The Andersons, Inc. Appoints Executive Vice Presidents to Lead Agribusiness and Renewables Segments
The Andersons (ANDE) has announced a strategic reorganization, appointing Weston Heide and Mark Simmons as Executive Vice Presidents to lead its newly structured Agribusiness and Renewables segments, effective January 1, 2025. The company is transitioning to a two-segment operating structure, combining the former Nutrient & Industrial and Trade segments into Agribusiness, while maintaining the Renewables segment separately.
Both executives joined The Andersons in 2019 through the Lansing Trade Group acquisition. Heide, currently senior VP of trade and processing, brings 15 years of agribusiness experience. Simmons, currently VP for renewables, contributes over 25 years of agriculture and renewables industry expertise. The reorganization aims to streamline operations, enhance collaboration, and deliver a unified company experience. Financial reporting will maintain the current structure through 2024, with the new structure beginning Q1 2025.
The Andersons (ANDE) ha annunciato una riorganizzazione strategica, nominando Weston Heide e Mark Simmons come Vice Presidenti Esecutivi per guidare i suoi nuovi segmenti Agribusiness e Rinnovabili, a partire dal 1 gennaio 2025. L'azienda sta passando a una struttura operativa a due segmenti, combinando i precedenti segmenti Nutrizione & Industriale e Commercio in Agribusiness, mantenendo separatamente il segmento Rinnovabili.
Entrambi gli executive sono entrati in The Andersons nel 2019 attraverso l'acquisizione del Lansing Trade Group. Heide, attualmente VP senior di commercio e lavorazione, porta con sé 15 anni di esperienza nel settore agribusiness. Simmons, attualmente VP per le rinnovabili, contribuisce con oltre 25 anni di expertise nell'industria agricola e delle energie rinnovabili. L'obiettivo della riorganizzazione è semplificare le operazioni, migliorare la collaborazione e offrire un'esperienza aziendale unificata. La rendicontazione finanziaria manterrà la struttura attuale fino al 2024, con la nuova struttura che inizierà nel Q1 del 2025.
The Andersons (ANDE) ha anunciado una reorganización estratégica, nombrando a Weston Heide y Mark Simmons como Vicepresidentes Ejecutivos para liderar sus nuevos segmentos de Agronegocios y Renovables, a partir del 1 de enero de 2025. La compañía está realizando una transición a una estructura de operación de dos segmentos, combinando los antiguos segmentos de Nutrientes e Industrial y Comercio en Agronegocios, mientras mantiene el segmento de Renovables por separado.
Ambos ejecutivos se unieron a The Andersons en 2019 a través de la adquisición del Lansing Trade Group. Heide, actualmente VP senior de comercio y procesamiento, aporta 15 años de experiencia en el agronegocio. Simmons, actualmente VP de renovables, contribuye con más de 25 años de experiencia en la agricultura y la industria de energías renovables. La reorganización tiene como objetivo agilizar las operaciones, mejorar la colaboración y ofrecer una experiencia unificada a la empresa. La presentación de informes financieros mantendrá la estructura actual hasta 2024, con la nueva estructura que comenzará en el Q1 de 2025.
The Andersons (ANDE)는 전략적 재조정을 발표하며 Weston Heide와 Mark Simmons를 새로운 Agribusiness 및 Renewables 부문의 Executive Vice Presidents로 임명했습니다. 이들은 2025년 1월 1일부터 활동을 시작합니다. 이 회사는 구 Nutrient & Industrial 및 Trade 부문을 Agribusiness로 통합하고 Renewables 부문은 별도로 유지하면서 두 개의 부문 운영 구조로 전환하고 있습니다.
두 임원은 2019년 Lansing Trade Group 인수 과정을 통해 The Andersons에 합류했습니다. Heide는 현재 무역 및 처리 수석 VP로 15년의 농업 경험을 보유하고 있습니다. Simmons는 현재 재생 가능 담당 VP로 농업 및 재생 가능 산업에서 25년 이상의 전문성을 기여하고 있습니다. 이번 재조정의 목적은 운영을 간소화하고 협업을 강화하며 통합된 회사 경험을 제공하는 것입니다. 재무 보고서는 2024년까지 현재 구조를 유지하며, 새로운 구조는 2025년 1분기에 시작됩니다.
The Andersons (ANDE) a annoncé une réorganisation stratégique en nommant Weston Heide et Mark Simmons en tant que Vice-Présidents Exécutifs pour diriger ses nouveaux segments Agribusiness et Énergies Renouvelables, à compter du 1er janvier 2025. L'entreprise transitionne vers une structure opérationnelle à deux segments, combinant les anciens segments Nutriments & Industriel et Commerce dans Agribusiness, tout en maintenant le segment Énergies Renouvelables séparément.
Les deux dirigeants ont rejoint The Andersons en 2019 grâce à l'acquisition du Lansing Trade Group. Heide, actuellement VP senior du commerce et de la transformation, possède 15 ans d'expérience dans le secteur de l'agroalimentaire. Simmons, actuellement VP pour les énergies renouvelables, apporte plus de 25 ans d'expertise dans l'agriculture et l'industrie des énergies renouvelables. La réorganisation vise à rationaliser les opérations, améliorer la collaboration et offrir une expérience d'entreprise unifiée. La présentation des rapports financiers maintiendra la structure actuelle jusqu'en 2024, avec la nouvelle structure débutant au T1 2025.
The Andersons (ANDE) hat eine strategische Reorganisation angekündigt und Weston Heide und Mark Simmons zu Executive Vice Presidents ernannt, um die neu strukturierten Segmente Agrarwirtschaft und Erneuerbare Energien zu leiten, beginnend am 1. Januar 2025. Das Unternehmen wechselt zu einer Betriebsstruktur mit zwei Segmenten, indem die ehemaligen Segmente Nährstoffe & Industrie und Handel in Agrarwirtschaft zusammengeführt und das Segment Erneuerbare Energien separat beibehalten wird.
Beide Führungskräfte traten 2019 durch die Übernahme der Lansing Trade Group in die Andersons ein. Heide, derzeit Senior VP für Handel und Verarbeitung, bringt 15 Jahre Erfahrung in der Agrarwirtschaft mit. Simmons, derzeit VP für erneuerbare Energien, hat über 25 Jahre Erfahrung in der Landwirtschaft und der Branche der erneuerbaren Energien. Die Reorganisation zielt darauf ab, die Abläufe zu straffen, die Zusammenarbeit zu verbessern und ein einheitliches Unternehmensimage zu vermitteln. Die Finanzberichterstattung wird bis 2024 die derzeitige Struktur beibehalten, die neue Struktur beginnt im Q1 2025.
- Strategic reorganization into two segments aims to improve operational efficiency
- Both appointed EVPs bring significant industry experience (15+ and 25+ years respectively)
- Company recently recognized on Forbes' Most Successful Small Companies list and Financial Times' Fastest Growing Companies
- None.
The shift to a two-segment operating and reporting structure is designed to streamline operational efficiency, enhance cross-functional collaboration, and drive growth. This structure will support the company's focus on unlocking value across the former Nutrient & Industrial and Trade segments to form the Agribusiness segment. The Renewables segment will continue to substantially operate as currently reported with an enhanced focus on growth. Financial reporting for 2024 will remain under the current structure, with the transition to the new structure beginning Q1 2025.
"We are excited to simplify our organization to enhance our ability to meet the evolving needs of our customers and stakeholders," said President and CEO Bill Krueger. "With the experience and leadership of
Weston Heide joined The Andersons in 2019 as part of its acquisition of Lansing Trade Group. He currently serves as senior vice president of trade and processing where he leads business units across commodity merchandising, grain handling assets, specialty ingredients, and facility operations and safety. Heide brings over 15 years of experience in the agribusiness sector covering various corporate and commercial roles.
Mark Simmons also joined The Andersons in 2019 as part of the Lansing acquisition and currently serves the role of vice president for the renewables business where he is responsible for ethanol marketing, trading, and plant originations. He began his career trading feed ingredients and transitioned to renewable fuels in 2006, where he was integral in the success of the ethanol trading business. Simmons has more than 25 years' experience in agriculture and the renewables industry and throughout his career has held various trading roles in crude oil, biodiesel, and refined products.
The two EVPs bring extensive expertise and a commitment to operational excellence. Initially, they will oversee day-to-day operations under the current framework as they transition to their new roles. Their focus will be on partnering across the organization to unify efforts, drive productivity, and position The Andersons for long-term success.
About The Andersons, Inc.
The Andersons, Inc., named for 2024 to Forbes list of America's Most Successful Small Companies, Newsweek's list of America's Most Responsible Companies, and one of The
View original content to download multimedia:https://www.prnewswire.com/news-releases/the-andersons-inc-appoints-executive-vice-presidents-to-lead-agribusiness-and-renewables-segments-302328166.html
SOURCE The Andersons, Inc.
FAQ
When will The Andersons (ANDE) implement its new two-segment structure?
Who are the newly appointed Executive Vice Presidents at The Andersons (ANDE)?
What are the two new segments in The Andersons' (ANDE) reorganization?
When did Weston Heide and Mark Simmons join The Andersons (ANDE)?
