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Ceres Global Ag Appoints CEO at Riverland Ag

Ceres Global Ag Corp. (CRP.TO) has appointed C.R. (Craig) Reiners as President & Chief Executive Officer of Riverland Ag Corp., Ceres' 100% owned grain storage and handling subsidiary, effective April 1, 2013. Reniers has been Chief Operating Officer at Riverland since July 2011.

Former president Don Grambsch will remain on the board of Riverland, as well as take on the role of Managing Director, Grains and Logistics Development.

Michael Detlefsen, President of Ceres, has been appointed Executive Chairman of Riverland Ag, and will work closely with Reiners on strategic and operational matters.

CRP shares gained 18 cents to $7.30.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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