Penner named as Cargill Limited President

08/12/05 Effective December 1, 2005, Cargill Limited has named Len Penner president, the company has announced. He was appointed Vice President of Cargill Limited in May 1998.

Mr. Penner succeeds Kerry Hawkins who after a 41 year career with Cargill, has retired. Len will also retain his responsibilities leading the Cargill AgHorizons business unit in Canada, consisting of Cargill’s operations focused on serving crop producing farmers in Canada.

“I remain very optimistic of the potential for success in the agricultural and food industries,” said Penner, president Cargill Limited. “In my new role, I most look forward to collaborating closely with a wide cross section of industry and government leaders to further strengthen the relationships and returns along the entire value-chain.”

Len Penner joined Cargill in 1975 and has held sales, sales management and general management positions in the seed business within Canada. He has also held various management positions within the commodity, grain handling and crop input divisions prior to being appointed to his current position within the company.

“I am very pleased with the appointment of Len Penner as he is someone with exceptional leadership and personal qualities,” said past president, Kerry Hawkins. “Len’s strong background in the business, coupled with this extensive experience in serving and relating to farmers provides a solid foundation for our company and industry.” Headquartered in Winnipeg, Manitoba, Cargill Limited employs 9,000 people across the country and has business interests in meat, egg and oilseed processing, animal nutrition and services, salt, chocolate, natural gas, as well as grain handling and merchandising.