Bruce Anderson, CEO of Ag Partners, notified the board of directors last week of his intention to retire from Ag Partners, effective Sept. 30, 2001.
Anderson said, "I feel that after 35 years (31 years with Alceco and the last four years with Ag Partners), that it is time to slow down a little. I'm looking forward to spending a little more time with my family, doing some fishing and pursuing other business interests."
Anderson commented that it is somewhat of a bittersweet decision. "Sweet" in knowing Alceco continues to be a very strong company with over $6 million in surplus owned by its members. Alceco is a very unique cooperative that has paid out all of its deferred Class "B" Preferred Stock to its Class "A" Common Shareholders. Alceco is also 50.1 percent owner of Ag Partners.
Read the rest of this article in the 4/05/01 Pilot Tribune.