GOVERNANCE

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Land O’Lakes, Inc. is a strong and, admittedly, different kind of cooperative committed to the idea that all of us—independent farmers and retailers—are stronger when we work together. Today, as farmer-owned and democratically-controlled cooperative, Land O’Lakes has a constant need for memberowners to volunteer to serve as elected leaders.

Leadership Positions

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Board of Directors Responsibilities

  • Exercise prudent business judgement in reviewing, considering and deciding upon major and basic matters affecting Land O’Lakes activities.
  • To oversee management’s conduct of the business affairs of Land O’Lakes in the interest of its member-owners.
  • Set policy direction for Land O’Lakes business in the future.
  • Approve capital expenditures.
  • Approve Land O’Lakes Annual Business Plan and operating budget.
  • Approve new members and cancel as necessary.
  • Set annual stock revolvement and patronage rates.
  • Exercise prudent business judgement in reviewing, considering and deciding upon major and basic matters affecting Land O’Lakes activities.
  • To oversee management’s conduct of the business affairs of Land O’Lakes in the interest of its member-owners.
  • Set policy direction for Land O’Lakes business in the future.
  • Approve capital expenditures.
  • Approve Land O’Lakes Annual Business Plan and operating budget.
  • Approve new members and cancel as necessary.
  • Set annual stock revolvement and patronage rates.

Regional Councils Responsibilities

  • Source, recruit and help develop a diverse set of future leaders.
  • Source, recruit and fill representative seats on the Land O’Lakes Board of Directors and the regional council from a diverse set of applicants.
  • Contribute to open and collaborative dialogue with fellow council members and Land O’Lakes management, purposefully sharing information and member perspective.
  • Share outgoing messages from Board of Directors and Land O’Lakes management and advocate on behalf of Land O’Lakes specifically and agriculture in general.
  • Ensure member-owners know their region’s board member(s) and connect them as needed.
  • Support the strategic direction and governance of Land O’Lakes.
  • Encourage other members within region to become involved in Land O’Lakes and to participate in leader development opportunities.
  • Serve as a role model for others—council members’ actions define elected leadership.
  • Source, recruit and help develop a diverse set of future leaders.
  • Source, recruit and fill representative seats on the Land O’Lakes Board of Directors and the regional council from a diverse set of applicants.
  • Contribute to open and collaborative dialogue with fellow council members and Land O’Lakes management, purposefully sharing information and member perspective.
  • Share outgoing messages from Board of Directors and Land O’Lakes management and advocate on behalf of Land O’Lakes specifically and agriculture in general.
  • Ensure member-owners know their region’s board member(s) and connect them as needed.
  • Support the strategic direction and governance of Land O’Lakes.
  • Encourage other members within region to become involved in Land O’Lakes and to participate in leader development opportunities.
  • Serve as a role model for others—council members’ actions define elected leadership.

Annual Governance Timeline

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