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CHS Inc. Owners Elect Five Board Members During Annual Meeting

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On December 2-3, 2021, during its annual meeting in Minneapolis, CHS Inc. (NASDAQ: CHSCP) elected five board members to three-year terms. Reelected members include David Beckman, David Johnsrud, David Kayser, Steve Fritel, and Russ Kehl, representing various regions across the U.S. Additionally, Dan Schurr was reelected as chair, and other officer positions were filled. Amendments to the Articles of Incorporation and Bylaws were approved, allowing electronic voting for future meetings. CHS Inc. continues to be a leading global agribusiness focused on empowering agriculture.

Positive
  • Board stability with reelection of experienced members, potentially enhancing strategic direction.
  • Approval of amendments allows for the adoption of electronic voting, increasing accessibility for stakeholders.
Negative
  • None.

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
  • Russ Kehl, Quincy, Wash., reelected secretary-treasurer
  • 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. 

 

Cision View original content:https://www.prnewswire.com/news-releases/chs-inc-owners-elect-five-board-members-during-annual-meeting-301439402.html

SOURCE CHS Inc.

FAQ

Who were elected to the board of CHS Inc. in 2021?

Five board members were elected, including David Beckman, David Johnsrud, David Kayser, Steve Fritel, and Russ Kehl.

What changes were made to the CHS Articles of Incorporation?

Amendments were approved to remove obsolete language and allow electronic voting for annual and special meetings.

What are the new officer positions at CHS Inc.?

Dan Schurr was reelected chair, with C.J. Blew as first vice chair, Jon Erickson as second vice chair, Russ Kehl as secretary-treasurer, and Alan Holm as assistant secretary-treasurer.

What was the date of the CHS Inc. annual meeting in 2021?

The annual meeting was held on December 2-3, 2021.

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