ADM Announces New Leadership Appointments To Support Its New Structure

Thursday, March 22nd, 2018 | 1244 Views

Food processing company Archer Daniels Midland (ADM) has realigned its business segments across four units—Carbohydrate Solutions, Nutrition, Oilseeds and Origination, and has appointed leaders from its existing management team to lead the new segments.

The following leaders from the existing management team to lead the new segments are:

  • Chris Cuddy will expand his role as head of Corn Processing to lead the Carbohydrate Solutions business unit, which will include the current Corn and Milling operations.
  • Vince Macciocchi will expand his leadership role as head of Nutrition to include the Animal Nutrition and Bioactives businesses in addition to Wild Flavors & Specialty Ingredients.
  • Greg Morris will continue to lead the Oilseeds business unit, which will remain unchanged.
  • Stefano Rettore has been named senior vice president and president, Origination, which will include the current Agricultural Services business, excluding Milling. He will also continue to serve as the company’s chief risk officer.

Joe Taets will assume the newly created role of senior vice president and president, Global Business Readiness. In this new role, Mr Taets will leverage the success in delivering cost savings, efficiency and business process initiatives within Ag Services to scale the implementation of these initiatives and others on a global enterprise-wide basis.

In addition, Kristy Folkwein has been appointed senior vice president and chief information officer, where she will focus on ensuring the quality and integrity of the company’s data company-wide, continuing to drive process improvements working closely with Mr Taets.

The leadership changes are to increase the company’s existing initiative to reduce costs, improve efficiency and standardise its business processes and systems to drive improved analytics and decision-making across the organisation.