KCBT Elects Board Members

KANSAS CITY - Jan 13/05 - SNS -- Greg O'Brien has been elected chairman of the Kansas City Board of Trade (KCBT), after serving as first vice chairman in 2004 and as second vice chairman in 2003.

Daniel L. Gibson, president, Wolcott & Lincoln Futures, LLC, has automatically advanced from the post of second vice chairman in 2004 to first vice chairman in 2005. H. Franklin Stone, vice president, Man Financial Inc., has been elected as second vice chairman.

The exchange also elected the following members to two-year terms on the board of directors: Paul Norris, an individual member; Timothy W. Bauer, Prudential Financial Derivatives, LLC; Donald E. Hills, General Mills Operations, Inc.; Michael L. Dean, Cargill, Inc.; Randall O. Wallace, FCStone, L.L.C.; and Paul J. Dow, an individual member.

They join the following directors serving the second year of two-year terms: Mark T. Owens, an individual member; Robert J. Rixey, an individual member; John J. Kearney, an individual member; James P. Sullivan, Man Financial Inc.; and Thomas R. Grabowsky, an individual member. Charles L. Elsea, The Scoular Company, joined the board of directors during 2004 and will serve another year.

The new officers and directors will take office at the next regular board meeting, scheduled for January 25.