ST. PAUL, Minn., Dec. 14 /PRNewswire-FirstCall/ -- Long-time CHS Inc. director Duane Stenzel of Wells, Minn., died Saturday, Dec. 12 from complications of cancer. He was 63.
Stenzel had served as a director for the leading energy, grains and foods cooperative since 1993.
"CHS, the cooperative system and agriculture have lost a dedicated individual who helped guide this system to new growth and success during his 17-year tenure," CHS Chairman Michael Toelle said. "In addition to his many contributions to CHS, Duane was deeply committed to the future of agriculture, particularly young people, through his work with the CHS Foundation."
Stenzel most recently was a member of the CHS board's Audit Committee and was the chairman of the CHS Foundation Finance and Investment Committee. Previously, he was chairman of the former CHS Oilseed Processing and Refining Defined Member Board.
He was active in a wide range of agricultural and cooperative organizations, was a member of WFS and Greenway cooperatives, and served as board president and secretary for Wells Farmers Elevator. In addition to his cooperative work, Stenzel raised 800 acres of soybeans, sweet corn and corn near Wells in south central Minnesota, acreage that included land homesteaded by his great-grandfather more than 100 years ago.
Stenzel is survived by his wife, Mary, three children and their spouses, and eight grandchildren.
Services are set for Thursday morning, Dec. 17 at St. Casimir Catholic Church, Wells, with visitation Wednesday evening, Dec. 16 at Bruss-Heitner Funeral Home, Wells.
CHS Inc. (http://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, 2009, which can be found on the Securities and Exchange Commission web site (http://www.sec.gov/) or on the CHS web site http://www.chsinc.com/.
CHS Inc.
CONTACT: Lani Jordan of CHS Inc., +1-651-355-4946,
lani.jordan@chsinc.com
Web Site: http://www.chsinc.com/
