MAUMEE, OHIO — Patrick E. Bowe, former corporate vice-president of Cargill, has been named president and chief executive officer of The Andersons, Inc., effective Nov. 2. He will succeed Mike Anderson, who will remain as the company’s chairman of the board. Mr. Bowe also will be named to The Andersons board of directors.
Mr. Bowe has more than 35 years of experience in the agricultural sector, most recently as corporate vice-president for Cargill’s Food Ingredient and Systems Platform where he was responsible for strategy, capital allocation decisions, customer relationship management, as well as leading key sourcing and business excellence initiatives. During his time at Cargill, Mr. Bowe held a variety of leadership positions, both domestically and abroad, including oversight of the company’s Corn Wet Milling operation. Prior to joining Cargill’s Corn Milling Division, Mr. Bowe managed the copper trading desk for Cargill Metals Division and worked as a trader and analyst for Cargill Investor Services at the Chicago Board of Trade. In addition to his Cargill experience, he also worked as a cash grain merchant for Louis Dreyfus Corp. in Springfield, Ill., and Phil O’Connel Grain Co. in Stockton, Calif., early in his career.
Mr. Bowe received a bachelor’s degree in political science from Stanford University, Palo Alto, Calif., and a master’s degree from Stanford’s Food Research Institute.“We are pleased to name someone of Pat’s caliber as our next c.e.o. of The Andersons,” Mr. Anderson said. “Pat is an accomplished executive with a proven track record of delivering results, and he brings extensive global experience in the agricultural sector as well as broad expertise in strategy design, team development, and establishing customer partnerships. We are confident Pat is the ideal leader to carry on the proud tradition of the company my grandfather founded. He joins a dedicated and talented Andersons leadership team that is well positioned to build on our strong foundation and take the company into the future.”