USA – Agricultural, energy and industrial products merchandising and supply chain company, Ceres Global has announced that its Chief Financial Officer, Kyle Egbert, will be leaving the company in February 2020 to pursue a new opportunity.
The commodity trader has appointed John Haug as the company’s Chief Financial Officer on an interim basis, effective February 1, 2020.
Mr. Haug brings over 30 years of financial and operational experience in the commodity sector.
Most recently, he led the finance and accounting function for Cargill, Incorporated’s energy, transportation, metals and financial services businesses.
During his tenure at Cargill, he successfully integrated three large international groups across North America, Europe and Asia to streamline and improve efficiency and control.
“Through his strategic leadership of the finance department and enhancement of our back office capabilities over the past two and a half years, Kyle has made a significant contribution to the growth and evolution of our business.
“We wish him all the best in his new role,” said Robert Day, President and Chief Executive Officer at Ceres.
“On behalf of Ceres and its Board, I am pleased to welcome John Haug to Ceres.
“John’s deep knowledge of the commodities sector and his broad experience as a leader of finance and accounting job families across many geographies worldwide will help facilitate Ceres’ continued growth and positive momentum while we conduct our upcoming search for Kyle’s permanent replacement.”
Ceres noted that Mr. Egbert will remain with the company through mid-February, 2020 to ensure a smooth and effective transition.
The Minnesota-headquartered company plans to begin its search for a permanent Chief Financial Officer in the near future.
The company has also strengthened its commercial and executive teams with the addition of Mr. Carlos Paz, as the Vice President and Commercial Director. Carlos joined the company on January 6th, 2020.
In his new role, Carlos will manage all commercial activities and teams related to Ceres’ agricultural-related businesses: Grain, Oilseed & Pulse Trading & Merchandizing, Oilseed Crush, Specialty Crops/Blending and Seeds.