MAUMEE, Ohio, June 2, 2016 /PRNewswire/ -- The Andersons,
Inc. (Nasdaq: ANDE) announces today that Ethanol Group President
Neill C. McKinstray will retire
July 1, 2016. At that time,
Michael S. Irmen, VP and General
Manager of the Ethanol Group, will assume the Group's leadership as
President.
"Neill has provided The Andersons with insightful expertise and
thoughtful leadership for 40 years," says CEO Pat Bowe. "Neill recognized that the rise of the
ethanol industry would impact our grain operations and advocated
for the company to apply its success in grain merchandising and
manufacturing to enter this expanding market. Neill introduced,
assessed the viability, shaped the structure, established
partnerships, and led the Company's ethanol business during the
past decade. Neill is also a recognized expert and advisor to the
industry."
McKinstray began his career with The Andersons in 1976 as a
grain buyer in Champaign,
Illinois. He worked in a variety of management,
merchandising, sales and marketing positions before being named
Manager of Grain Transportation & Market Development in 1997.
Instrumental in leading The Andersons into the Ethanol business,
McKinstray was named Vice President of the Ethanol Division in 2005
and President of the Ethanol Group in 2012. Between July 2015 and February
2016 he assumed additional duties as President of the Grain
Group. He served as Chairman of the Renewable Fuels Association
from 2012 to 2014.
Irmen has served as a member of senior leadership for the
ethanol team since its inception in 2005. He brings to his new role
40 years of experience in grain merchandising, commodities risk
management and ethanol administration. He has served as a Vice
President in the Ethanol Group since 2012 and was also named as
General Manager in 2015. Irmen serves as a Special Advisor to the
Market Risk Committee at GreenField Specialty Alcohols, Inc. He is
The Andersons' representative to the Board of Directors for the
Renewable Fuels Association (RFA) and has served on the Technical
Committee. A member of the National Grain and Feed Association
(NGFA), Irmen has served on the Country Elevator Committee and
chaired the Arbitration Committee.
About The Andersons, Inc.
The Andersons, Inc. is a diversified company rooted in
agriculture. Founded in Maumee,
Ohio, in 1947, the company conducts business across
North America in the grain,
ethanol, and plant nutrient sectors, railcar leasing, turf and cob
products, and consumer retailing. For more information, visit The
Andersons online at www.andersonsinc.com.
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SOURCE The Andersons, Inc.