R.D. Offutt Co. names former Target exec its new CEO
FARGO, N.D. -- R.D. Offutt Co. has hired Tim Curoe as its first non-family CEO in the company's history. Curoe, who most recently served as a senior vice president for the Target Corp., assumed the position April 9.
FARGO, N.D. - R.D. Offutt Co. has hired Tim Curoe as its first non-family CEO in the company's history. Curoe, who most recently served as a senior vice president for the Target Corp., assumed the position April 9.
R.D. Offutt Co. is a Fargo-based family-owned and -operated company comprised of several business entities in the agriculture and construction equipment, farming and food production industries.
Christi Offutt will continue in her role as chairwoman of the company's Board of Advisors while relinquishing her operational responsibilities and the CEO role. Curoe spent 17 years at Target in various roles across the organization, including human resources, merchandising, operations and information technology. Prior to Target, he worked at General Electric, where he had sales and marketing leadership roles across different GE businesses.
He earned an industrial engineering degree from Marquette University in Milwaukee and a master's degree in management from Northwestern University's Kellogg School of Management in Illinois.
Through a press release issued Monday, April 17, Curoe said he was excited to build on the Offutt family's legacy.
"The more I learned about the organization as I interviewed with the Offutt family, the companies' outside advisors and a number of team members, the more excited I became to have an opportunity to build in the tremendous legacy, values and culture that Ron (Offutt, company founder), Christi and the leadership team have built at R.D. Offutt Company. The diverse set of businesses that make up this company, and the Offutt family's focus on creating long-term value for the company's stakeholders, offer many different opportunities for continued growth and success," he said.
Christi Offutt joined RDO Equipment in 1997 after finishing law school at Boston University. She was promoted to vice president of Midwest Ag in 1999 and chief operating officer of RDO Equipment in 2001. She was promoted to CEO of RDO Equipment in 2007 and assumed responsibility for the entire enterprise as CEO of R.D. Offutt Co. in 2015.
"After 21 years with the company and considerable thought, I decided it was time for me to find more time for myself," Offutt said in a statement. "As a family we all agreed this was a great opportunity to bring in a non-family CEO, with new perspective and different experience, to lead our business through its next chapter. Tim will be a great cultural fit. His breadth of experience and broad skill set will greatly benefit our business in the years to come."