CHS Names Corporate Compliance Leader

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CHS Names Corporate Compliance Leader

ST. PAUL, Minn. – CHS, an energy, grains and foods company that serves as parent company to the Cenex brand of gas stations and convenience stores, named Josh Blaisdell to the newly created position of vice president of corporate compliance.

"At CHS, stewardship is one of our core values. That means not only giving back our time, talents and resources, but making certain we operate all of our businesses with the utmost commitment to the environment, health and safety; and in compliance with the laws and regulations under which CHS operates," John Johnson, CHS president and CEO, said in a statement released yesterday. "This new position consolidates our current efforts under a single leader who can take our solid record of performance to new levels."

Blaisdell will lead overall CHS domestic and international compliance and audit programs, heading a team that includes CHS environmental, health and safety, business continuity/disaster recovery and internal audit functions. He will be responsible for corporate compliance and results including government rules/regulations and development of company policies and procedures, as well as implementation and maintenance of state-of-the-art compliance programs, policies and procedures.

In addition, his team will be responsible for audit, training and related activities that promote legal and ethical conduct. Blaisdell will report to David Kastelic, senior vice president of the new CHS Legal and Compliance Department, effective Jan. 1, 2010.

Blaisdell joined CHS in 1990 and has served as tax director since 1995, with responsibility for all domestic and international tax-related matters. He also led the implementation of CHS company-wide Sarbanes-Oxley compliance program and had responsibility for its ongoing management. He previously worked for Dyco Petroleum, Minneapolis; served as a tax accountant and was a commissioned officer in the U.S. Army. Blaisdell holds a juris doctor degree from the University of Idaho and a Bachelor of Science degree in accounting from the University of North Dakota.

He is an active member of the National Society of Accountants for Cooperatives and the Legal, Tax and Accounting Committee of the National Council of Farmer Cooperatives.