CHS Names Corporate Compliance Leader
ST. PAUL, Minn., Oct. 27 /PRNewswire-FirstCall/ — CHS, a leading energy, grains and foods company, announced today it has named Josh Blaisdell to the newly created position of vice president, Corporate Compliance.
“At CHS, stewardship is one of our core values. That means not only giving back our time, talents and resources, but making certain we operate all of our businesses with the utmost commitment to the environment, health and safety; and in compliance with the laws and regulations under which CHS operates,” said John Johnson, CHS president and chief executive officer. “This new position consolidates our current efforts under a single leader who can take our solid record of performance to new levels.”
Blaisdell will lead overall CHS domestic and international compliance and audit programs, heading a team that includes CHS environmental, health and safety, business continuity/disaster recovery and internal audit functions. He will be responsible for corporate compliance and results including government rules/regulations and development of company policies and procedures, as well as implementation and maintenance of state-of-the-art compliance programs, policies and procedures. In addition, his team will be responsible for audit, training and related activities that promote legal and ethical conduct. Blaisdell will report to David Kastelic, senior vice president of the new CHS Legal and Compliance Department, effective Jan. 1, 2010.
Blaisdell joined CHS in 1990 and has served as tax director since 1995, with responsibility for all domestic and international tax-related matters. He also led the implementation of CHS company-wide Sarbanes-Oxley compliance program and had responsibility for its ongoing management. He previously worked for Dyco Petroleum, Minneapolis; served as a tax accountant and was a commissioned officer in the U.S. Army. Blaisdell holds a juris doctor degree from the University of Idaho and a Bachelor of Science degree in accounting from the University of North Dakota. He is an active member of the National Society of Accountants for Cooperatives and the Legal, Tax and Accounting Committee of the National Council of Farmer Cooperatives.
CHS Inc. (www.chsinc.com) is a diversified energy, grains and foods company committed to providing the essential resources that enrich lives around the world. A Fortune 200 company, CHS is owned by farmers, ranchers and cooperatives, along with thousands of preferred stockholders across the United States. 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 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, 2008, which can be found on the Securities and Exchange Commission web site (www.sec.gov) or on the CHS web site www.chsinc.com.
SOURCE CHS Inc.