---
schema_version: "secwatch.filing_event.v1"
accession: "0000821026-24-000202"
form_type: "8-K"
ticker: "ANDE"
cik: "0000821026"
company_name: "Andersons, Inc."
filed_at: "2024-08-19T23:59:59+00:00"
generated_at: "2026-05-31T08:45:34.646696+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# The Andersons names COO Bill Krueger as CEO effective Oct 1, 2024; Bowe remains Chairman

## Summary
- William Krueger, current COO, appointed President and CEO effective October 1, 2024; also joins board.
- Patrick Bowe, CEO since 2015, will become Executive Chair through Sep 2025, then non-executive Chair.
- Krueger receives $1M base salary, 100% target bonus pro-rated for 2024, and $3M equity grants starting 2025.
- Bowe receives $500k base salary and 100% target bonus pro-rated for 2024 as Executive Chair.
- Krueger joined Andersons in 2019 via Lansing Trade Group acquisition; previously served as Trade & Processing President.

## SEC filing metadata
- accession: 0000821026-24-000202
- form_type: 8-K
- ticker: ANDE
- cik: 0000821026
- company_name: Andersons, Inc.
- filed_at: 2024-08-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821026/000082102624000202/0000821026-24-000202-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821026/000082102624000202/ande-20240815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821026-24-000202
- JSON: https://secwatch.observer/filing/0000821026-24-000202.json
- Plain text: https://secwatch.observer/filing/0000821026-24-000202.txt

## Key facts
- Executive change
  William E. Krueger was appointed as Director at Andersons, Inc..
  - Action: appointed
  - Role: Director
  source text: In addition, Mr. Krueger was appointed to the Board, effective as of the Transition Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821026/000082102624000202/0000821026-24-000202-index.htm
- Executive change
  William E. Krueger was appointed as President and Chief Executive Officer at Andersons, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On August 15, 2024, the Board of Directors (the "Board") of The Andersons, Inc. (the “Company”) unanimously approved the appointment of William E. Krueger, the Company's Chief Operating Officer, as President and Chief Executive Officer effective October 1, 2024 (the "Transition Date").
  evidence_url: https://www.sec.gov/Archives/edgar/data/821026/000082102624000202/0000821026-24-000202-index.htm
- Executive change
  Patrick E. Bowe changed role as Executive Chair of the Board at Andersons, Inc..
  - Action: will continue to serve as
  - Role: Executive Chair of the Board
  source text: Mr. Bowe will continue to serve as Executive Chair of the Board from the Transition Date until September 30, 2025, subject to his election at the Company's 2025 annual meeting of shareholders, and thereafter may continue to serve as the non-executive Chair of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821026/000082102624000202/0000821026-24-000202-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.