Evan Behrens Elected to Penford Board of Directors

  Evan Behrens Elected to Penford Board of Directors

Business Wire

CENTENNIAL, Colo. -- August 28, 2013

Penford Corporation (NASDAQ:PENX), a leader in specialty ingredients systems
for food and industrial applications, announced today that Evan Behrens has
been elected to the Company’s Board of Directors.

Mr. Behrens, 44, is the Senior Vice President, Business Development for SEACOR
Holdings Inc. (NYSE: CKH), a global provider of equipment and services
primarily supporting the offshore oil and gas and marine transportation
industries. SEACOR has been a significant Penford shareholder for several
years.

Mr. Behrens joined SEACOR in 2008 and has managed or led that company’s
involvement in numerous transactions. Mr. Behrens has represented SEACOR’s
interests while acting as a director for other companies which SEACOR has
owned or in which it has invested. He is a graduate of the University of
Chicago.

“We are very pleased to have Evan join our Board,” said Paul Hatfield,
Chairman of the Board of Directors of Penford Corporation. “In addition to
Evan’s wide ranging business background, he will bring us sophisticated
financing and financial management skills. Evan’s noteworthy and relevant
experience will permit him to make strong contributions to our Board and the
future success of Penford.”

About Penford Corporation

Penford Corporation develops, manufactures and markets specialty ingredients
systems derived from natural and renewable sources for food and industrial
applications. Penford has seven manufacturing and/or research locations in the
United States.

Contact:

Penford Corporation
Steven O. Cordier, 303-649-1900
Senior Vice President and CFO
steve.cordier@penx.com
 
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