cargill board members

Lundquist spent 16 years with leading retailer and Cargill . [11] Cargill Inc revenues remained at $117 billion. Your IP: If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. Performance & security by Cloudflare. Russias War On Ukraine: Daily News And Information From Ukraine, Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, More Ex-British Challenger 2 Tanks Are Bound For Ukraine As London Doubles Its Pledge, This African Country Of Millions Is Without PowerHeres What We Know, REI Workers In Cleveland Vote To Join The Retail, Wholesale And Department Store Union, What It Took To Bring Daisy Jones And The Six To TV, Texas GOP Censures Rep. Gonzales For Supporting Same-Sex Marriage And Gun Safety, New England Patriots Reportedly Set To Release Brian Hoyer, Leaving Two In The Quarterback Room, Salesforce Gapped Higher On Better-Than-Expected Earnings. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. When typing in this field, a list of search results will appear and be automatically updated as you type. [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. Get the full list, Youre viewing 5 of 30 subsidiaries. There are approximately 90 family members that together own 88% of the company. Lucy MacMillan Stitzer, a member of the Cargill-MacMillan family, former Cargill board member, and founder of the Dirt to Dinner blog, has extensive experience in agriculture, banking, investments, and corporate governance. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. Cloudflare Ray ID: 7a301f3e0f147719 [1] The company "generates $108 billion in annual revenues". He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. This website is using a security service to protect itself from online attacks. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. Cargill, Incorporated provides agricultural products. Today the company sells and markets food, trades commodities and provides financial risk management. [19]:249, Cargill MacMillan Jr. (19272011), Cargill MacMillan Sr.'s (19001968) oldest son and the great-grandson of W. W. Cargill, worked at Cargill for 38 years and retired in 1988. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. Jen studied at Illinois State University. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. John S. Watson, retired chairman of the board and chief executive officer of Chevron Corporation, has been elected to the Cargill Board of Directors, effective today. Cargill has 166,000 employees, of which 34 are in a leadership position. The New England Patriots plan to release 37-year-old quarterback Brian Hoyer at the beginning of the 2023 league year, as first reported by SiriusXM NFL's Adam Caplan. We have 155,000 employees in 70 countries who are committed to . 176.74.19.164 [33] Their fortunes were all listed as "inherited". The country's leadership set this year's economic growth target at around 5%, a target more modest than some had previously projected as policymakers take into account a wide range of difficulties besetting the worlds second-largest economy. Mr. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARGILL STRENGTHENS EXECUTIVE TEAM WITH THE APPOINTMENTS OF JOANNE KNIGHT AS CHIEF FINANCIAL OFFICER, PHILIPPA PURSER AS HEAD OF STRATEGY AND GLOBAL PROCESS LEADER, BASF and Cargill further expand their partnership to offer high-performance enzyme solutions to animal protein producers in the United States. According to Forbes, 8 of the family members are billionaires. Investing in education. In announcing the winner Forbes said that "Not only is she almost entirely unknown, but the heiress to the Cargill agribusiness fortune passed away in 2006. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. Click to reveal The action you just performed triggered the security solution. The company's products include grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Director of Ecolab since 2015. from 8 AM - 9 PM ET. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 - October 17, 1909) and his son-in-law John H. MacMillan Sr. Cision Distribution 888-776-0942 13% of Cargill's management is Hispanic or Latino. Your IP: Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. Click to reveal Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . He now serves on the University of California, Davis Chancellor's Board of Advisors. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. The fourth generation includes the two sons and daughter of James R. Cargill (19232006) and his wife Mary Janet Morse Cargill (died February 5, 2010). Board Member . In an article entitled, "The Richest People You've Never Heard Of", Forbes estimated that the fortunes of the MacMillans were worth $1.2 billion each, and that of James and Margaret Cargill were estimated at $1.8 billion each. Jobs People Learning Dismiss Dismiss. [5][6], By 2019, Cargill Inc had been listed as America's largest private company since 1986, in all but two years that Forbes has maintained the list. "[46], Margaret Anne Cargill, a fourth generation member of the Cargill family, who died in 2006, had bequeathed her shares of the "Minnesota-based food, agriculture and fertilizer conglomerate" Cargill Inc worth about $6 billion to two non-profitsthe Anne Ray Charitable Trust and the Margaret A. Cargill Foundation. Cargill, Minneapolis Carlson CEO Trudy Rautio was elected to the board of directors. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. Cargill, Inc. Jan 21, 2021, 10:00 ET. Over the years, he held a number of positions in the United States and Singapore. Dismiss. [11] are part of the fourth generation. [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Fourteen Cargill family members are said to be billionaires - "one of the largest concentrations of wealth in any family- controlled business anywhere in the world," according to Bloomberg. This button displays the currently selected search type. You can email the site owner to let them know you were blocked. The company was founded in 1865 when W.W. Cargill started a grain. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. 11% of the management team is Black or African American. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. David Cargill was a national board member for the Arts Council for England, using his position to prioritise regional investment in the arts Other lives Arts Council England Obituary David. The Company produces grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. Page joined Cargill in 1974 as a trainee assigned to the Feed Division. "[14], This article is about the Cargill-MacMillan U.S. business family. [32] Edna and John H. MacMillan Sr had two sons and a daughterJohn H. MacMillan Jr, Cargill MacMillan Sr (19001968), and Emma Cargill married Fred M. Hanchette. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. Watson joins six other independent directors on Cargill's board: Richard H. Anderson, president and chief executive officer of Amtrak; Louis R. Chnevert, retired chairman and chief executive. Bernard Poussot Board Member 2010 David MacLennan Board Member 2022 Gregory Page Board Member Ginni Rometty Board Member 2022 Richard Anderson Board Member Louis R. Chenevert Board Member Choose the right Crunchbase solution for you Start Your Free Trial Crunchbase News Ishrak grew up in Bangladesh. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. Get the full list, Youre viewing 5 of 21 exits. [4], From 1999 until his retirement in 2007, a nonfamily member, American investor and businessman, Warren Staley, was CEO of Cargill, Inc. of Minneapolis, Minnesota. When Cargill sold its 64-percent stakes in Mosaic in 2011, the two nonprofits exchanged the private Cargill stock for 114.5 million shares of the public Mosaic stock. [10], While the "low-profile family" owns Cargill, and there are six family members on the 17-member board, family members have not been part of running the company since 1995, when Whitney MacMillan, who had served as Cargill's chairman and chief executive officer (CEO) since 1976, stepped down as chief executive in 1995. [1] Cargill invested more than $10 million in 2020 to support Black, Indigenous and people of color (BIPOC) children and families in our headquarters community of Minneapolis-St Paul, the United States and beyond through education, mentoring, nutrition and digital access programs. Watson joins six other independent directors on Cargill's board: Richard H. Anderson, president and chief executive officer of Amtrak; Louis R. Chnevert, retired chairman and chief executive officer of United Technologies Corporation; Arthur D. Collins, Jr., retired chairman and chief executive officer of Medtronic, Inc.; Stephen Hemsley, executive chairman of UnitedHealth Group; Bernard Poussot, retired chairman, chief executive officer and president of Wyeth; and Trudy Rautio, retired president and chief executive officer of Carlson. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. Austen Cargill (died 1957) married Anne Ray. All Rights Reserved. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. She was on the list of billionaires in 2010. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. Roger Watchorn is joining the company's executive team as leader of Cargill's Agriculture Supply Chains (CASC) business, which also includes the company's Ocean Transportation and World Trading Group. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. MINNEAPOLIS - Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. "[14] In 2012 Margaret Anne Cargill posthumously earned the #1 spot in The Chronicle of Philanthropy's annual list of America's 50 most generous donors, beating George Soros, Michael Bloomberg and Paul Allen. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. [10], In 2016, there were major changes in Cargill Inc. under non-family Cargill CEO David MacLennan, which included streamlining the company, making major cuts and divestments, restructuring, and acquisitions. Mar 1, 2023. Musk Made a Mess at Twitter. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. With fourteen billionaires in the family in 2019,[1][8] the Cargill family has more individual billionaires among its members than any other family anywhere in the world,[9] making them the family with the most wealthy members in history. Page served as Executive Director of Cargill from 2015 to 2016, Executive Chairman from 2013 to 2015, Chief Executive Officer from 2007 to 2013, and President from 2000 to 2007. Page joined Cargill in 1974 as a trainee assigned to the Feed Division and over the years held a number of positions in the United States and Singapore, including working with the start-up of a poultry processing operation in . [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. [15], In 2019, Forbes described Cargill Inc as an "international producer and distributor of agricultural products such as sugar, refined oil, chocolate and turkey" that also "provides risk management, commodities trading and transportation services. [1] Fourteen of the family members were still billionaires in 2019. [42], Four members of the Cargill family ranked 220 on "The 400 Richest Americans 2009" list, each with a net worth of $1.6 billion. In 1936, when Cargill Incorporated was formed with the merger of various Cargill businesses, John MacMillan, Sr. handed the presidency to a third generation of the Cargill-MacMillan family, his son John MacMillan, Jr.[18] By this time, Cargill Inc had offices in Canada and Italy, as well as many subsidiaries across the United States. He served on the board of directors for many years. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. Cargill provides food, agriculture, financial and industrial products and services to the world. We combine 155years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. In 2005, he was elected president of Chevron's international exploration and production company, and, in 2008, elected executive vice president for strategy and development. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. This combination of proven people, operational and market leadership make him a valuable addition to our board., We use cookies to provide you with a better experience. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. [4] Following the death of William Cargill in 1909, his son-in-law John MacMillan steered the company out of a debt crisis and into stability. The Cargill executive team is 26% female and 74% male. Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. Their 2009 annual earnings dropped 15% to $3.3 billion. Aerospace & Defense category Boeing nominates first Europe-based board member, . [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. [16]:xxxi Cargill's wealth increased, as the Great Plains were transformed into a breadbasket, providing grain to the country, and the railroads expanded east to west in the last quarter of the nineteenth century. John's knowledge and insights will be invaluable for Cargill and our board.". He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. 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Cloudflare Ray ID: 7a301f44c8a92e9b Amazons Daisy Jones & The Six Tops Music And TV Charts, China Aims For Its Gross Domestic Product To Expand Around 5% In 2023, Todays Wordle #624 Hint, Clues And Answer For Sunday, March 5th, UFC 285 Results: Cody Garbrandt Defeats Trevin Jones In Return To The Octagon, The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Desperate Russian Forces Are Sticking 80-Year-Old Naval Guns On 70-Year-Old Armored Tractors, Saturday, March 4. Here, Scott and Lauren Neustadter talk about falling in love with Taylor Jenkins Reid's novel. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. [33][39] Three of Cargill MacMillan Sr's four children Whitney MacMillan, Alice Whitney MacMillan, and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota),[33] were on "The 400 Richest Americans 2009" with a listed revenue of $4.3 billion each. An agreement among different branches of the family puts six family members on Cargill's 17-person board. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 October 17, 1909) and his son-in-law John H. MacMillan Sr. "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. 154.26.131.122 The Cargill-MacMillan family is the fourth-wealthiest family in America. [7], The exact wealth of the family is unknown, as the Cargill company is a privately owned business entity with no obligation to disclose exact ownership. Bayern Munich is keeping pace with Borussia Dortmund at the top of the table ahead of the season-defining clash against Paris Saint-Germain on Wednesday. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . Virginia (Ginni) M.. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Based on our data team's research, David MacLennan is the Cargill's CEO. His strategies were sometimes "under the scrutiny of the government". [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". [40] MacLennan, who had made major changes to Cargill Inc, also moved the company's headquarters from the 85-year-old lakeside offices in a mansion by a lake in Wayzata, Minneapolis to more "mundane" office space nearby. The Cargill company and familywho had at least 14 billionaireswere "famously quiet", living "extremely private lives, many of them on ranches and farms in Montana," according to Forbes. Cargill married Ellen "Ella" Theresa Stowell, and they had four childrenWilliam "Will" Samuel Cargill, Edna Clara Cargill (18711963),[32] Emma Cargill, and Austen Cargill (died 1957)the second generation of the Cargill family. He attended Oregon State University and University of Minnesota. How has the Suns' new starting group performed? He also will lead the company's corporate trading strategy. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [28] A Star Tribune article at the time of his retirement, said that prior to Staley's tenure, Cargill was considered to be "the agricultural industry's version of the CIA". "[17] Cargill had 160,000 employees.[17]. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. Watson earned a bachelor's degree in agricultural economics from the University of California, Davis in 1978 and a master's degree in business administration from the University of Chicago Booth School of Business in 1980. Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. "[27] He was the last Cargill "family member to serve as chief executive officer". . [14] Margaret Anne Cargill, who died in 2006, had bequeathed all her shares in the Cargill conglomerate to two non-profits,[14] but the funds could not be liquidated from the private company. Dismiss. For more information, visit Cargill.com and our News Center. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. Dr. Ishrak joined Medtronic as their CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. In January 2020, Ishrak was named independent chairman of the board of the board of Intel. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. Heres How To Trade The Stock Now, A Century Of Women, Work - And Juggling Family, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore.

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