MINNEAPOLIS, MINNESOTA, U.S. — Ceres Global Ag Corp. announced that Kyle Egbert, chief financial officer, will leave the company in February to pursue a new opportunity. He will be replaced by John Haug on an interim basis.

Haug will take over effective Feb. 1. Egbert will remain with the company through mid-February to ensure a smooth and effective transition, the company said.

Haug has more than 30 years of financial and operational experience in the commodity sector. Most recently, Haug led the finance and accounting function for Cargill’s energy, transportation, metals and financial services businesses, where he successfully integrated three large international groups across North America, Europe and Asia to streamline and improve efficiency and control. The company will begin its search for a permanent CFO in the near future.

“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,” said Robert Day, president and chief executive officer of Ceres. “We wish him all the best in his new role. 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.”