April 04, 2013
Nationwide Elects New Board Member
Former CHS Inc. chairman accepts new leadership role
Columbus, Ohio - Nationwide today announced the election of Michael J. Toelle to the Board of Directors for Nationwide Mutual Insurance Company. He was elected to a three-year term.
Toelle is a former board chairman and long-time board member of CHS Inc., the largest cooperative business in the United States.
“Michael’s experience leading the largest cooperative business in the nation makes him a perfect fit at Nationwide, where our heritage as a mutual lies at the heart of everything we do,” said Chairman Keith Eckel. “Michael’s demonstrated leadership, entrepreneurial expertise and agricultural background will serve as a tremendous asset to the leadership of a company with strong roots in the agricultural industry and a focus on building mutually beneficial relationships with a wide range of business partners.”
Toelle has served in a number of leadership roles with various agricultural organizations, including the Agricultural Council of America and Country Partners Cooperative. Toelle is owner of T & T Farms, a diversified farming company in Browns Valley, Minn.
Toelle serves as a member of the National Association of Corporate Directors, the National Council of Farmer Cooperatives and the Cooperative Network. He previously served as chairman of the CHS Foundation and as a member of the Nationwide Insurance Board Council. He earned his bachelor’s degree in administration and industrial technology from Minnesota State University-Moorhead.
Nationwide, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by A.M. Best. The company provides a full range of personalized insurance and financial services, including auto insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions, long-term savings plans and health and productivity services. For more information, visit www.nationwide.com.