Cordell stepping down as CEO of Pinnacle Agriculture

LOVELAND — Pinnacle Agriculture Holdings LLC, an agricultural retail distribution business based in Loveland, announced on Friday that L. Kenneth Cordell Jr. will be stepping down as president and chief executive in the coming months, once the company finds his replacement.

Cordell will remain a member of the company’s board of directors.

“I am extremely proud of what Pinnacle has accomplished since its inception and am excited to be part of the company’s next phase of growth as a member of Pinnacle’s board,” Cordell said in a prepared statement.

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During Cordell’s tenure, which began in 2013, Pinnacle experienced significant growth, diversifying the company’s geographic footprint through acquisitions to become one of the largest distributors of agricultural products and services in the United States.

The company, formed in 2012, operates through its Sanders, Providence Agriculture, Performance Agriculture, AgOne Application Services, OptiGro, Innvictis and Meridian Agriculture Distribution brands, serving growers across the United States.

Pinnacle’s operations include seed production and sales, agricultural chemical distribution, bulk handling of fertilizer, precision agriculture services, and general merchandise for the farming, livestock and wildlife industries.  

The company has 200 employees in Loveland, said Dave Bullock, vice president and chief financial officer. It also operates retail stores in Fort Morgan and Fort Lupton.