San Miguel to lead risk management services at CHS Inc.

INVER GROVE HEIGHTS, MINNESOTA, U.S. — CHS Inc., a farmer-owned cooperative and a global energy, grains and foods business, announced on Aug. 3 the appointment of Manuel San Miguel to the newly created position of vice-president, risk management services. In this new role, San Miguel will oversee CHS Hedging, the company's commodity brokerage subsidiary, as well as CHS Insurance, its full-service insurance agency subsidiary.

"When we ask our owners what keeps them up at night, the number one answer time and time again is managing their risk," said Lisa Zell, executive vice-president of CHS Business Solutions.  "We realized we have a unique opportunity to create a truly aligned risk management organization on their behalf – and this is our first step.

San Miguel began his career as an auditor for Arthur Andersen LLP, and joined CHS in 2011 as vice-president of enterprise strategy and planning, where he was responsible for establishing corporate development, long-term enterprise strategy, and financial planning and analysis processes for all CHS business operations. He also led the recent business transformation project that integrated a new process and systems platform designed to serve CHS owners and customers. He currently serves on the board of governors for CHS Capital, the company's financing subsidiary.

"Manny is a proven leader and we're excited about the insight and experience he'll bring to this new role as we build out a full view of what our customers need in risk management," Zell said.

San Miguel is a graduate of Inter-American University in San Juan, Puerto Rico. He holds a double bachelor's degree in accounting and marketing, and is also a certified public accountant.