Consumer >> CEO Interviews >> April 14, 2003

James Herring – Friona Industries Lp

JAMES E. HERRING was named President and CEO of Friona Industries, LP, in May 1989. Mr. Herring was formerly President and Chairman of the Board of LFS Capital Corp., the third largest stocker cattle operation in the United States during the late 1980s. From 1979 to 1984 he was President and Chairman of the Board of Marcom International, Inc., a Dallas, Texas-based conglomerate which included a commodity brokerage company, an agricultural finance company and subsidiaries with various interests in oil and gas, cattle and real estate. Mr. Herring is a founding shareholder of First National Bank of Park Cities in Dallas, Texas, and served as a Director from 1985 until 1991. Mr. Herring is Past President of the Texas Cattle Feeders Association and has served several terms on the Executive Committee and as a Director since 1990. He has also served as a Director and member of the Executive Committee of the National Cattleman's Beef Association. Mr. Herring is past Chairman of the Cal Farley's Boys Ranch Foundation Board of Trustees, and serves as a Director and ex-officio member of the Executive Committee of Cal Farley's Boys Ranch, Inc. He is a former Director and Executive Committee member of the Amarillo Chamber of Commerce and past Chairman of the Amarillo Chamber of Commerce Ag Development Council. He is a member of the Texas A&M College of Agriculture Development Council and serves on the West Texas A&M Ag Advisory Board. He also serves on the Rabobank North American Agribusiness Advisory Board, and the College of Business Administration Advisory Council for the University of Texas. Mr. Herring was awarded the Ladd Hitch Award for innovation and leadership by Beef Today magazine for the year 2000, and was presented the Vision Award for that year by the National Cattleman's Beef Association Foundation. Mr. Herring holds a Bachelor of Business Administration degree from the University of Texas at Austin and an MBA from the Harvard Graduate School of Business Administration. Profile
TWST: Can we start with a history and overview of Friona?

Mr. Herring: Our company is a vertically integrated cattle

feeding and feed manufacturing company based in Amarillo, Texas;

we started