0001104659-13-089126.txt : 20131209 0001104659-13-089126.hdr.sgml : 20131209 20131209164646 ACCESSION NUMBER: 0001104659-13-089126 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20131206 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20131209 DATE AS OF CHANGE: 20131209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHS INC CENTRAL INDEX KEY: 0000823277 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-FARM PRODUCT RAW MATERIALS [5150] IRS NUMBER: 410251095 STATE OF INCORPORATION: MN FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36079 FILM NUMBER: 131266072 BUSINESS ADDRESS: STREET 1: 5500 CENEX DRIVE CITY: INVER GROVE HEIGHTS STATE: MN ZIP: 55077 BUSINESS PHONE: 651-355-6000 MAIL ADDRESS: STREET 1: 5500 CENEX DRIVE CITY: INVER GROVE HEIGHTS STATE: MN ZIP: 55077 FORMER COMPANY: FORMER CONFORMED NAME: CENEX HARVEST STATES COOPERATIVES DATE OF NAME CHANGE: 19980611 FORMER COMPANY: FORMER CONFORMED NAME: HARVEST STATES COOPERATIVES DATE OF NAME CHANGE: 19961212 8-K 1 a13-25998_18k.htm 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: December 6, 2013

(Date of earliest event reported)

 

CHS Inc.

(Exact name of registrant as specified in its charter)

 

Commission File Number: 0-50150

 

Minnesota

 

41-0251095

(State or other jurisdiction of incorporation)

 

(IRS Employer Identification No.)

 

5500 Cenex Drive, Inver Grove Heights, Minnesota 55077

(Address of principal executive offices, including zip code)

 

(651) 355-6000

(Registrant’s telephone number, including area code)

 

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:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o 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 December 6, 2013, at the Annual Members Meeting of CHS Inc. (the “Company”), each of the following directors was re-elected to the Board for a three-year term:  Robert Bass, Dennis Carlson, Randy Knecht and Steve Riegel.  The delegates also elected one new director, Al Holm, to serve a three-year term on the Board.  Mr. Holm fills the vacancy created by the resignation of Michael Toelle on April 3, 2013.  The following directors’ terms of office continued after the meeting:  Donald Anthony, David Bielenberg, Clinton J. Blew, Curt Eischens, Jon Erickson, Steve Fritel, Jerry Hasnedl, David Johnsrud, David Kayser, Greg Kruger, Edward Malesich and Daniel Shurr.

 

Al Holm, 53, will represent members in Minnesota.  Holm has served 19 years on the board of what is now River Region Cooperative located in Sleepy Eye, Minnesota, and has served as chairman for the past eight years.  He has also served as chairman of the Southern Minnesota Co-op Directors’ Association and secretary of the Minnesota State Co-op Directors Association.  Holm previously served two years on the CHS Resolution Committee (from 2006 to 2007), including as chairman in 2007.  He has also served in leadership capacities with the Brown County Farm Service Agency county committee, Ag Star Financial Services Advisory Board and Renville Co-op Transport.

 

Following the Annual Members Meeting, the Board of Directors held the annual re-organizational meeting at which Board officers were elected.  All of the Board officers were re-elected for a one-year term: David Bielenberg- was re-elected Chairman of the Board, Dennis Carlson- was re-elected First Vice Chairman of the Board, Daniel Schurr- was re-elected Secretary-Treasurer of the Board, Steve Fritel was re-elected Second Vice Chairman of the Board and Curt Eischens was re-elected Assistant Secretary-Treasurer of the Board.

 

Item 7.01                   Regulation FD Disclosure.

 

On December 9, 2013, the Company issued a press release announcing the results of the election of directors to the Board.  A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 9.01                   Financial Statements and Exhibits.

 

(d)  Exhibits.

 

Exhibit No.

 

Description

99.1

 

Press release dated December 9, 2013.

 

2



 

SIGNATURE

 

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.

 

 

 

CHS Inc.

 

 

 

 

December 9, 2013

By:

/s/ Carl M. Casale

 

 

Name: Carl M. Casale

 

 

Title: President and Chief Executive Officer

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

99.1

 

Press release dated December 9, 2013.

 

4


EX-99.1 2 a13-25998_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

FOR IMMEDIATE RELEASE

For further information,

 

 

 

Contact:

Lani Jordan

 

 

(651) 355-4946

 

 

lani.jordan@chsinc.com

 

Minnesota farmer joins CHS Board;

Oregon producer re-elected chairman

 

ST. PAUL, MINN. (December 9, 2013) — Alan Holm of Sleepy Eye, Minn., has been elected to a three-year term on the board of CHS Inc., the nation’s leading farmer-owned cooperative and a global energy, grains and foods company.

 

Delegates elected Holm to the 17-member board at the recent CHS Annual Meeting on Dec. 6, 2013. During its yearly reorganization session following the annual meeting, board members re-elected David Bielenberg of Silverton, Ore., to his second one-year term as chairman.

 

Holm, 53, brings to the CHS Board nearly two decades experience in cooperative and agricultural leadership. He has served 19 years on the board of what is now River Region Co-op, Sleepy Eye, Minn., the past eight as chairman. In addition, he has served as chairman of the Southern Minnesota Co-op Directors’ Association and secretary of the Minnesota State Co-op Directors’ Association. Holm also served two years on the CHS Resolutions Committee, including one as chairman.  He has also served in leadership capacities with the Brown County Farm Service Agency county committee, Ag Star Financial Services Advisory Board and Renville Co-op Transport.

 

Holm holds an associate’s degree in machine tool technology from Mankato (Minn.) Technical College and has participated in numerous cooperative and agriculture educational programs. He raises corn, soybeans sweet corn, peas and hay on 1,400 acres near Sleepy Eye and also operates a 50-head cow-calf herd.

 

Also re-elected to one-year leadership terms were:

 

·                  Dennis Carlson, Bismarck, N.D., as first vice chairman

·                  Dan Schurr, LeClaire, Iowa, as secretary-treasurer

·                  Steve Fritel, Rugby, N.D., as second vice chairman

·                  Curt Eischens, Minneota, Minn., as assistant secretary-treasurer

 



 

Delegates also re-elected Carlson, Robert Bass, Reedsburg, Wis., Randy Knecht, Houghton, S.D., and Steve Riegel, Ford, Kan., to three-year terms on the CHS Board.

 

CHS Inc. (www.chsinc.com) is a leading global agribusiness owned by farmers, ranchers and cooperatives across the United States. Diversified in energy, grains and foods, CHS is committed to helping its customers, farmer-owners and other stakeholders grow their businesses through its domestic and global operations. CHS, a Fortune 100 company, supplies energy, crop nutrients, grain marketing services, animal feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products.

 

This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management’s current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management’s estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2013, which can be found on the Securities and Exchange Commission web site (www.sec.gov) or on the CHS web site www.chsinc.com.

 


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