Western Sugar close to naming new CEO

Western Sugar Cooperative is getting close to naming their new leader. The cooperative launched a national search after long-time President and CEO Inder Mathur announced his plans to retire at the end of March.

Western Sugar Board Chairman Nick Lapaseotes says they have narrowed the field to their top selection. He says they have verbal agreement and the candidate will start in the next 60 days. Lapaseotes says the future Western Sugar CEO is is coming from the food industry.

Mathur will officially retire at the end of March. Lapaseotes believes Mathur will likely stay an additional 30 days to help in the transition process.

Mathur became the cooperative's first President and CEO after 14 - hundred sugar beet farmers from Nebraska, Wyoming, Colorado and Montana formed the cooperative and purchased the company from Tate and Lyle on April 30, 2002.

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