MINNEAPOLIS, MINNESOTA, US —Jay Bierley will join Ceres Global Ag as its chief financial officer (CFO) on April 22, with official appointment set for May 1.
In February, Kyle Egbert, former CFO, left the company and was replaced with John Haug on an interim basis.
Haung will remain at Ceres in an advisory role to assist with Bierley’s transition and other matters until the end of the fiscal year.
“We are very pleased to welcome Jay to the Ceres team,” said Robert Day, chief executive officer of Ceres. “He brings a wealth of industry knowledge and expertise, which will be a valuable asset to us as we continue to serve our customers and execute on our growth strategy while navigating through the new market conditions brought about by the impacts of COVID-19.”
Bierley joins Ceres from Bunge, where he worked across North America and Asia in regional and global CFO and financial leadership roles for 18 years. He brings a depth of industry experience across business areas with over 25 years of financial and operational leadership experience across the agribusiness and food value chain with experience working globally in grain origination, processing, trading, merchandising, and distribution.
He received a bachelor’s degree in accounting and a master’s degree in business administration from the Indiana University Kelley School of Business.
Day also recognized Haung for his work during the CFO leadership transition.
“I’d also like to sincerely thank John Haug for his invaluable leadership and expertise,” Day said. “John has been a significant contributor to our team over the last several months and we look forward to continuing our work together until the close of the fiscal year.”
Headquartered in Minneapolis, Minnesota, US, Ceres procures and supplies North American agricultural commodities and value-added products, industrial products, fertilizer, energy products and reliable supply chain logistics services to customers worldwide.
Together with its affiliated companies, Ceres operates 13 locations across Saskatchewan, Manitoba, Ontario and Minnesota. These facilities have an aggregate grain and oilseed storage capacity of approximately 30.8 million bushels.