It is my great pleasure to announce the promotion of Mr. Jesse Theis to the position of Chief Operating Officer of Rahr Corporation. Over the span of his 30+ year career at Rahr Jesse has worked his way up through the ranks of the operations department and has most recently held the position of COO of Rahr Malting Co. In our most recent meeting the Board of Directors of Rahr Corporation supported and approved his promotion effective June, 2014.

With this promotion Jesse will have functional oversight of all Rahr Corporation operations including: Rahr Malting Co., BSG and Koda Energy. Jesse will also continue his involvement regarding operational input for the evaluation of new strategic growth opportunities and ultimately ongoing functional operations responsibility for new investments. While Jesse has already been an important resource for the operating departments of our various business units for some time, this change recognizes those contributions and formalizes his responsibilities. Jesse will report directly to Willie Rahr, President of Rahr Corporation.

Please join me in congratulating Jesse on this great accomplishment!