Copying and distributing are prohibited without permission of the publisher
New directors for Kansas City Board of Trade
09 March 2010
The Kansas City Board of Trade (KCBT) has announced that Richard Mandl had been elected chairman of the board for 2010. He replaces James Neville.
Read more:
Kansas City Board of Trade
KCBT
Richard Mandl
Mandl, who is vice president of investments at Prudential
Bache Commodities’s global commodities group, was second vice chairman of the
KCBT in 2008 and first vice chairman in 2009.
The first vice chairman traditionally assumes the
chairmanship of the KCBT the following year.
Michael Simmons, an individual member, has automatically
advanced from being second vice chairman in 2009 to first vice chairman in
2010. Steven Campbell has been elected as second vice chairman.
The exchange also elected John Legg and David Gibson to two
year terms on the board of directors. They join Daniel Maltby and Michael Dean,
who are serving the second year of two year terms.
The KCBT, one of the world’s largest
agricultural commodities exchanges, is operated by its members. The most recent
auction for a Class A seat, which entails voting rights to the exchange’s
board, took place on January 14 and raised $310,000.