CHS owners elect five board members and pass bylaw amendments December 6, 2022 CHS owners elected five of their peers to the CHS Board of Directors on Dec. 2, 2022. From left: Al Holm, Sleepy Eye, Minn.; Mark Farrell, Cross Plains, Wis.; Jerrad Stroh, Juniata, Neb.; Kevin Throener, Cogswell, N.D.; and Hal Clemensen, Aberdeen, S.D. CHS owners elected five board members to three-year terms during the cooperative’s 2022 annual meeting held Dec. 1 and 2 in Minneapolis, Minn. Reelected to three-year terms were: Al Holm, who raises corn, soybeans, sweet corn, peas and hay with his family near Sleepy Eye, Minn., representing Region 1 (Minnesota) Kevin Throener, who raises corn, soybeans, alfalfa and cattle with his family near Cogswell, N.D., representing Region 3 (North Dakota) Hal Clemensen, who raises corn, soybeans and wheat with his wife in Brown and Spink counties, S.D., representing Region 4 (South Dakota) Mark Farrell, who raises corn and soybeans with his brother and son in Dane County, Wis., representing Region 5 (Connecticut, Delaware, Illinois, Indiana, Kentucky, Ohio, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont, Virginia, West Virginia and Wisconsin) Newly elected CHS Board member Jerrad Stroh succeeds former director Steve Riegel, who retired from the Board on Dec. 2, 2022, and will represent CHS members in Region 8 (Nebraska, Kansas, Colorado, New Mexico, Oklahoma and Texas). Stroh raises corn and soybeans with his family in Adams County, Neb. CHS Board officer elections The following CHS Board members were elected to one-year officer terms: Dan Schurr, LeClaire, Iowa, reelected chair Scott Cordes, Wanamingo, Minn., elected first vice chair Russell Kehl, Quincy, Wash., reelected secretary treasurer C.J. Blew, Castleton, Kan., elected second vice chair Holm, reelected assistant secretary-treasurer Amendments passed CHS owners voted to approve amendments to the CHS Bylaws that give the CHS Board flexibility to schedule regional caucuses and Director elections at a time and location that will enable the most owners to participate in CHS governance.
CHS reports fiscal year 2020 net income of $422.4 million CHS reported net income of $422.4 million for the fiscal year that ended Aug. 31, 2020. This compares to fiscal year 2019 net income of $829.9 million. Key financial drivers… Read More
CHS Reports Fiscal 2021 Second-Quarter Results CHS Inc., the nation’s leading agribusiness cooperative, today released results for its fiscal second quarter ended Feb. 28, 2021. The company reported a net loss of $38.2 million versus net… Read More
Power of cooperative ownership As America’s largest farmer-owned cooperative, the cooperative model and the strength it brings to local communities is the backbone of CHS. Every October, that model is celebrated as part of… Read More