CEO search update

Last week, the Board had rich discussions about the future leadership of our company

Land O Lakes Logo

Coming out of the bi-monthly Board of Directors meeting last week, we wanted to take the opportunity to send everyone a brief update. First and foremost, thank you all for your recent expressions of support and confidence in our cooperative. Both Board leadership and executive management are committed to making progress against current strategy and plans to realize our mutual goals.

Last week, the Board had rich discussions about the future leadership of our company and, as stated initially, is poised to move swiftly to name a permanent CEO. The Board Executive Committee, with the addition of Bruce Vernon who will represent the interests of the United Suppliers' members who were added to the Board in October 2017, will act as the search committee.

In the coming weeks, they will be interviewing internal candidates and hope to have a decision as quickly as possible.

The search committee will consider the following criteria as they interview CEO candidates:

  1. Has a strong awareness of the environment and how the company competes

  2. Mobilizes talent to achieve the company’s vision and strategies

  3. Gets results

  4. Acts with integrity

  5. Problem solving

  6. Communications

  7. Board relations

As the search continues, the coop will move forward with business as usual. We are both committed to making decisions in the best interest of you, our member-owners. We take our responsibility seriously and know that our success is your success.

Sincerely,

Pete Kappelman and Pete Janzen