INVER GROVE HEIGHTS, Minn., Aug. 3, 2016 /PRNewswire/ -- CHS Inc. (NASDAQ: CHSCP), the nation's leading farmer-owned cooperative and a global energy, grains and foods business, has appointed Manuel (Manny) San Miguel to the newly created position of vice president, risk management services. In this new role, San Miguel will oversee CHS Hedging, the company's commodity brokerage subsidiary, as well as CHS Insurance, its full-service insurance agency subsidiary.
"When we ask our owners what keeps them up at night, the number one answer time and time again is managing their risk," said Lisa Zell, executive vice president, CHS Business Solutions. "We realized we have a unique opportunity to create a truly aligned risk management organization on their behalf – and this is our first step.
"Manny is a proven leader and we're excited about the insight and experience he'll bring to this new role as we build out a full view of what our customers need in risk management," she added.
With a strong background in management and operations, San Miguel has been with CHS since 2011 as vice president of enterprise strategy and planning. He was responsible for establishing corporate development, long-term enterprise strategy, and financial planning and analysis processes for all CHS business operations. San Miguel also led the recent business transformation project that integrated a new process and systems platform designed to serve CHS owners and customers well into the future. He currently serves on the board of governors for CHS Capital, the company's financing subsidiary.
San Miguel began his career as an auditor for Arthur Andersen LLP. He is a graduate of Inter-American University in San Juan, Puerto Rico, where he was born. He holds a double bachelor's degree in accounting and marketing, and is also a certified public accountant.
CHS Inc. (www.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, 2015. 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.