ADM to make board changes

by Holly Demaree
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CHICAGO — The board of directors of Archer Daniels Midland Co. has nominated Suzan F. Harrison to stand for election to the board at its upcoming annual stockholders’ meeting on May 4. Ms. Harrison, a 33-year veteran of Colgate Palmolive, is president of Global Oral Care and has served in several senior level positions at Colgate-Palmolive, including as president of Hill’s Pet Nutrition Inc. North America.

“Suzan Harrison would be a tremendous addition to ADM’s board of directors,” said Juan Luciano, chairman and chief executive officer. “If elected by our shareholders, she will bring extensive experience in areas such as consumer insight, marketing, and customer-driven innovation, all of which are critical to our ongoing efforts to expand throughout the value stream.”

ADM also announced that Mollie Hale Carter, who has served as an ADM director since 1996, and Antonio Maciel Neto, who has served as an ADM director since 2006, have informed the board that they will not seek re-election at the annual stockholders’ meeting.

“On behalf of the board and the entire company, I’d like to extend my heartfelt thanks to Mollie Hale Carter and Antonio Maciel Neto for their service,” Mr. Luciano said. “As our longest-serving member of the board and former lead independent director, Mollie has guided our growth over the last two decades. Antonio too has been a valued advisor and leader, particularly as a member and ultimately chair of the Nominating/Corporate Governance Committee, in which role he helped enhance our governance and compliance programs.”
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