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GROWMARK NAMES NEW CHIEF EXECUTIVE OFFICER
Source: GROWMARK sent via AgPR--the news distribution service for agriculture

The GROWMARK, Inc., Board of Directors has announced that Jeff Solberg has been named CEO of GROWMARK effective Jan. 3, 2011. Solberg will follow current CEO Bill Davisson, who has announced his retirement for the same date.

Jeff Solberg is a 1974 business administration graduate of Illinois Wesleyan and received a master's of business administration degree from the University of Illinois in 1976. He has held the positions of financial analyst, cash manager, assistant treasurer, treasurer, vice president of finance, and senior vice president of finance for GROWMARK. Solberg is past president and chairman of the Institute for Cooperative Finance Officers, serves on the board of directors for Citizens Savings Bank, and is a 2010 inductee into the Bloomington (IL) High School District 87 Hall of Fame.

"GROWMARK is a $6 billion organization experiencing a period of significant growth. Selecting a chief executive is among the most important and impactful actions we are charged with taking," says Dan Kelley, chairman of the board and president. "Jeff has the skills, knowledge, experience and support to lead GROWMARK successfully into the future. The Board of Directors has great confidence in him and in the depth of talented employees throughout the GROWMARK System."

GROWMARK is a regional cooperative providing agriculture-related products and services, as well as grain marketing in 23 states and Ontario, Canada. GROWMARK owns the FS trademark, which is used by affiliated member cooperatives. The FS brand represents knowledgeable, experienced professionals acting with integrity and dedication to serve more than 100,000 customers.


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