May 22, 2017

2 Min Read
CHS Inc. Appoints Jay Debertin as President and CEO
The incoming president and CEO of CHS Inc. Jay Debertin. Image courtesy of CHS Inc.

St. Paul, MN-based agribusiness CHS Inc. announced Monday that Jay D. Debertin will succeed Carl Casale as the firm’s president and chief executive officer.

“As we take our cooperative into its next chapter, we are confident that Jay is the right leader,” Dan Schurr, chairman of CHS’s board, said in a press release. “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.”

Most recently, Debertin worked leadership roles in CHS’ energy operations and processing food ingredients business. Since joining the firm in 1984, Debertin has served in a variety of leadership positions in energy, trading and risk management, transportation, and agricultural processing.

“CHS is strong today because we drive the business with a central purpose in mind and that is to help our cooperatives and farmers grow,” a statement by Debertin, who also serves as chairman of Ventura Foods, said. “I look forward to working with our talented group of employees as we concentrate on world-class execution across our system. I see growth and strength ahead for our business.”

The company’s press release noted that under outgoing CEO Casale’s seven-year tenure, the company returned $3 billion to its owners, dedicated $9 billion to capital expenditures, and “nearly doubled the size of its balance sheet” from $87 billion in 2010 to $17.3 at fiscal year 2016’s end. 

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