The board elected as chairman John C. Miller, president of Miller Milling. Elected as first vice chairman was Raymond F. Lottie, manager of cereal and eastern grain operations, General Mills Operations, Inc. Donald W. Wilson, vice president of investments of Prudential Securities Incorporated, will serve as second vice chairman. Completing the five-member Executive Committee are Steve N. Lennartson and Charles A. Gallup, floor traders.
Kent R. Horsager will continue to serve in his second year as president and CEO.
The board also elected three non-member directors with terms expiring in November 2002. They are William W. Wilson, professor of agricultural economics at North Dakota State University; Thomas Hammond, president of Columbia Grain, Portland, Ore.; and Curt Denisuik, director of commodity risk management for the Canadian Wheat Board.