ADM Elects Directors at Annual Meeting

Rhea-AI Summary

ADM (NYSE: ADM) announced the election of new board member Ted Colbert during its 98th Annual Stockholders' Meeting. Colbert, who has served as executive vice president and CEO of Boeing Global Services since October 2019, brings extensive leadership experience and expertise in information technology and data analytics to the board. Additionally, eleven incumbent directors were re-elected, ensuring continuity within the leadership team. ADM continues to focus on providing nutrition worldwide and driving sustainability in its operations.

Positive

• Ted Colbert elected to the board, bringing expertise in corporate leadership.
• Continuity with re-election of eleven incumbent directors.

Negative

• None.

ADM (NYSE: ADM) today announced at its 98th Annual Stockholders’ Meeting the election of its board of directors, including new director Ted Colbert.

Colbert has been executive vice president of The Boeing Company and president and chief executive officer of Boeing Global Services since October 2019. Prior to this role, Colbert served in a variety of roles at The Boeing Company since 2009, including chief information officer and senior vice president of Information Technology & Data Analytics and vice president of Information Technology Infrastructure. Colbert also served as senior vice president of Enterprise Architecture at Citigroup from 2007 to 2009. Colbert brings extensive expertise in corporate leadership to the Board of Directors, as well as significant knowledge of information technology, information security, and data and analytics.

Eleven incumbent directors were also re-elected, including: Michael S. Burke, Terrell K. Crews, Pierre Dufour, Donald E. Felsinger, Suzan F. Harrison, Juan R. Luciano, Patrick J. Moore, Francisco J. Sanchez, Debra A. Sandler, Lei Z. Schlitz and Kelvin R. Westbrook.

About ADM

At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.

Source: Corporate Release

View source version on businesswire.com: https://www.businesswire.com/news/home/20210506005847/en/

FAQ

Who was elected to the board of directors of ADM in 2023?

Ted Colbert was elected to the board of directors of ADM during the 98th Annual Stockholders' Meeting.

What experience does Ted Colbert have relevant to ADM's board?

Ted Colbert has extensive experience in corporate leadership and information technology, previously serving as the CEO of Boeing Global Services.

How many incumbent directors were re-elected at ADM's 2023 meeting?

Eleven incumbent directors were re-elected at ADM's 2023 Annual Stockholders' Meeting.

What is ADM's focus in its business operations?

ADM focuses on unlocking the power of nature to provide nutrition worldwide and is committed to sustainability.