White Commercial Corporation (WCC), a privately held futures broker and consultant to commercial grain businesses, has announced that effective Jan. 1, its executive team will be:
Chairman of the Board: John J. Werner
Chief Executive Officer: Philip K. Luce
President: Bradley D. Sellick
Chief Financial Officer: Sherita F. Lorton
Mr. Luce and Mr. Sellick are succeeding Mr. Werner, who has held both roles since 1986 and will continue in his role as chairman.
Mrs. Lorton has been Secretary/Treasurer and de facto CFO since 1986.
All four executives are long-term members of the White Commercial team, and the new roles are the formalization of a transfer of responsibility that started several years ago.
“Sherry, Phil, and Brad bring a unique combination of skills, experience and dedication to the WCC team," said Werner.
"WCC’s commitment to bringing value to our treasured customers as well as our employees will continue to be what drives us into the future.
“The management team at WCC is dedicated to this mission.
"Please welcome Sherry, Phil and Brad to their new posts.”
Sherry, Brad, and Phil released this joint statement:
“We are honored and excited to continue the good work of White Commercial and thankful not only to be involved in the mission but also to have had the freedom and opportunity for many years to take on responsibility and grow into these roles.
"Many thanks to (founder) Don White and John Werner for creating a growth environment and to all our incredible customers who make the work a joy.”
Since 1978, WCC has worked with country grain and feed/processing businesses providing futures brokerage, training, and consulting in a growing number of facets of the grain business including position management, grain origination, basis trading, grain accounting, grain financing, and business succession.
The company focuses on practical, disciplined, proven methods that have made grain businesses successful in all kinds of market environments over many years.
The WCC model is to get people together to share ideas, overcome challenges, and build long-lasting relationships.
White Commercial Corporation has offices in Overland Park, KS, and Stuart, FL.