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Dillon rancher chosen to co-operative board of directors
January 18, 2012
Editor@montanaliving.com
ST. PAUL, Minn. (Jan. 18, 2012) – Ed Malesich, a Dillon, Mont., rancher with extensive agribusiness leadership experience, has been elected to a three-year term on the board of directors of CHS Inc., the nation’s leading producer-owned cooperative.
Malesich, 59, was elected to represent farmers, ranchers and member cooperatives in Montana and Wyoming at the company’s recent annual meeting in Minneapolis.
“I’ve long believed in being involved in cooperatives,” Malesich said. “Ownership and the ability to count on our cooperatives as a source of products and services that help us succeed.”
He currently is vice chairman of Rocky Mountain Supply, Inc., Belgrade, Mont., having served a dozen years on that board and 18 on that of one of its predecessor cooperatives. In addition, he has served the past 13 years on the board of Northwest Farm Credit Services, Spokane, Wash., an $8 billion association serving four states. During his tenure with that organization, Malesich served two years as board chairman, as well as terms on its audit, governance, compensation and risk committees. He also served 16 years as a director for the East Bench Irrigation District. He is a member of the Montana Stockgrowers Association, Montana Grain Growers Association and Farm Bureau.
Malesich is president of Malesich Ranch Co., a diversified operation raising 1,300 head of commercial Angus cattle on 14,000 acres. It also utilizes federal, state and private land leases. Malesich Ranch also raises wheat, malt barley and hay on 2,000 irrigated acres, and operates a custom haying business.
Malesich holds a bachelor’s degree in agricultural production from Montana State University and is a member of the Alpha Gamma Rho Fraternity. He and his wife, Barb, have two grown children and four grandchildren.
CHS Inc. (www.chsinc.com) is the nation’s leading cooperative, owned by farmers, ranchers and co-ops across the United States. A diversified energy, grains and foods business and a Fortune 100 company, CHS is committed to providing the essential resources that enrich lives around the world. CHS supplies energy, crop nutrients, grain, livestock 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. CHS preferred stock is listed on the NASDAQ at CHSCP.
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, 2011, 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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