MINNEAPOLIS — Tait Lillemoe has been named a customer risk manager and portfolio marketer at Horizon Milling L.L.C.
As part of the risk management group at Horizon, the nation’s largest flour milling company, Mr. Lillemoe will serve as a resource for the purchasing and risk management departments of the company’s customers. He will be responsible for matching customers’ business risk tolerance and purchasing objectives with financial solutions based on Cargill’s "risk management and market competencies," the company said.
"Tait’s experience in price risk management and market development within Horizon Milling’s commodity merchandising team, as well as his prior position as a risk manager and financial consultant with Smith Barney/Citigroup, provide an excellent foundation for this new role," said Guy Shoemaker, president, Horizon Milling. "He has the knowledge, background and expertise to work closely with our customers to deliver tailored solutions that help them better manage their commodity exposure and improve their business results."
Mr. Lillemoe spent seven years at Smith Barney before joining Cargill in 2003 as a millfeed merchant responsible for Horizon Milling facilities on the East coast. Most recently he was a senior millfeed merchant, specializing in price risk management, training and market development for North America.
He graduated from St. Olaf College, Northfield, Minn., with a bachelor’s degree in economics.