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CHS names Rick Dusek to lead retail ag operations

INVER GROVE HEIGHTS, Minn., Nov. 17, 2017 /PRNewswire/ -- CHS Inc. (NASDAQ: CHSCP), the nation's leading farmer-owned cooperative and a global energy, grains and foods company, has named Rick Dusek executive vice president for its Country Operations division. This division serves farmers and ranchers through locally governed ag retailers in 450 communities across 16 states.

"A strong leader with a diverse background in commodity businesses, Rick brings a depth and breadth of industry knowledge and experience that will help us continue to create value for our owners through our Country Operations retail platform," said CHS President and CEO Jay Debertin.

With nearly three decades in the cooperative system, Dusek recently served as vice president, CHS Agronomy, where he was responsible for global crop nutrients supply and trading, North American fertilizer operations, sales and marketing, and for developing additional agronomy product and technology offerings.

Previously, Dusek served as vice president, grain marketing, where he oversaw North American commodity trading, logistics and transportation and risk management. His team led the strategic expansion of the company's North American grain origination platform, including inland river terminal acquisitions and development and upgrading of export terminal facilities.

Dusek joined CHS in 1988 and spent his early days on the wheat export trading desk. He was named director of merchandising in 2006 and vice president of grain marketing in 2012. He currently serves on the board of directors for The Fertilizer Institute, and is a past board member of the Minneapolis Grain Exchange.

Born and raised in Grafton, N.D., Dusek earned a bachelor's of science degree in agricultural economics from North Dakota State University.

CHS Inc. (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, 2017. 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.