CHS Inc., a farmer-owned cooperative and global energy, grains and foods company, announced today it has named veteran food industry financial leader Timothy Skidmore as its new executive vice president and chief financial officer, effective August 19, 2013.
Skidmore most recently was vice president, financial planning and analysis at Campbell Soup Co., where he led financial planning and reporting for the company. Previously, Skidmore served as vice president of finance and strategy for Campbell North America, Campbell’s largest operating division. Skidmore will succeed David Kastelic, CHS executive vice president and chief financial officer, who in January announced his retirement effective September 3, 2013. Skidmore will be a member of the CHS senior leadership team and report to CHS President and Chief Executive Officer Carl Casale.
“Tim brings an impressive track record of driving decisions and delivering results,” said Casale. “He has deep experience in operating finance and treasury roles, and has demonstrated a strong commitment to collaboration and teamwork throughout his career.”
Skidmore, 52, joined Campbell as assistant treasurer in 2001 and has held numerous leadership positions in finance including leading the cash management, corporate finance and international treasury functions and serving in various business unit CFO roles including the U.S. soup, simple meals, beverages and international businesses where he was responsible for financial strategy, planning, reporting and balance sheet management. Prior to joining Campbell, Skidmore spent 15 years at DuPont Co., where he held a variety of financial leadership positions, including leading DuPont’s finance function across Asia Pacific. Skidmore began his career at Conoco Philips.
He holds a bachelor’s degree in risk management from the University of Georgia, and a Master of Business Administration in finance from Widener University, Chester, PA.