8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): October 22, 2009

The Andersons, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Ohio	000-20557	34-1562374
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
480 West Dussel Drive, Maumee, Ohio		43537
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 419-893-5050

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 22, 2009, The Andersons, Inc. issued a press release announcing the appointment of Nicholas C. Conrad as Vice President, Finance & Treasurer effective November 1, 2009. Mr. Conrad fills the position vacated by Gary Smith who is retiring after 29 years with the Company. An employee of The Andersons since 1984, Mr. Conrad has served as the Assistant Treasurer since 1995. Between 1986 and 1995 he served as the Cash Manager, and before that he served as the Credit Manager. He served with two financial institutions for eight years before joining the company. This press release is attached as exhibit 99.1 to this filing.

On October 22, 2009, the Company also named John T. Stout, Jr. to the company’s Board of Directors effective immediately. This press release is attached as exhibit 99.2 to this filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	The Andersons, Inc.
October 23, 2009	By:	Michael J. Anderson
		Name: Michael J. Anderson
		Title: President and CEO

Exhibit Index

Exhibit No.	Description
99.1	Press Release - Nicholas C. Conrad
99.2	Press Release - John T. Stout, Jr.

EX-99.1

NEWS RELEASE

Contact: Debra A. Crow
Corporate Communications Manager Date:

October 22, 2009

Phone: 419-891-6483

E-mail: debra—crow@andersonsinc.com

THE ANDERSONS NAMES CONRAD AS CORPORATE VICE PRESIDENT

MAUMEE, OHIO, OCT. 22, 2009 – The Andersons, Inc. (Nasdaq:ANDE) has named Nicholas C. Conrad as Vice President, Finance & Treasurer, effective November 1.

Conrad fills the position vacated by Gary L. Smith who is retiring after 29 years with the company.

In his new role, Conrad will oversee the corporate functions of finance, treasury, investor relations, credit and insurance.

An employee of The Andersons since 1984, Conrad has most recently served as the Assistant Treasurer. Between 1986 and 1995 he served as the Cash Manager, previously serving as the Credit Manager. He served with two financial institutions for eight years before joining the company.

Conrad has an MBA from the University of Michigan, Ann Arbor, a Master of Arts degree in English from The University of Toledo, where he also earned his bachelor’s degree in English. In 2006, Conrad attended the Stanford Graduate School of Business Executive Program, Palo Alto, Calif.

His community affiliations include serving as the Chairperson for the UT Foundation Investment Committee and a board member for the UT Foundation Board of Trustees. Conrad is also a member of the Financial Executives Institute (FEI), national and Toledo chapters.

Conrad resides in Sylvania, Ohio, with his wife. The couple has one child and two grandchildren.

About The Andersons, Inc.
The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now has operations in 14 U.S. states and Puerto Rico, plus rail equipment leasing interests in Canada and Mexico. For more information, visit The Andersons online at www.andersonsinc.com.

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NEWS RELEASE

Contact: Gary L. Smith
VP, Finance & Treasurer Date:

Oct. 22, 2009

Phone: 419-891-6417

E-mail: gary—smith@andersonsinc.com

The Andersons Elects Stout to Board of Directors

MAUMEE, Ohio, Oct. 22 — The Andersons, Inc. (Nasdaq: ANDE) has named John T. Stout, Jr. to the company’s Board of Directors effective immediately.

The appointment of Mr. Stout brings The Andersons’ Board to 10 members.

“John’s extensive career in the financial market specifically as it relates to the food industry provides a nice dimension to our Board,” said Chairman, President and CEO Mike Anderson. “We are extremely pleased with the current composition of our Board and the strength it provides to our Company.”

Mr. Stout currently serves as the Chief Executive Officer of Plaza Belmont Management Group LLC, a private equity firm specializing in the acquisition of food manufacturing companies, a position he has held since founding the company in 1998. Mr. Stout previously served as President of Manildra Milling Corp. and Manildra Energy Corp. located in Shawnee Mission, Kansas from 1991 to 1998. In 1990, he helped form a group of investors, who purchased Diana Fruit Company in Santa Clara, Calif., from Tyson Foods, Inc., and he continues to be involved in the ownership of that company. Between 1984 and 1990, Mr. Stout was Executive Vice President of Dixie Portland Flour Mills Inc., in Memphis, Tennessee.

For the past six years, Mr. Stout has served on the Economic Advisory Council of the District Ten Federal Reserve Bank. He is active within the food industry, having served as Chairman of the International Wheat Gluten Association, the Wheat Quality Council, the Allied Trades of the Baking Industry and the Young Baking Industry Executives of the ABA.

Currently, Mr. Stout serves on the boards of directors of Diana Fruit Company, Mennel Milling Company, Packaging Products Corporate, MaMa Rosa’s Pizza and Casa de Oro Foods.

Mr. Stout holds a bachelor of business administration from Emory University, Atlanta.

About The Andersons, Inc.
The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing. Founded in Maumee, Ohio, in 1947, the company now has operations in 14 U.S. states and Puerto Rico, plus rail equipment leasing interests in Canada and Mexico. For more information, visit The Andersons online at www.andersonsinc.com.

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