MINNEAPOLIS, Feb. 13,
2023 /CNW/ - Ceres Global Ag Corp. (TSX: CRP)
("Ceres" or the "Corporation") has announced that
Glen Goldman has stepped down as
Vice President, General Counsel and Corporate Secretary, effective
December 31, 2022. Mr. Goldman has
supported the Corporation on a consultative basis since his
departure. The Corporation also announced the appointment of
Jennifer Henderson to the role,
effective February 13, 2023.
Jennifer Henderson brings over 20
years of global legal experience, along with experience in
commercial leadership, product safety, and regulatory affairs in
the food, feed, and biotechnology segments. Ms. Henderson joins
Ceres Global Ag Corp. from Believer Meats, where she served as
Senior Vice President, Chief Administrative Officer, and General
Counsel and oversaw the legal, human resources, regulatory affairs,
government relations and food safety functions.
Prior to joining Believer Meats, Ms. Henderson held various
leadership roles at Cargill within
their Global Leadership teams, including Managing Director of
Cargill's Animal Nutrition
business in Western Canada, and
Business Unit Lead Counsel roles with Cargill's Valued Added Meats business and
Cargill's Global Animal Nutrition
business. Ms. Henderson also brings valuable experience in global
agriculture supply chain solutions. She holds a B.A. from the
University of Minnesota and a J.D. from
Mitchell Hamline (fka William Mitchell College of Law), where she
graduated Summa Cum Laude.
"We thank Glen for his contributions to Ceres over the last four
years and wish him continued success in his future endeavors," said
Carlos Paz, CEO of Ceres. "We are
also pleased to welcome Jennifer to the team. Her extensive legal
background coupled with her global leadership experience in
transportation and logistics, supply chain solutions, and futures
and commodities trading will strengthen our management team and
support the continued growth of the Corporation."
About Ceres Global Ag Corp.
Ceres and its subsidiaries add value across agricultural, energy
and industrial supply chains through efficient sourcing, storing,
transporting and marketing of high–quality agricultural
commodities, value– added products and raw materials. Leveraging
its network of commodity logistics centers and team of industry
experts, Ceres connects farmers to customers around the world.
Ceres is headquartered in Minneapolis,
Minnesota, and together with its affiliated companies,
operates 13 locations across Saskatchewan, Manitoba, Ontario, and Minnesota. These facilities have an aggregate
grain and oilseed storage capacity of approximately 31 million
bushels.
Ceres has a 50% interest in Savage Riverport, LLC (a joint
venture with Consolidated Grain and Barge Co.), a 50% interest in
Berthold Farmers Elevator, LLC (a joint venture with The Berthold
Farmers Elevator Company), a 50% interest in Farmers Grain, LLC (a
joint venture with Farmer's Cooperative Grain and Seed
Association), a 50% interest in Gateway Energy Terminal (an
unincorporated joint venture with Steel Reef Infrastructure Corp.),
a 25% interest in Stewart Southern Railway Inc. (a short–line
railway located in southeast Saskatchewan with a range of 130 kilometers),
and a 17% interest in Canterra Seed Holdings Ltd. (a Canada–based
seed development company).
For more information about Ceres, please visit
www.ceresglobalagcorp.com
Cautionary Notice: This news release contains
"forward–looking information" within the meaning of applicable
Canadian securities legislation and United States securities laws. Forward–looking
information may include, but is not limited to, statements
regarding future operations and results, anticipated business
prospects and financial performance of Ceres and its subsidiaries,
including the plans, costs, timing and capital for the further
development of the Northgate Commodities Logistics
Centre, expectations or projections about the future, strategies
and goals for growth, expected and future cash flows, costs,
planned capital expenditures, the amount of expected write-downs,
regulatory change, general economic political and market conditions
anticipated capital projects, construction and completion dates,
operating and financial results, critical accounting estimates, the
expected financial and operational consequences of future
commitments. Generally, forward–looking information can be
identified by the use of forward–looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", "believes", "may have implications" or
variations of such words and phrases or statements that certain
actions, events or results "may", "could", "would", "might", or
"will be taken", "occur", or "be achieved". Forward–looking
information is based on the opinions and estimates of management at
the date the information is made, and is based on a number of
assumptions and subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those projected in the forward–looking information.
Key assumptions upon which such forward–looking information is
based are listed in the "Forward–Looking Information" section of
the MD&A for the period ended March 31,
2022. Many such assumptions are based on factors and events
that are not within the control of Ceres and there is no assurance
they will prove to be correct. Factors that could cause actual
results to vary materially from results anticipated by such
forward–looking information include, among others, risks related to
weather, politics and governments, changes in environmental and
other laws and regulations, competitive factors in agricultural,
food processing and feed sectors, construction and completion of
capital projects, labour, equipment and material costs, access to
capital markets, interest and currency exchange rates,
technological developments, global and local economic conditions,
the ability of Ceres to successfully implement strategic
initiatives and whether such strategic initiatives will yield the
expected benefits, the operating performance of the Corporation's
assets, the availability and price of commodities and regulatory
environment, processes and decisions. Although Ceres has attempted
to identify important factors that could cause actual actions,
events or results to differ materially from those described in
forward–looking information, there may be other factors that cause
actions, events or results that are not anticipated, estimated or
intended. There can be no assurance that forward–looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
information. Ceres undertakes no obligation to update forward–
looking information if circumstances or management's estimates or
opinions should change, except as required by applicable securities
laws. The reader is cautioned not to place undue reliance on
forward–looking information.
SOURCE Ceres Global Ag Corp.