Viterra Inc.

Viterra Inc.
Saskatchewan Wheat Pool Inc.
TSX : SWP
TSX : VT

November 27, 2007 15:00 ET

Viterra Names New Addition to Senior Management Team

REGINA, SASKATCHEWAN--(Marketwire - Nov. 27, 2007) - Viterra (TSX:VT) is pleased to announce the appointment of Mr. Steven Berger, who joins Viterra's senior management team, effective immediately, as Senior Vice-President of Human Resources and Transformation. He replaces Gerry Valois, who retired earlier this year.

Mr. Berger comes to Viterra with an extensive background in merger integration, transformation and change leadership. Prior to joining the Company, he was a Senior Executive (Partner) with Accenture, a global management consulting, technology services and outsourcing Company, in their Corporate Strategy practice.

Over the past six months, he has worked closely with Viterra's Chief Executive Officer and Chief Operating Officer to successfully plan and manage the integration of Saskatchewan Wheat Pool Inc. and Agricore United to create Viterra. This included assisting with the design of the newly merged company's operating model and identifying and tracking synergy savings currently estimated at $92 million. Before working for Accenture, Mr. Berger held increasingly responsible positions with A.T. Kearney, an international management consulting firm.

"We are very excited to welcome Steve Berger to our senior executive team. For over 20 years he has distinguished himself within the management consulting and information technology fields, and is able to draw on a wealth of knowledge about mergers and acquisitions and transformation leadership. In his role with Accenture, he worked with our executive team and many employees throughout the organization, sharing his knowledge and insight on integration, and implementation planning. He has a passion for Viterra and understands our employees and our vision as we look to new opportunities in the future," said Viterra President and CEO Mayo Schmidt.

Mr. Berger holds a Master of Business Administration degree and a Bachelor of Science degree. Building on his experience in people development, recruiting and practice building functions, he will lead Viterra's Human Resouces, overseeing employee management and recruitment and retention initiatives, incentive and compensation programs, labour relations, career and personal development programs and succession planning initiatives. In addition, he will be responsible for working with our senior management team to lead all change and transformation related initiatives throughout Viterra. He will reside in Calgary, Alberta, working with operations across Western Canada.

Saskatchewan Wheat Pool Inc., doing business as Viterra, is Canada's leading agri-business, with extensive operations and distribution capabilities across Western Canada, and with operations in the United States and Japan. The new company is diversified into sales of crop input services and equipment, grain handling and marketing, livestock feed, agri-food processing and financial products. These operations are complemented by value-added businesses and strategic alliances, which allow Viterra to leverage its pivotal position between Prairie farmers and destination customers. The Company's common shares are listed on the Toronto Stock Exchange under the symbol VT.

Contact Information

  • Viterra
    Peter Flengeris, Media Relations
    Investor Relations and Corporate Affairs
    (306) 569-4810
    Website: http://www.viterra.ca