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Scoular Names New Director to Board
January 30, 2020
4 Min Read
Grain and food ingredients firm The Scoular Company announced the appointment of Doug Stark as the new director of its board of directors on Wednesday. Stark previously served as chief executive officer of Farm Credit Services of America.
“The addition of Stark to Scoular’s board reinforces the company’s long-standing commitment to strategically growing the company,” Scoular said in a press release. “This is the first time the company has added an outside board member who is neither a current or former company executive, nor a member of one of Scoular’s founding families.”
During his tenure as CEO of FCSAmerica from 2005 to 2018, Stark worked to improve the firm’s internal culture, finances, professional development, and business processes and technology. Profits increased from $100 million to $550 million while he was in the role, according to Scoular’s release. He also furthered innovation efforts at the company, including the development of technology-driven credit processes.
“Doug built a dynamic operation by leveraging technology, developing employee culture, and strengthening FCSAmerica’s financial stability,” Scoular CEO Paul Maass said in a statement. “Those focus areas align with Scoular’s objectives, making Doug a great fit for our board. I am looking forward to the addition of Doug’s perspectives and insights to our board as we make well-rounded decisions and innovate in the agriculture industry.”
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