Christensen Farms announces board and management changes

SLEEPY EYE, MN -- November 5, 2012 –The Board of Directors of Christensen Farms & Feedlots, Inc. today announced several board and management changes in the wake of the tragic death of CEO Bob Christensen over the weekend.

Lynn Christensen was appointed Chairman of the board of Christensen Farms, and current Chief Financial Officer Glenn Stolt was named Interim Chief Executive Officer. In addition, the board ratified the role of the existing Advisory Board and added one member, Tim Loula, DVM, of the St. Peter, Minn.-based Swine Vet Center.

According to Lynn Christensen, "While the passing of Bob is a tragic loss not just to Christensen Farms, but the entire pork industry, we are committed to advancing the vision of the organization to be one of the premier pork production companies in the world. This is the best thing we can do to honor Bob"s legacy."

He added,"Bob has assembled a talented senior management team that is made up of individuals with significant industry experience, combined with others who have brought complementary experience from other businesses. Under Glenn"s leadership, the senior management team is poised to advance the strategic direction of the company while at the same time overseeing day-to-day operations."

The Christensen Farms Advisory Board is comprised of individuals who each bring a key element of strategic and operational direction and experience to the company. Glenn Stolt said of the Advisory Board, "The addition of Dr. Loula, a world-renowned swine veterinarian and biosecurity expert, further complements an already strong advisory board. The senior management team and I look forward to working with the Board in meeting the mission of the organization."

In addition to newly-appointed Loula, the Christensen Farms Advisory Board consists of:

  • Ross Anderson, Former Chief Credit Officer, Agribank-FCB
  • Richard Brock, President, Brock Associates
  • Gary Koch, Partner, Gislason& Hunter, LLP
  • Ken Noyes, Former CEO of Schwan"s Foods
  • Randy Stoecker, Former General Manager, Murphy Family Farms

About Christensen Farms & Feedlots, Inc.
Founded in 1974 as a small family operation, Christensen Farms is now one of the largest producers of pork in the U.S., with operations throughout the Upper Midwest. Headquartered in Sleepy Eye, Minnesota, Christensen Farms is a leading provider of quality pork products to the world.



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