REX American Resources Corporation announced that the Board of Directors named Zafar Rizvi, 65, Chief Executive Officer. Mr. Rizvi assumes the CEO role from Stuart Rose who will serve as the Executive Chairman of the Board of Directors with a focus on strategic development and financial community relations. Mr. Rizvi has served as REX's President and Chief Operating Officer since 2010 and will continue to serve as President.

The company announced that the company's Board of Directors, acting pursuant to the company's Bylaws, appointed Mr. Rizvi to the Board.