CHS Director Mike Toelle Resigns

Long-time CHS Inc. Director Mike Toelle of Browns Valley, MN, has resigned from the CHS Board of Directors to facilitate his election to the board of Nationwide Mutual Insurance Company on April 4.

“During his more than 20 years on the CHS Board, including nine years as chairman, Mike has made significant contributions to building the CHS that serves you today – a farmer-owned global company that is financially strong and delivers value for its member-owners each day,” said CHS Chairman David Bielenberg. “We wish him all the best as he pursues this new opportunity to serve agriculture and a broad range of other consumers as a director for this mutually owned company.”

Toelle said his more than 20 years of service on the CHS Board and that of its predecessor company have been “extremely satisfying both professionally and personally.”

“The vision and commitment of this board, combined with the talent and dedication of CHS leadership and staff, have created a farmer-owned cooperative whose achievements are unrivaled,” he said. “I am proud to have been a part of this journey.”

Bielenberg said the CHS Board intends to fill the vacancy at the next scheduled member meeting which will take place at the Dec. 5-6 CHS Annual Meeting. This also coincides with the end of Toelle’s current three-year term. Three additional directors — Curt Eischens, Jerry Hasnedl and David Johnsrud – also represent Minnesota.

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