BNET Industries

Market Cap:$20.2B
Last Fiscal Year Sales:$36.5B
- Public
- US
Dow Jones Description
Archer Daniels Midland Company is one of the largest agricultural processors in the world. Serving as a vital link between farmers and consumers, we take crops and process them to make food ingredients, animal feed ingredients, renewable fuels and naturally derived alternatives to industrial chemicals. Because everything ADM does begins with agriculture, our partnership with the farming community is vital. Farmers are essential to the overall economy, and that's why we work to be essential to them - creating thousands of products from their crops, hundreds of markets for their crops. Founded in 1902 and incorporated in 1923, ADM is headquartered in Decatur, Illinois, and operates processing and manufacturing facilities across the United States and worldwide. Through our extensive global distribution facilities and capabilities, ADM makes a significant contribution to the world's economy and quality of life.
President & CEO
Patricia A. WoertzNumber of Employees 26,800
Contact Information
4666 E Faries Pkwy
PO Box 1470
Decatur, Illinois 62526-5666
1 800 637 5843
Peer Companies
NAICS Code Fats and Oils Refining and Blending: 311225
Recent Events
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ADM tells stockholders it sees sweeter days ahead
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ADM Reports First Quarter Earnings of $ .77 Per Share
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ADM Acquires Czech Oilseed Plant
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Archer Daniels Midland Company to Release First Quarter Results on November 3, 2009
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Archer Daniels Midland buys Czech facilities
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Archer Daniels Midland ADM Acquires Czech Oilseed Plant
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Notable Analyst Rating Changes 9/30: NKE, HBAN, AMSC, CPSL, EHTH, ADM Upgraded; TGT, PSSI, GLBC,...
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The Informant! - $10.5M
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ADM Announces Election of Corporate Officers
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Sweepstakes: 'The Informant!' Movie Prizes
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'The Informant!' Soundtrack Composed By Marvin Hamlisch, Hits Digital Stores August 25
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ADM Announces Appointment of Director, Declares Cash Dividend
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ADM Reports Annual Results
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ADM profits fall for second straight quarter
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Campus Notes for June 24
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ADM Shielding Dividend Despite Stiff Head Winds
News & Analysis
Filter by
archer daniels midland co. and strategy - All News and Analysis
Is Ethanol Dead? Not So Fast
Max Blankfeld submits: A few months I wrote about how the number of flex-fuel cars was increasing in Brazil and sugar-cane ethanol has been a thriving industry for years, without causing damage to food production. Fresh news related to the ethanol industry, both in the US and in Brazil, should...
ConocoPhillips, which earlier this year joined with Tyson Foods Inc
* ConocoPhillips, which earlier this year joined with Tyson Foods Inc., to produce a form of biodiesel from discarded animal protein, has formed an alliance with Archer Daniels Midland Co., the agriculture processing giant, to make biocrude from the waste of crops, wood and switchgrass, which can be turned into...
Biofuels Hit Center Stage
Only once in a blue moon would you see an Iowa corn farmer, a petroleum industry representative, a Department of Energy DOE official and the cofounder of Sun Microsystems sit down together for a civil lunch, much less for two days of heavy discourse regarding politics, war and energy. ...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Patricia A. Woertz | President & CEO |
| Douglas J. Schmalz | CFO & Senior Vice President |
| David Smith | Executive Vice President & Secretary |
| John D. Rice | Executive Vice President |
| Brian F. Peterson | Senior Vice President |
| Edward A. Harjehausen | Senior Vice President |
| Lewis W. Batchelder | Senior Vice President, Agricultural Services |
| Mark G. Matlock | Senior Vice President, Res |
| Martin A. Lyons | Senior Vice President, Sales & Marketing, Ethanol |
| Maureen Ausura | Senior Vice President, HR |
| Randall Neumeyer | Senior Vice President, Transportation |
| Richard P. Reising | Senior Vice President, Intl Investments |
| Robert A. Cook | Senior Vice President, Trading & Marketing |
| A.J. Shafter | General Counsel & Vice President |
| Anthony P. DeLio | Vice President, Marketing & Public Relations |
| Bruno Ejankowski | Vice President, Manufacturing Operations, North American Oilseed Division |
| Craig E. Huss | Vice President |
| Craig Fischer | Vice President |
| David L. Ragan | Vice President, Export Trading |
| Dennis C. Garceau | Vice President |
| Dennis C. Riddle | Vice President |
| Dennis J. Whalen | Vice President |
| Dwight E. Grimestad | Vice President, Investor Relations |
| F. Kathie Whitley | Vice President, Labour & Employee Relations, HR Dept |
| Gene F. Smith | Vice President, Corp Health & Safety |
| George W. Reardon | Vice President, Global Tax |
| Graham Keen | Vice President, Corp Marketing |
| Graig A. Fischer | Vice President, Wheat Processing |
| Greg Webb | Vice President, Public Affairs |
| Ismael Roig | Vice President |
| J. Kevin Burgard | Vice President, Specialty Food Ingredients |
| Janice K. Binger | Vice President, Natural Health & Nutrition |
| Jankees Van Der Wild | Group Vice President, Global Oilseed Processing |
| Jankees Wild | Vice President |
| John G. Reed | Vice President, Govt Affairs |
| John Hanson | Vice President, Manufacturing Operations |
| John Longwell | Vice President, Structured Finance |
| Karla M. Miller | Vice President, Public Relations |
| Kenneth A. Robinson | Vice President |
| Kevin Moore | Vice President & Director, Technical |
| Kyle James | Vice President, Sales, Fuel Ethanol |
| Larry Williams | Vice President, Marketing |
| Margaret M. Loebl | Vice President, Finance |
| Mark A. Bemis | Vice President, Cocoa Operations |
| Mark Be | Vice President, Operations |
| Mark E. Calmes | Vice President, Corp Environ Safety |
| Mark J. Cheviron | Vice President |
| Mark Zenuk | Vice President |
| Matthew J. Jansen | Vice President |
| Michael Lusk | Vice President |
| Nicholas F. Lauer | Vice President & Director, Operations Management Support |
| Paul Krug | Vice President |
| Randall J. Moon | Vice President |
| Raymond E. Day | Vice President, Domestic Trading |
| Raymond V. Preiksaitis | Vice President |
| Richard P. Spycher | Vice President, Credit |
| S.R. Mills | Vice President & Controller |
| Scott A. Roney | Vice President |
| Shannon Herzfeld | Vice President |
| Stephen H. Yu | Vice President |
| Stephen W. Minder | Vice President, General Audit |
| Steven E. Dale | Vice President |
| Thomas Ames | Vice President, Transportation & Logistics |
| Todd Saathoff | Vice President, Specialty Fats & Oils |
| Vikram Luthar | Vice President & Treasurer |
| Julian Lewis | Director, Intl Treasurer Operations |
| Russ Egbert | Director, Protein Research |
| Shannon Chapoy | Director, Marketing, Europe |
| Andres M. Richars | Manager, Employment |
| Cheryl Borders | Manager, Soy Food Operations |
| Crocifissa Mandracchia | General Manager |
| Gudron Vis | Manager, Marketing, Europe |
| Teresa Hicks | Manager, Employee Benefits |
| Marc A. Sanner | Assistant Controller |
| Douglas R. Ostermann | Reg Treasurer, Europe |
| Ronald S. Bandler | Assistant Treasurer |
| Scott A. Roberts | General Counsel & Assistant Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Dwayne O Andreas | Chairman Emeritus |
| A. Maciel | Board of Directors |
| A.L. Boeckmann | Board of Directors |
| K.R. Westbrook | Board of Directors |
| M.B. Mulroney | Board of Directors |
| M.H. Carter | Board of Directors |
| O.G. Webb | Board of Directors |
| P.J. Moore | Board of Directors |
| R.S. Joslin | Board of Directors |
| T.F. O. Neill | Board of Directors |
Patricia A. Woertz is chairman, chief executive officer and president of Archer Daniels Midland Company (ADM). Pat joined ADM in 2006 as CEO and president. She assumed the additional role of chairman in 2007. As chairman, CEO and president, Pat leads one of the world’s largest agricultural processing companies. For more than 100 years, ADM has turned crops into products for food, animal feed, chemical and energy uses. ADM also operates the world’s premier origination and transportation network that connects crops and markets in more than 60 countries. Today, ADM is a Fortune 60 company with 27,000 employees across the globe. Since joining ADM, Pat has worked with the Board and senior management to position ADM for continued success. Under her direction, ADM has articulated a strategic focus to expand ADM’s position in the agricultural processing value chain and to grow the Company’s BioEnergy business. Pat also led the reorganization of ADM’s operations to enhance efficiency and provide clearer lines of responsibility for long-term success. Truly passionate about developing people, Pat strengthened ADM’s commitment to employee safety and communications. In 2006, she led ADM’s first all-colleague global Town Hall where she shared the Company’s strategic focus with colleagues worldwide. In 2007, she led ADM’s first Global Safety Week and issued a safety call to action to all ADM colleagues. Both have become annual Company events. A graduate of Pennsylvania State University, Pat began her career with Ernst & Young in Pittsburgh, Pennsylvania, as a certified public accountant. Attracted to the complexity and opportunity of a global energy company, she joined Gulf Oil Corporation in 1977 and held positions in refining, marketing, strategic planning and finance. Following the merger of Gulf and Chevron in 1987, Pat served as president of Chevron Canada and later Chevron International Oil Company. With the merger of Chevron and Texaco in 2001, she was named executive vice president in charge of the company’s refining, marketing, lubricant, and supply and trading operations. She retired from Chevron in March 2006. Pat Woertz is an internationally recognized business leader. In 2007, Fortune magazine named her the sixth most powerful woman in business. In 2006, she was identified as one of the 25 most influential leaders of the year by Fortune magazine. Pat is a member of the Board of Directors of the Procter & Gamble Company, and is a member of the National Petroleum Council, the International Business Council of the World Economic Forum, the U.S. Chamber of Commerce, The Business Council and Business Roundtable. She serves on the Board of Trustees of the University of San Diego and the Board of Visitors of Pennsylvania State University, which awarded her its highest recognition for alumni. She also serves as a vice chairman for the Kennedy Center Corporate Fund.
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | President & CEO | Current |
| The Pennsylvania State University | Board of Visitors | Current |
| Archer Daniels Midland Co. | Chairman | Current |
| Procter & Gamble | Board of Directors | Current |
| Kennedy Center Corporate Fund | Vice Chairman | Current |
| University of San Diego | Board of Trustees | Current |
| The Business Roundtable | Member | Current |
| The Business Council | Member | Current |
| National Petroleum Council | Member | Current |
| Chevron Corp. | Executive Vice President | Former |
| Ernst & Young | Certified Public Accountant | Former |
| Gulf Oil Corporation | Refining, Marketing, Strategic planning and finance | Former |
| The Pennsylvania State University | Bachelor of Science in Accounting | Former |
| U.S. Chamber of Commerce | Member | Former |
| The International Business Council | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | CFO & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Executive Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President, Agricultural Services | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President, Res | Current |
| Organization | Position | Status |
|---|---|---|
| ADM Corn Processing Division | Senior Vice President, Sales & Marketing, Ethanol | Current |
| Archer Daniels Midland Co. | Senior Vice President, Sales & Marketing, Ethanol | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President, Transportation | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President, Intl Investments | Current |
| Agrinational Insurance Company | Treasurer | Current |
| Agrinational Insurance Company | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Senior Vice President, Trading & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | General Counsel & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Marketing & Public Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Manufacturing Operations, North American Oilseed Division | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| ADM North American Oilseed Processing Division | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| ADM Milling Co. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Export Trading | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| ADM North American Oilseed Processing Division | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| ADM Corn Processing Division | President | Current |
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Investor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Labour & Employee Relations, HR Dept | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Corp Health & Safety | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Global Tax | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Corp Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Wheat Processing | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Public Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Specialty Food Ingredients | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Natural Health & Nutrition | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Group Vice President, Global Oilseed Processing | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Govt Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| Benson-Quinn Commodities Inc. | Vice President, Manager | Current |
| Archer Daniels Midland Co. | Vice President, Manufacturing Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Structured Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Public Relations | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President & Director, Technical | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Sales, Fuel Ethanol | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Marketing | Current |
| ADM Alliance Nutrition | Marketing Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| ADM Cocoa | President | Current |
| Archer Daniels Midland Co. | Vice President, Cocoa Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Corp Environ Safety | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President & Director, Operations Management Support | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Domestic Trading | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Credit | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, General Audit | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Transportation & Logistics | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President, Specialty Fats & Oils | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Vice President & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Director, Intl Treasurer Operations | Current |
| Archer Daniels Midland Co. | Director, Intl Treasurer Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Director, Protein Research | Current |
| Archer Daniels Midland Co. | Director, Protein Research | Former |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Director, Marketing, Europe | Current |
| Archer Daniels Midland Co. | Director, Marketing, Europe | Former |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Manager, Employment | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Manager, Soy Food Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Manager, Marketing, Europe | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Manager, Employee Benefits | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Assistant Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Reg Treasurer, Europe | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Assistant Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | General Counsel & Assistant Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Chairman Emeritus | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Archer Daniels Midland Co. | Board of Directors | Current |
Executive News
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ADM Announces Appointment of Director, Declares Cash Dividend
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Archer Daniels Midland appoints board member
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State Farm(R) Chairman Rust to Receive Leadership Circle of Excellence Award
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ADM Announces Appointment of Director, Declares Cash Dividend
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ADM Reports Annual Results
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