Minneota, Minn., who had served on
the board since 1990. With his brother and nephew, Cordes operates
a 1,000-acre corn and soybean farm. He received his bachelor's
degree in agricultural economics from the University of Minnesota and previously served as
the president of CHS Hedging.
Newly elected Director Tracy
Jones of Kirkland, Ill.,
succeeds Greg Kruger of Eleva, Wis., who had served on the board since
2008. Jones, who operates a corn, soybean and wheat farm, and also
finishes 1,400 head of feedlot cattle annually, has been chairman
of the CHS Elburn board of directors since 2011.
Newly elected Director Russ Kehl
of Quincy, Wash., fills the final
year of a three-year term previously held by David Bielenberg, who resigned in June 2017. Kehl raises potatoes, dry beans and
other crops on a 12,000-acre farm. A director for CHS Connell Grain
since 2004, Kehl also operates a dry bean processing facility and
cow-calf operation.
Re-elected were C.J. Blew, Castleton, Kan.; Jon
Erickson, Minot, N.D.;
Edward Malesich, Dillon, Mont.; Perry
Meyer, New Ulm, Minn., and
Dan Schurr, LeClaire, Iowa.
Following the annual meeting, the CHS Board re-elected Schurr to
a one-year term as chairman. Other directors selected as officers
for 2018 were:
- C.J. Blew, first vice chairman
- David Johnsrud, Starbuck, Minn., secretary-treasurer
- Jon Erickson, second vice
chairman
- Steve Riegel, Ford, Kan., assistant secretary-treasurer
CHS Inc. (NASDAQ: CHSCP) (www.chsinc.com) is a leading global
agribusiness owned by farmers, ranchers and cooperatives across
the United States. Diversified in
energy, grains and foods, CHS is committed to helping its
customers, farmer-owners and other stakeholders grow their
businesses through its domestic and global operations. CHS, a
Fortune 100 company, supplies energy, crop nutrients, grain
marketing services, animal feed, food and food ingredients, along
with business solutions including insurance, financial and risk
management services. The company operates petroleum
refineries/pipelines and manufactures, markets and distributes
Cenex® brand refined fuels, lubricants, propane and
renewable energy products.
This document and other CHS Inc. publicly available documents
contain, and CHS officers and representatives may from time to time
make, "forward–looking statements" within the meaning of the safe
harbor provisions of the U.S. Private Securities Litigation Report
Act of 1995. Forward–looking statements can be identified by words
such as "anticipate," "intend," "plan," "goal," "seek," "believe,"
"project," "estimate," "expect," "strategy," "future," "likely,"
"may," "should," "will" and similar references to future periods.
Forward–looking statements are neither historical facts nor
assurances of future performance. Instead, they are based only on
CHS current beliefs, expectations and assumptions regarding the
future of its businesses, future plans and strategies, projections,
anticipated events and trends, the economy and other future
conditions. Because forward–looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of CHS control. CHS actual results and financial
condition may differ materially from those indicated in the
forward–looking statements. Therefore, you should not rely on any
of these forward–looking statements. Important factors that could
cause CHS actual results and financial condition to differ
materially from those indicated in the forward–looking statements
are discussed or identified in CHS public filings made with the
U.S. Securities and Exchange Commission, including in the "Risk
Factors" discussion in Item 1A of CHS Annual Report on Form 10–K
for the fiscal year ended August 31,
2017. Any forward–looking statements made by CHS in this
document are based only on information currently available to CHS
and speak only as of the date on which the statement is made. CHS
undertakes no obligation to publicly update any forward–looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
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SOURCE CHS Inc.