As part of global Earth Day celebrations this week, ADM is announcing a commitment to achieve 100% deforestation-free supply chains by 2025, five years earlier than previously targeted. The accelerated timeline applies to direct and indirect sourcing of all commodities from every country in ADM's supply chain. "Our goal is to end deforestation in the shortest time possible, and the new target date for deforestation-free [...]
ADM , a global leader in sustainable human and animal nutrition, and one of the world's premier agricultural origination and processing companies, today announced that it will be holding its 2022 Annual Meeting of Stockholders as a virtual-only meeting due to concerns over recent global outbreaks and the potential for resurgence of the COVID-19 virus as the Annual Meeting approaches. As previously announced, the Annual [...]
ADM , a global leader in nutrition, announced today that it will invest approximately $300 million to significantly expand its Decatur, Illinois, alternative protein production, as the company continues to add capacity to meet strong demand growth. ADM will further enhance its alternative protein capabilities by opening a new, state-of-the-art Protein Innovation Center, also in Decatur. "The global trends of food security [...]
ADM , a global leader in sustainable human and animal nutrition, and one of the world's premier agricultural origination and processing companies, today announced Vikram Luthar has been appointed Chief Financial Officer, following a thorough succession planning and candidate review process. Luthar succeeds Ray G. Young, who has served as CFO since 2010 and has also served as the company's Vice Chairman since February [...]
ADM will release financial results for the first quarter of 2022 before the market opens on Tuesday, April 26, 2022. A slide presentation will also be available for download at this time. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update. To listen to the webcast or to download the slide presentation, go to www.adm.com/webcast. A replay of the webcast will also be [...]
ADM , a global leader in sustainable human and animal nutrition, and one of the world's premier agricultural origination and processing companies, today announced that Ray G. Young will assume the additional role of Vice Chairman, in which he will provide strategic counsel on major initiatives critical to ADM's future success. Young plans to transition from his role as Chief Financial Officer once his successor is [...]
ADM announced today the successful pricing of its first sustainable bond, which will support initiatives to advance the company's goals across the environmental, social and governance spectrum. ADM agreed to issue $750 million in aggregate principal amount of 2.900% notes due 2032. The offering is expected to close on February 28, 2022, subject to the satisfaction of customary closing conditions. "Sustainability [...]
ADM Ag Services & Oilseeds president Greg Morris and head of Investor Relations Vikram Luthar will participate in a fireside chat at the Bank of America 2022 Global Agriculture and Materials conference on Thursday, March 3, in Fort Lauderdale, Fla. The ADM leaders will discuss the significant transformation of the company; the continued execution of ADM's strategy, including the growth path for Ag Services & Oilseeds; the [...]
ADM, a global leader in nutrition that powers many of the world's top food, beverage, health and wellness brands, today released its alternative protein outlook. The protein outlook is a deeper dive into one of the seven top consumer trends identified by the company for 2022. The findings, based on research from the company's proprietary Outside VoiceSM consumer insights platform, reveal what's next for protein [...]
ADM was named one of the world's most admired companies in the food production industry by FORTUNE Magazine for the 14th year in a row. FORTUNE's "World's Most Admired Companies" list is the definitive report card on corporate reputation, and is developed by FORTUNE and Korn Ferry. The 2022 list ranked companies in 52 major industries on nine criteria - from investment value, innovation, and quality of management and [...]
ADM proudly announced that it received a perfect score of 100 on the Human Rights Campaign Foundation's 2022 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. ADM joins the ranks of over 840 major U.S. businesses that also earned top marks this year. "Our goal at ADM is to create a culture that promotes inclusion [...]
ADM's Board of Directors has declared a cash dividend of 40.0 cents per share on the company's common stock, an 8.1% increase from last quarter's dividend of 37.0 cents per share. "Last month, at our Global Investor Day, we unveiled our strategic plan and reiterated our balanced financial framework for value creation, including using our strong cash flows to deliver both growth investments and distributions to [...]
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