SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) March 3, 2004
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LAND O'LAKES, INC.
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(Exact name of registrant as specified in its charter)
MINNESOTA 333-84486 41-0365145
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
4001 LEXINGTON AVENUE NORTH
ARDEN HILLS, MINNESOTA 55126
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (651) 481-2222
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ITEM 5. OTHER EVENTS.
The following press release was issued by Land O'Lakes, Inc. on March 3, 2004.
The furnishing of these materials is not intended to constitute a representation
that such furnishing is required by Regulation FD or that the materials include
material investor information that is not otherwise publicly available. In
addition, Land O'Lakes, Inc. does not assume any obligation to update such
information in the future.
LAND O'LAKES BOARD ELECTS NEW CHAIRMAN
March 3, 2004 (Arden Hills, Minn.)... The Land O'Lakes board of directors
recently (Feb. 26) elected Pete Kappelman, a dairy producer from Two Rivers,
Wis., as its 2004 Board Chairman. Kappelman is the ninth board chairman in Land
O'Lakes 83-year history.
Kappelman, who has served on the Land O'Lakes board since 1996, has been the
board's First Vice Chairman for the past five years. He also serves on the
board's Dairy Foods Advisory Committee, Audit and Governance Committees and has
chaired the Board Performance Committee.
Kappelman owns Meadow Brook Farms in partnership with his brother John. The
brothers milk 400 Holsteins and crop about 800 acres. Their family has marketed
their milk to the former Lake to Lake Dairy Cooperative and to Land O'Lakes
since 1947. He is a graduate of Manitowoc Lutheran High School and the
University of Wisconsin-Madison, where he earned a bachelor's degree in
Agriculture. Kappelman and his wife Shellie have three children.
An active member of the Land O'Lakes board, Kappelman testified before the
International Trade Commission in Washington, D.C., on Milk Protein Concentrates
(MPCs) last year. He has traveled to Malawi, Africa, where he worked on a
USAID-funded project that fosters family dairy production and cooperative milk
marketing, to provide better nutrition for families and stimulate economic
development in the community. He currently serves on the board of directors for
the National Milk Producers Federation, was a founding member and first
president of the Professional Dairy Producers of Wisconsin and is chair-elect of
the U.W.-Madison College of Agriculture and Life Sciences board of visitors.
Land O'Lakes, Inc. (www.landolakesinc.com) is a national, farmer-owned food and
agricultural cooperative, with annual sales of more than $6 billion. Land
O'Lakes does business in all fifty states and more than fifty countries. It is a
leading marketer of a full line of dairy-based consumer, foodservice and food
ingredient products across the United States; serves its international customers
with a variety of food and animal feed ingredients; and provides farmers and
ranchers with an extensive line of agricultural supplies (feed, seed, crop
nutrients and crop protection products) and services.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
LAND O'LAKES, INC.
Date: March 3, 2004. /s/ Daniel Knutson
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Daniel Knutson
Senior Vice President
and Chief Financial Officer