cargill board members

Win whats next. [34], Cargill heiress Marion MacMillan Pictet (19322009) ranked #176 on Forbes list in 2010 with a net worth of $4.5 billion,[43][44][45] an increase over $4.3 in 2009. Inside the Cargill Family Sarah Reid The four women are sisters, the daughters of W. Duncan MacMillan, who was a Cargill board member for three decades and who died in 2006 as the 216th-richest man in America, Forbes previously reported. James died in 2006 and his widow died in 2010, had lived in her hometown, Minneapolis, Minnesota. All rights reserved. Dismiss. [20][21] His estimated net worth was $2.6 billion when he died. He served on the board of directors for many years. Cargill names new board member | 2021-01-21 | MEAT+POULTRY Rob Cargill on LinkedIn: 92-100 Buchanan Street - Linear 3M - Governance - Board of Directors Retired Chairman and Chief Executive Officer of Cargill. Click to reveal For more information, visitCargill.comand ourNews Center. Aerospace & Defense category Boeing nominates first Europe-based board member, . For more information, visit Cargill.com and our News Center. [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. [8] The Cargill family had at least 14 billionaires. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. William Cargill founded the Cargill company as an Iowa grain storage business in 1865, during the postCivil War period, and was its CEO for almost 40 years. 154.26.131.122 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. 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 . Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. Dr. Omar Ishrak elected to Cargill Board of Directors Musk Made a Mess at Twitter. Pedro Cortez Cargill - Board Member - Atipicus | LinkedIn Pedro Cortez Cargill CTO Providencia, Regin Metropolitana de Santiago, Chile 722 seguidores Ms de 500 contactos Unirse para ver. According to Forbes, 8 of the family members are billionaires. [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. John's knowledge and insights will be invaluable for Cargill and our board.". "Omar's deep international. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. Cargill Company Profile: Valuation & Investors | PitchBook She was on the list of billionaires in 2010. Cargill - Contacts, Employees, Board Members, Advisors & Alumni The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. 2023 PitchBook. Four new leaders join Cargill's executive team | Cargill [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. [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. Ishrak joined Medtronic as CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. from 8 AM - 9 PM ET. Cloudflare Ray ID: 7a301f3e0f147719 The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. [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. 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. And, yes, we've come a long way, baby! Dr. Omar Ishrak elected to Cargill Board of Directors - PR Newswire 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. California Weighs $360,000 in Reparations to Eligible Black Residents. The four children of their second oldest son, Cargill MacMillan Sr (19001968) and his wife Pauline Whitney (19001990) are also second generationCargill MacMillan Jr (19272011), Whitney MacMillan (1929-2020), Alice Whitney MacMillan (19321932), and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota). NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. He is a member of the board of trustees of Minnesota Public Radio as well as the Asia Society, the leading educational organization dedicated to promoting mutual understanding and strengthening partnerships among peoples, leaders and institutions of Asia and the United States. 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. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. None of the information on this page has been provided or approved by Cargill. This website is using a security service to protect itself from online attacks. Jobs People Learning Dismiss Dismiss. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. This combination of proven people, operational and market leadership make him a valuable addition to our board," said David MacLennan, Cargill's chairman and CEO. Executive Summary. 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. [1] The company "generates $108 billion in annual revenues". Cargill provides food, agriculture, financial and industrial products and services to the world. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. About CargillCargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information 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. Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. Omars deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO, said David MacLennan, chairman and CEO of Cargill. 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. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. [1] The most recent family members appointed to the board are fifth generation. Cargill-MacMillan family - Forbes [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. He also is a member of the board of directors of the Cleveland Clinic as well as a member of the board of trustees of Minnesota Public Radio and the Asia Society. There are approximately 90 family members that together own 88% of the company. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. 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). The third generation included the four children of Edna and John H. MacMillan Sr (18691940)John H. MacMillan Jr (18951960) and his wife Marion Dickson (18921980)John Hugh MacMillan III (19282008), Whitney Duncan MacMillan (19302006), and Marion MacMillan Pictet (19302009), who had a daughter, Gwendolyn Sontheim Meyer who had two children. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". 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. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. 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. Neither of the new board members, who were both in their mid-thirties, have ever worked for the company, but "they have taken corporate governance courses". Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . To view Cargills complete valuation and funding history, request access, To view Cargills complete patent history, request access, Youre viewing 5 of 133 executive team members. [1] Fourteen of the family members were still billionaires in 2019. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Cargill - Corporate Governance Director - Minnesota Hispanic Bar Jen studied at Illinois State University. [11] Cargill Inc revenues remained at $117 billion. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. The employee data is based on information from people who have self-reported their past or current employments at Cargill. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. 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. White is the most common ethnicity company-wide. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . Based on our data team's research, David MacLennan is the Cargill's CEO. Executive Team | Cargill Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. Leadership | About Us | John Deere US Diversity, Equity and Inclusion. What a difference three - Cargill She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Mr. Their 2009 annual earnings dropped 15% to $3.3 billion. Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. "[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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. 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. [20], In the mid-1990s, "family factions" made an agreement, which is in the company's bylaws, stipulating that only six members of the family sit on Cargill's 17-person board:[10] four Macmillans and two Cargills. "[1], A review of William Duncan MacMillan's 1998 book MacMillan: The American Grain Family,[31] described the MacMillans as "one of Minnesota's wealthiest clans" and "one its most doggedly secretive". [16]:xiii The success of the company under his tenure from 1936 to 1960 was due in large part to the team he formed with a second-generation family member, MacMillan Jr's uncle, Austin Cargill, who had joined the company in 1913,[16]:245 and Cargill MacMillan Sr. Director of Ecolab since 2015. Performance & security by Cloudflare. Mr. He attended Oregon State University and University of Minnesota. [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. [22], His brother Whitney MacMillan, who was Cargill's chairman and chief executive officer (CEO) from 1976 to 1995,[12][23][24][25] was described by Forbes as the "patriarch of the Cargill-MacMillan clan" who "led the company to become a global conglomerate" in his tenure as CEO. 'Daisy Jones & The Six' is breaking records and topping charts. 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. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. Mar 1, 2023. Four new leaders join Cargill's executive team, aligned to company's Vice Chair of the Audit Committee and member of the Governance Committee.Mr. [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. Global Solution Architect & Solution Owner - Supply Chain Planning, Group CIO/BRM - Global Edible Oil Solutions, Total number of employee profiles an organization has on Crunchbase, Total number of board member and advisor profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Number of Board Member and Advisor Profiles, VP of IT, CIO Cargill Protein, Salt and Animal Nutrition & Health, Chief Technology Officer & Vice President, Corporate Vice President & Chief Human Resources Officer, Vice President - Transportation and Logistics, Edit Board Member and Advisor Profiles Section. [28][29] His career at Cargill spanned almost four decades. [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". China Emphasizes Whole Nation Stance on Tech as US Curbs Bite, China Aims to Boost Grain Capacity Under New Food Security Push, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Estonias Premier Faces Far-Right Test With NATO Unity at Risk, Japan Planning Steps to End South Korea Trade Rift, Yomiuri Says, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, Chinas 5% GDP Target SignalsCrackdowns Are Not Over. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. Design, CMS, Hosting & Web Development :: Sign up for our free newsletters to stay informed on each days news and trends, Conagra Brands adds new member to board of directors, Tyson nurse charged for impersonation of a medical professional, Temple Grandin addresses the recent controversy regarding CAS, PSSI to pay $1.5 million for child-labor violations. Cargill Elects John Watson to Board of Directors - Feed & Grain MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. 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. Board Members - Margaret A. Cargill Philanthropies Paul Busch announces his retirement as President & CEO at Margaret A. Cargill Philanthropies Learn More Margaret A. Cargill Philanthropies expands its governance structure Learn More Domains About Careers News Resources Search Contact Board Members 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. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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. The remaining 10 percent was owned by Cargill employees. Cargill donates $500K for new Kansas African American Museum site Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . 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. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. The most common ethnicity among Cargill executive officers is White. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. 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. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. 9% of employees are Black or African American. When typing in this field, a list of search results will appear and be automatically updated as you type. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Brent Reitz | Board Member Brent Reitz was named President of Adventist HealthCare's Post-Acute Care Services division, a combination of Rehabilitation, Home Care and Care Navigation service lines, in December of 2019. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. "[1] Forbes listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] Each year, the Cargill-MacMillan family takes about eighteen percent of the "net profits as dividends". Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. Cargill family - Wikipedia Here are further demographic highlights of the leadership team: Chairman and Chief Executive Officer of Cargill, Incorporated, a privately held company and world-leading producer and marketer of food, agricultural, financial, and industrial products and services. Your IP: Explore institutional-grade private market research from our team of analysts. Over the years, he held a number of positions in the United States and Singapore. Get the full list, Youre viewing 3 of 11 board members. 11% of the management team is Black or African American. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. In 1998, he was named a corporate vice president with responsibility for strategic planning and mergers and acquisitions.