INVER GROVE HEIGHTS, Minn.,
Aug. 3, 2016 /PRNewswire/ -- CHS
Inc. (NASDAQ: CHSCP), the nation's leading farmer-owned cooperative
and a global energy, grains and foods business, has appointed
Manuel (Manny) San Miguel to the
newly created position of vice president, risk management services.
In this new role, San Miguel will oversee CHS Hedging, the
company's commodity brokerage subsidiary, as well as CHS Insurance,
its full-service insurance agency subsidiary.
"When we ask our owners what keeps them up at night, the number
one answer time and time again is managing their risk," said
Lisa Zell, executive vice president,
CHS Business Solutions. "We realized we have a unique
opportunity to create a truly aligned risk management organization
on their behalf – and this is our first step.
"Manny is a proven leader and we're excited about the insight
and experience he'll bring to this new role as we build out a full
view of what our customers need in risk management," she added.
With a strong background in management and operations, San
Miguel has been with CHS since 2011 as vice president of enterprise
strategy and planning. He was responsible for establishing
corporate development, long-term enterprise strategy, and financial
planning and analysis processes for all CHS business operations.
San Miguel also led the recent business transformation project that
integrated a new process and systems platform designed to serve CHS
owners and customers well into the future. He currently serves on
the board of governors for CHS Capital, the company's financing
subsidiary.
San Miguel began his career as an auditor for Arthur Andersen
LLP. He is a graduate of Inter-American
University in San Juan, Puerto
Rico, where he was born. He holds a double bachelor's degree
in accounting and marketing, and is also a certified public
accountant.
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 and other CHS Inc. publicly available documents
contain, and CHS officers and representatives may from time to time
make, "forward–looking statements" within the meaning of the safe
harbor provisions of the U.S. Private Securities Litigation Report
Act of 1995. Forward–looking statements can be identified by words
such as "anticipate," "intend," "plan," "goal," "seek," "believe,"
"project," "estimate," "expect," "strategy," "future," "likely,"
"may," "should," "will" and similar references to future periods.
Forward–looking statements are neither historical facts nor
assurances of future performance. Instead, they are based only on
CHS current beliefs, expectations and assumptions regarding the
future of its businesses, future plans and strategies, projections,
anticipated events and trends, the economy and other future
conditions. Because forward–looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict and many of
which are outside of CHS control. CHS actual results and financial
condition may differ materially from those indicated in the
forward–looking statements. Therefore, you should not rely on any
of these forward–looking statements. Important factors that could
cause CHS actual results and financial condition to differ
materially from those indicated in the forward–looking statements
are discussed or identified in CHS public filings made with the
U.S. Securities and Exchange Commission, including in the "Risk
Factors" discussion in Item 1A of CHS Annual Report on Form 10–K
for the fiscal year ended August 31,
2015. Any forward–looking statements made by CHS in this
document are based only on information currently available to CHS
and speak only as of the date on which the statement is made. CHS
undertakes no obligation to publicly update any forward–looking
statement, whether written or oral, that may be made from time to
time, whether as a result of new information, future developments
or otherwise.
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SOURCE CHS Inc.