CHS elects new president, CEO

Debertin

CHS Inc.’s board of directors elected Jay Debertin to serve as the company’s president and CEO.

Debertin most recently served as the executive vice president and COO for the company’s diverse energy operations and processing food ingredients business. He joined CHS in 1984 and has held a variety of leadership positions within the organization in energy, trading and risk management, transportation and agricultural processing, CHS says.

Debertin succeeds Carl Casale as the company’s president and CEO. Casale led CHS during record performance levels and the company’s expansion, according to CHS. During Casale’s seven years with the company, CHS returned $3 billion to its owners, invested $9 billion in new capital expenditures and nearly doubled the size of its balance sheet from $8.7 billion in 2010 to $17.3 billion at the end of 2016.

“As we take our cooperative into its next chapter, we are confident that Jay is the right leader,” says Dan Schurr, chairman of the board of directors at CHS. “Jay’s experience in achieving operational excellence and driving results fits squarely with our unwavering goal to deliver returns to our member-owners now and for the long term.”