INVER GROVE HEIGHTS, MINNESOTA, US — Jay Debertin, president and chief executive officer of CHS Inc., has been appointed to the board of directors at the Federal Reserve Bank of Minneapolis.
Debertin, who has been the head of the farmer-owned agribusiness cooperative since 2017, is one of nine directors who represent a variety of business sectors. As a Class C director on the Federal Reserve board, he was appointed to represent the interests of stakeholders in the Ninth District.
“Given the strong agricultural presence in the region, I am honored to represent the interests of farmers, ranchers and cooperatives in the area,” Debertin said. “Rural America needs to have a voice in economic policy.”
Debertin also is board chair for Ventura Foods, LLC, a CHS joint venture, and the National Council of Farmer Cooperatives.
The Federal Reserve Bank of Minneapolis is one of 12 federal banks in the United States. It helps determine US monetary policy by monitoring the economy in the Ninth District, which includes Minnesota, Montana, North Dakota, South Dakota, 26 counties in northwestern Wisconsin and the Upper Peninsula of Michigan.
CHS serves customers in 65 countries and employs more than 10,000 people worldwide, providing crop inputs, market access and risk management services.