AI brief of an SEC Form 8-K · The Andersons (ANDE)

Andersons Names COO Bill Krueger CEO Effective October 1, Succeeding Pat Bowe

Neutral Impact 4 of 5 leadership Written later

The Andersons board appointed Chief Operating Officer William E. Krueger as president and chief executive officer effective October 1, 2024, succeeding Patrick E. Bowe, who has led the company since 2015. Bowe will stay on as Executive Chair of the board and Krueger will join the board, so shareholders see a planned leadership transition with continuity at the top of the board.

Key points

  • Krueger succeeds Bowe as CEO effective October 1, 2024; he also joins the board on that date
  • Bowe remains Executive Chair of the board through September 30, 2025
  • Krueger's compensation includes a $1,000,000 base salary and an anticipated 2025 equity grant value of $3,000,000
  • Bowe's letter agreement sets a $500,000 base salary

The filing

CompanyThe Andersons (ANDE)
Form8-K, current report
Filed with the SECAug 19, 2024, 5:10 PM ET
Accession number0000821026-24-000202

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 19, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.