Governance & Compliance

Corporate Governance

Corporate Governance

CHS Board of Directors

The CHS Board strives to govern the company with accountability, integrity, oversight, a vision for the future and a commitment to communication. More information about the CHS Board of Directors can be accessed here. Check this page frequently for the latest information.

CHS begins membership certification process

At the 2016 CHS Annual Meeting, delegates approved amendments to the CHS Articles of Incorporation and Bylaws that created a new membership class structure. Since then, the CHS Board has been working through how to put that certification process into action.

As of the Dec. 2, 2016, CHS annual meeting, all current member cooperatives were placed into the Class C member category. Class C members are voting eligible (provided they satisfy the minimum annual business threshold for voting rights) and eligible to receive patronage. Class C member cooperatives will stay within that class unless they have experienced one of the three following triggering events since Dec. 2, 2016:

• Merger or other change in control
• Reduction in the percentage of voting members of its board of directors who are producers of agricultural products (as defined in the CHS Articles of Incorporation)
• Change in policies, procedures or governance documents to permit non producers of agricultural products to have voting power

Going forward, Class A member cooperatives must have 100 percent agricultural producers as voting members and as voting members of their board. They will be eligible to receive patronage from CHS and will be eligible for voting rights (provided they satisfy the minimum annual business threshold for voting rights). This class also includes eligible individual agricultural producers. Individual producers who were members as of the 2016 CHS Annual Meeting automatically became Class A members with all of the rights and privileges they had previously. CHS is also reviewing individual producer membership in Class A at this time.
 
Class B member cooperatives will be organizations that operate on a cooperative basis but cannot qualify for Class A membership (usually, because they have non-producers on their board or as voting members). They will be eligible to receive patronage but will not be eligible for voting rights.

CHS has also developed a process to review individual producer membership in Class A through its Country Operations division.

Starting in April 2017, and proceeding through the summer, CHS has been reaching out to its Class C member cooperatives to complete the certification process.

“This certification process will allow CHS to recognize the strong heritage of member cooperatives who built CHS while also acknowledging the ways our members are doing business today,” says Steve Riegel, board member and chair of the governance committee.

Information during the certification process is being gathered by Survey and Ballot Systems (SBS) on behalf of CHS through an electronic form. If you have questions about this process or are a general manager of a CHS member cooperative and have not yet received an email or letter about certification, please call (800) 323-8927 or email CHSMemberCertification@chsinc.com.

Watch a video about the new certification process and how to fill out the CHS Membership Eligibility Certification form.

For more information:
Membership Classes

CHS Director Qualifications

Candidates for the CHS Board of Directors must meet these requirements during the six months preceding their election and during board service:
Be an active farmer or rancher.
Be a member of CHS or a cooperative association.
Reside in region where seeking election.
Not be an employee of CHS or a cooperative association.
Be less than age 68 at time of election.
Be endorsed by a locally elected producer board in the region where they are running.
Articles and Bylaws
CHS Articles of Incorporation
CHS Bylaws
Committee Assignments and Committee Descriptions
To view descriptions of the committees and the individual board members serving on each committee, click on the appropriate link below:
Audit Committee
Capital Committee
Corporate Risk Committee
Foundation Finance & Investment Committee
Government Relations Committee
Governance Committee
Governance Documents
Adopted Resolutions 2016
Adopted Resolutions 2015
Adopted Resolutions 2014
Adopted Resolutions 2013