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Help Wanted: MGEX President

MINNEAPOLIS - Mar 4/05 - SNS -- The Minneapolis Grain Exchange (MGEX) is looking for a new President/Chief Executive Officer.

Kent Horsager, president and ceo of MGEX since June 2000, submitted his resignation to the board of directors in November 2004, with effective date of July 1, 2005.

A search committee has been designated by the MGEX board of directors to fill the position. For the role of President/Chief Executive Officer, MGEX is seeking a highly experienced grain/futures industry professional with extensive knowledge of both the grain and derivatives industries and with experience in commodity risk management applications.

The President/CEO is responsible for directing day to day operations of MGEX, long range planning, budgeting and provides direction and leadership for the growth, increased efficiency and profitability of the Exchange’s cash trading, futures trading and real estate operations. The President/CEO reports to the MGEX board of directors and directly supervises five management positions.


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