CHS Inc. Owners Elect Five Board Members During Annual Meeting
December 07, 2021 at 08:01 pm
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ST. PAUL, Minn., Dec. 7, 2021 /PRNewswire/ -- CHS Inc. (NASDAQ: CHSCP) owners elected five board members to three-year terms during the cooperative's 2021 annual meeting held Dec. 2 and 3 in Minneapolis, Minnesota. CHS Inc. is the nation's largest cooperative and a leading global agribusiness company owned by farmers, ranchers and cooperatives across the United States.
Reelected to three-year terms are:
David Beckman, who raises irrigated corn and soybeans and operates a custom hog-feeding operation near Elgin, Neb., representing Region 8 (Nebraska, Kansas, Colorado, New Mexico, Oklahoma, Texas)
David Johnsrud, who farms with his brother and nephew near Starbuck, Minn., representing Region 1 (Minnesota)
David Kayser, who raises corn, soybeans and hay and operates a cow-calf and feeder-calf business near Alexandria, S.D., representing Region 4 (South Dakota)
Steve Fritel, who raises cash grain, including spring wheat, barley, soybeans, edible beans, corn and canola on his family farm near Rugby, N.D., representing Region 3 (North Dakota)
Russ Kehl, who raises a variety of crops and owns a cow-calf herd, a dry bean processing facility, a custom farming business and a trucking and logistics company in Quincy, Wash., representing Region 6 (Washington, Oregon, Idaho, Utah, Arizona, California, Hawaii, Nevada, Alaska)
The following CHS Board members were elected to one-year officer terms:
Dan Schurr, LeClaire, Iowa, reelected chair
C.J. Blew, Castleton, Kan., reelected first vice chair
Jon Erickson, Minot, N.D., reelected second vice chair
Alan Holm, Sleepy Eye, Minn., elected assistant secretary-treasurer
Amendments passed CHS owners voted to approve amendments to the CHS Articles of Incorporation and CHS Bylaws. The amendments remove obsolete language and confirm the option of employing the practice of voting electronically for CHS annual meetings and special meetings.
CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, agronomy, grains and foods, CHS is committed to creating connections to empower agriculture, helping its farmer-owners, customers and other stakeholders grow their businesses through its domestic and global operations. CHS supplies energy, crop nutrients, seed, crop protection products, grain marketing services, production and agricultural services, animal nutrition products, foods and food ingredients, and risk management services. The company operates petroleum refineries and pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.
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CHS Inc. is an integrated agricultural company, which provides grain, food, agronomy and energy resources to businesses and consumers on a global basis. It provides products and services, ranging from initial agricultural inputs, such as fuels, farm supplies, crop nutrients and crop protection products to agricultural outputs that include grains and oilseeds, processed grains and oilseeds, renewable fuels, and food products. It operates through three segments. Energy segment is involved in refining, wholesaling, and retailing of petroleum products. Ag segment is involved in origination and marketing of grain; wholesaling of crop nutrient and crop protection products; selling of soybean meal, soybean refined oil and soy flour products; production and marketing of renewable fuels; and retail selling of petroleum and agronomy products, processed sunflowers, feed, and farm supplies. Nitrogen Production segment consists of its equity method investment in CF Industries Nitrogen, LLC.