ADM Elects Directors at Annual Meeting, Declares Cash Dividend
May 05 2016 - 1:00PM
Business Wire
Archer Daniels Midland Company (NYSE: ADM) today announced at
its 93rd Annual Stockholders’ Meeting the election of its board of
directors, including new director, Debra Sandler.
Sandler most recently served as chief health and wellbeing
officer at Mars, after serving there as chief consumer officer and
president of Mars Chocolate North America. She also previously held
senior leadership positions at Johnson & Johnson and
PepsiCo.
“Debra’s extensive expertise in the consumer packaged goods will
be an extremely valuable asset to ADM as we continue expanding and
evolving in the food ingredient space,” said ADM Chairman and CEO
Juan Luciano. “We are pleased that Debra is joining our board of
directors.”
The Board’s 11 incumbent directors were also re-elected. The
directors re-elected are: Alan L. Boeckmann, Mollie Hale Carter,
Terrell K. Crews, Pierre Dufour, Donald E. Felsinger, Juan R.
Luciano, Antonio Maciel Neto, Patrick J. Moore, Francisco Sanchez,
Daniel Shih and Kelvin R. Westbrook.
Cash Dividend Declared
In addition, ADM’s Board of Directors declared a cash dividend
of 30 cents per share on the company’s common stock payable June 8,
2016, to shareholders of record May 18, 2016. This is ADM’s 338th
consecutive quarterly payment, a record of 84 years of
uninterrupted dividends. As of March 31, 2016, there were
587,213,352 shares of ADM common stock outstanding.
About ADM
For more than a century, the people of Archer Daniels Midland
Company (NYSE: ADM) have transformed crops into products that serve
the vital needs of a growing world. Today, we’re one of the world’s
largest agricultural processors and food ingredient providers, with
more than 32,300 employees serving customers in more than 160
countries. With a global value chain that includes 428 crop
procurement locations, 280 ingredient manufacturing facilities, 39
innovation centers and the world’s premier crop transportation
network, we connect the harvest to the home, making products for
food, animal feed, industrial and energy uses. Learn more at
www.adm.com.
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Archer Daniels Midland CompanyMedia
RelationsJackie Andersonmedia@adm.com312-634-8484
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