Original article by Andrew White
The Australian – Page: 20 : 13-Aug-14
Mark Palmquist has been appointed the new CEO of Australian-listed rural commodities trading group GrainCorp, meaning executive chair Don Taylor will now serve as chair only. The latter had succeeded Alison Watkins in late 2013. Palmquist is joining GrainCorp from his roles as vice-president and COO of the agriculture unit at US-based CHS, and Taylor says this background will be a major benefit in implementing a new strategy at GrainCorp. The company is considering acquisitions, and has spent $A10m on a 10% holding in Egyptian client Five Star Flour Mills
CORPORATES
GRAINCORP LIMITED – ASX GNC, COCA-COLA AMATIL LIMITED – ASX CCL, CHS INCORPORATED, FIVE STAR FLOUR MILLS, ARCHER DANIELS MIDLAND COMPANY, AUSTRALIA. DEPT OF THE TREASURY