Archer Daniels Midland Company

Archer Daniels Midland Company (NYSE: ADM) today announced plans to construct a soy protein production complex in Campo Grande, Mato Grosso do Sul, Brazil, representing an investment of approximately US$250 million. The complex, which will be located next to ADM’s existing soybean processing facility in Campo Grande, will manufacture a range of functional protein concentrates and isolates to complement ADM’s current [...]

Archer Daniels Midland Company (NYSE: ADM) today announced the appointment of Chris Boerm to president, Grain. In that role, he will oversee ADM’s U.S. and export grain businesses, grain merchandising operations and destination marketing businesses. The appointment is effective April 1, 2014. “With more than two decades and a range of experience at ADM, Chris has the knowledge and proven leadership to manage and grow [...]

Archer Daniels Midland Company (NYSE: ADM) today announced two management appointments in a new corporate strategy function. Ian Pinner has been named vice president, Corporate Strategic & Financial Planning, a new position created to help develop and drive ADM’s corporate strategic growth plan and its business performance plans. Pinner will also lead ADM’s annual business planning process. Previously, Pinner was [...]

Archer Daniels Midland Company (NYSE: ADM) announced today the promotion of Juan R. Luciano to president, effective immediately. He is the 12th person to serve as president in the company’s 112-year history and assumes this role in addition to his position as chief operating officer. Luciano oversees the commercial and production activities of ADM’s corn, oilseeds, and agricultural services businesses, as well as its [...]

Archer Daniels Midland Company (NYSE: ADM) and Rennovia, Inc. announced today that ADM has committed to a $25 million equity investment in the privately held company, which develops catalysts and processes for the cost-advantaged production of chemical products from renewable feedstocks. “This investment is part of ADM’s ongoing efforts to enhance returns by strengthening our portfolio of higher-margin products,” said [...]

Archer Daniels Midland Company (NYSE: ADM) will present at the Bank of America Merrill Lynch 2014 Global Agriculture Conference on Thursday, Feb. 27, 2014, in Fort Lauderdale, Fla. Chairman and CEO Patricia Woertz will present at 9:15 a.m. Eastern Time. The ADM presentation will be webcast live at www.adm.com/webcast. A replay of the presentation will also be available online at the same address for an extended period [...]

Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Dec. 31, 2013. The company reported adjusted earnings per share1 of $0.95, up 58 percent from the $0.60 in the same period last year. Net earnings for the quarter, which were negatively impacted by charges related to GrainCorp and to ADM’s Brazilian sugar mill, were $374 million, or $0.56 per share, down from $0.77 per share [...]

Archer Daniels Midland Company (NYSE: ADM) will release financial results for the fourth quarter of 2013 before the market opens on Tuesday, Feb. 4, 2014. The company will host a conference call and audio webcast at 8 a.m. Central Time to discuss financial results and provide a company update. A financial summary slide presentation will be available to download approximately 60 minutes prior to the call. To listen to [...]

Archer Daniels Midland Company (NYSE: ADM) today named Ben Bard vice president and global chief compliance officer. Bard will be responsible for ADM’s Office of Compliance and will oversee the company’s compliance policies and programs, including the code of conduct, ethics helpline, global anti-corruption program, trade compliance, antitrust and competition law, data protection, privacy, and conflict of interest [...]

Archer Daniels Midland Company (NYSE: ADM) announced today that it had reached a settlement with the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) of allegations under the Foreign Corrupt Practices Act (FCPA) relating primarily to conduct by a Ukraine subsidiary of ADM’s majority-owned subsidiary, Alfred C. Toepfer International. Under the settlement, ADM has entered into a [...]