Recent Updates — ANDE
The Andersons notified Executive Vice President and Chief Human Resources Officer Sarah J. Zibbel that her position is being eliminated due to a restructuring of the human resources department. Her employment will terminate on October 31, 2026. Ms. Zibbel is entitled to benefits under the company's Change in Control & Severance policy, retains outstanding restricted stock units, and will receive a pro-rated portion of performance shares granted in 2024 based on actual performance through the period ending in 2026. Performance shares granted in 2025 and 2026 are forfeited. The Andersons operates in the agricultural marketing and processing industry.
The Andersons, Inc. reported second quarter 2026 financial results with net income attributable to the company of $57 million, or $1.65 per diluted share, compared to $8 million in the prior year period. Adjusted net income was $74 million, or $2.15 per diluted share, driven by record pretax income of $65 million in the Renewables segment and improved performance in Agribusiness. The company generated $488 million in operating cash flow and spent $76 million on capital projects. No new dividends were announced.
The Andersons, Inc. elected David R. Heppner as a new director, effective June 18, 2026, for a term ending at the 2027 Annual Meeting of Stockholders. The Andersons, Inc. is an agricultural and industrial company that provides various products and services in the agricultural, agricultural-related, and industrial sectors.