MAUMEE, Ohio, Jan. 8, 2016 /CNW/ -- The Andersons, Inc.
(Nasdaq: ANDE) announces today that COO Harold M. (Hal) Reed will step down from his
current position on February 1 and
oversee special company initiatives until his retirement in July.
Additionally, Thomas L. Waggoner,
Corporate Operations Services Senior Vice President, will retire
February 1.
"Hal and Tom both have had stellar careers with The Andersons
and have exhibited dedicated service and strong leadership over the
years," says CEO Pat Bowe. "Both Hal
and Tom have a variety of expertise, interests and talents, and we
wish them all the best as they embark on this next phase of their
lives.
"As a result of these changes, both senior leadership roles are
being eliminated," Bowe continues. "We are continually working to
keep our organization as lean as possible."
Reed has a 36-year tenure with the company. He held various
positions within the agriculture group before serving as the
President of the Grain & Ethanol Group between 2001 and 2012,
and becoming Chief Operating Officer in January of 2012. A renowned
industry leader, he is also a past chairman of the National Grain
& Feed Association (NGFA).
Waggoner began his career with The Andersons in 1986. He held
various positions in the retail and processing groups before being
named as the Turf & Specialty Group President in 2005 and
becoming the Senior Vice President of Corporate Operations Services
in December of 2014.
About The Andersons, Inc.
The Andersons, Inc. is a
diversified company rooted in agriculture. Founded in Maumee, Ohio, in 1947, the company conducts
business across North America in
the grain, ethanol, and plant nutrient sectors, railcar leasing,
turf and cob products, and consumer retailing. For more
information, visit The Andersons online at
www.andersonsinc.com.
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SOURCE The Andersons, Inc.