CHS Inc., St. Paul, Minn., announced on July 29 that Tim Skidmore, Executive Vice President and Chief Financial Officer, is retiring effective Dec. 31, 2019. Skidmore joined CHS in those two roles in 2013, leading the company’s finance organization through a time of “significant growth and change,” CHS said, with a focus on hiring, developing finance talent, and realigning the organization “to provide increased value through an enterprise finance shared services model, enhanced financial planning and analysis, and deeper business partnerships.”
Skidmore will continue as the company’s CFO through the filing of CHS’s Form 10-K for its fiscal year 2019. CHS said a search for the company’s next CFO will begin immediately.
“We would like to thank Tim for his dedicated service to CHS, his focus on building a strong finance organization to support the changing needs of the company, and his commitment to adding value to our owners,” said Jay Debertin, CHS President and CEO. “Tim also made strengthening relationships with owners a priority. He spent time listening to and talking with owners, always communicating our focus on maintaining a strong balance sheet.”