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UAP NAMES NEW CFO
Source: UAP news release

UAP Holding Corp. (Nasdaq: UAPH), Greeley, CO, the largest independent distributor of agricultural and non-crop inputs in the United States and Canada, today announces the appointment of Jeffrey L. Rutherford to the position of Chief Financial Officer effective today. Rutherford will oversee the company's accounting, internal and external financial reporting, financial planning, and treasury operations.

Rutherford, who most recently served as President and Chief Executive Officer of Lesco, Inc., now a part of John Deere & Co., previously served as their Chief Financial Officer from 2002 to 2005. Prior to joining Lesco, Rutherford spent four years with OfficeMax, Inc. as Senior Vice President, Treasurer and Chief Financial Officer. He began his career as a member of the Accounting and Audit Team of Arthur Andersen & Co. Rutherford received his Bachelor of Arts from Baldwin-Wallace College in Berea, Ohio and is a Certified Public Accountant.

Rutherford will succeed Dave Bullock who is moving to the newly created position of Chief Operating Officer. Bullock has been the Chief Financial Officer since 2003 and will now manage the operations of the company including retail operations, logistics, business analytics, procurement, and information technology.

"With Jeff coming on board, Dave will now be able to make the transition to his new role in the company. Dave's financial acumen, operational savvy, and industry knowledge will be crucial as we look to gain competitive advantages through greater efficiencies," said L. Kenny Cordell, UAP Holding Corp.'s Chairman, President and Chief Executive Officer.

"Jeff is a great addition to our management team and I am confident that based on his strong financial background and industry experience, he will make an outstanding CFO for our company in this dynamic time," said Cordell. "Dave will be working closely with Jeff to facilitate a smooth transition."


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