The president of Southern Minnesota Beet Sugar Cooperative
in Renville, Minn., died Saturday.
Alan D. Ritacco, 67, of Eagan, Minn., died of an apparent
heart attack at a lake cabin home, company officials said. His
death came months short of an intended retirement and before
he could show the ropes to a successor.
Neil Rudeen, a Bird Island, Minn., farmer and chairman of
the co-op's board, is serving as acting CEO, a source close to
the company said. Ritacco's death came as a shock to the
co-op's board of directors, who last week hired John Richmond
of the Sugarland, Texas, area, to serve as president under
Ritacco, who would retain the CEO title until Ritacco would
retire this year.
Southern Minnesota is one of four companies -- with
American Crystal Sugar Co. of Moorhead, Minn-Dak Farmers
Cooperative of Wahpeton, N.D., and U.S. Sugar Corp. of
Clewiston, Fla., who market sugar together as United Sugars
Co. of the Minneapolis area.
As president of Southern Minnesota Beet, Ritacco served on
the United Sugars board. Prior to coming to Southern
Minnesota, Ritacco was an executive with International
Multifoods.
Under Ritacco's leadership, Southern Minnesota had
completed a major plant expansion. Recently, he'd dealt with a
financial blow from frost damage on the 2000 crop. The process
to recover losses from insurance companies is ongoing. The
beets were harvested and thought to be sound, but 450,000 tons
of a 2.3 million ton crop had to be discarded, and other beets
were processed but damaged.
In a memo to grower-shareholders last week, Rudeen said
Richmond brings to the co-op 28 years of experience in the
sugar industry, holding various positions with Holly Sugar and
the Imperial Sugar Company.
Ritacco had lived in Eagan, with his wife, Joan. He is
survived by his mother, Margaret Rossi, and his five children,
16 grandchildren, two sisters and a brother. The family asked
that memorials be sent to the Franciscan Retreat House,
Conventual Franciscan Friars, 16385 Francis Lane, Prior Lake
MN 55372. |