Articles from ADM

ADM (NYSEADM) (ADM or “the Company”), a global leader in innovative solutions from nature, today announced the appointment of Carrie Nichol as Vice President and Chief Accounting Officer, effective March 1.

ADM (NYSEADM) will release financial results for the fourth quarter of 2024 before the market opens on Tuesday, Feb. 4. A slide presentation will also be available for download. The company will host a webcast at 9 a.m. Central Time to discuss the results and provide a company update.

ADM (NYSEADM) announced today that its Board of Directors authorized an extension of ADM’s share repurchase program.

ADM (NYSEADM) today reported financial results for the quarter ended September 30, 2024 that are consistent with its previously announced preliminary results, and also filed its third quarter form 10-Q. The Company also filed its restated financial statements in its fiscal year 2023 Form 10-K and its forms 10-Q for the first and second quarters of 2024. The restatement did not impact the Company’s consolidated financial results for any of the periods covered by those reports, as noted below.

ADM’s (NYSEADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company’s common stock. The dividend is payable on Dec. 12, 2024, to shareholders of record on Nov. 21, 2024.

ADM’s (NYSEADM) Board of Directors today announced that it has elected AT&T Inc. Senior Executive Vice President and General Counsel David R. McAtee II as its newest member. McAtee has served as AT&T’s worldwide General Counsel since 2015.

ADM (NYSEADM) (“the Company”) today reported preliminary financial results for the quarter ended September 30, 2024.

ADM (NYSEADM) will release financial results for the third quarter of 2024 before the market opens on Tuesday, Nov. 5. A slide presentation will also be available for download. The company will host a webcast at 9 a.m. Central Time to discuss the results and provide a company update.

ADM (NYSEADM) will present at the 2024 Barclays Global Consumer Staples Conference in Boston on Tuesday, Sept. 3. Chair of the Board and CEO Juan Luciano and Chief Financial Officer Monish Patolawala will present at 2:45 p.m. CDT. The event will be broadcast live at www.adm.com/webcast, and a replay will also be available for a limited time on www.adm.com/webcast.

Farmers Business Network (FBN®) and ADM (NYSEADM) today announced that they have launched a joint venture, Gradable, creating a new company to expand the Gradable technology platform and enable more farmers and buyers to confidently pursue and derive value from grain produced using sustainable and regenerative practices.

ADM’s (NYSEADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company’s common stock. The dividend is payable on Sept. 11, 2024, to shareholders of record on Aug. 21, 2024.

ADM (NYSEADM), a global leader in innovative solutions from nature, was recently recognized as a winner of the 2024 Sustainability Leadership Award presented by the Business Intelligence Group.

ADM (NYSEADM) today reported financial results for the quarter ended June 30, 2024.

ADM (NYSEADM), a global leader in innovative solutions from nature, today issued its second annual report detailing its accelerating global work to advance regenerative agriculture practices. The comprehensive report includes:

ADM (NYSEADM) will release financial results for the second quarter of 2024 before the market opens on Tuesday, July 30. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.

ADM (NYSEADM) and LG Chem announced today that their previously announced projects for the production of lactic and polylactic acid will not move forward.

ADM (NYSEADM) today announced the appointment of Monish Patolawala as Executive Vice President and Chief Financial Officer, effective August 1, 2024, succeeding Ismael Roig, who has been serving as ADM’s Interim CFO since January 2024. Mr. Patolawala brings to ADM more than 25 years of experience overseeing global finance and technology teams across leading industrial and healthcare companies, most recently including 3M. As EVP and CFO of ADM, Mr. Patolawala will be responsible for overseeing Global Finance and Accounting, Global Business Services, Global Technology and Enterprise Strategy.

ADM (NYSEADM) and Bayer today announced an extension of their collaboration, working with farmers in a bid to drive the further adoption of regenerative agricultural practices in Europe.

ADM Animal Nutrition, a division of ADM (NYSEADM), is expanding the recalls announced on March, 30, 2024 and April 11, 2024, to include the following additional products due to elevated levels of magnesium, sodium, calcium, chloride and/or phosphorus.

ADM (NYSEADM) and its global regenerative agriculture program were named a finalist in the Enterprise category of Fast Company’s 2024 World Changing Ideas Awards. Selected from a pool of more than 1,300 entries, ADM was one of 127 finalists recognized for developing creative solutions to today’s most pressing issues.

ADM (NYSEADM) has been recognized as one of “America’s Greatest Workplaces for Women 2024” by Newsweek, underscoring ADM’s unwavering commitment to fostering an inclusive environment that values diversity, equity and inclusion in all roles and at all levels of the organization.

ADM (NYSEADM) today released its 2023 Corporate Sustainability Report, highlighting an extensive array of accomplishments, initiatives and goals that are helping drive the company’s progress and growth.

ADM (NYSEADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company’s common stock. The dividend is payable on June 5, 2024, to shareholders of record on May 16, 2024.

ADM (NYSEADM) announced today that its global regenerative agriculture program expanded to more than 2.8 million acres in 2023, exceeding its 2 million acre goal. In addition, the company announced that it is targeting 3.5 million regenerative acres in 2024 and is increasing its 2025 goal from 4 million to 5 million acres globally.

ADM (NYSEADM) today reported financial results for the quarter ended March 31, 2024.

ADM (NYSEADM) will release financial results for the first quarter of 2024 before the market opens on Tuesday, April 30, 2024. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.

ADM Animal Nutrition, a division of ADM (NYSEADM), is expanding the recall announced on March, 30, 2024, to include the following additional products due to elevated levels of magnesium, sodium, calcium and/or phosphorus: Pen Pals® Chicken Starter-Grower (Product Nos. 70009AAA46 and 70009AAA44); Pen Pals Egg Maker Complete (Product No. 70010AAAE4); MaxLean GF Concentrate (Product No. 12354AAA); ShowTec Sow Ration with Thermal Care (Product No. 12343AAA); ShowTec BB 18 BMD (Product No. 18241AGNE4); ShowTec BB 18 BMD/DBZ (Product No. 18241PLM); ShowTec Hi Fat 18 BMD (Product No. 18007AGNE4); ShowTec Lo Fat 15 BMD (Product No. 15350AGN); MoorMan's ShowTec Hi Fat 16 BMD (Product No. 16700AGN); MoorMan's ShowTec Burst Starter w/DF DEN (Product No. 24320CVW); MoorMan’s ShowTec Sale Burst w/DF CTC/DEN (Product No. 24320AYWE4); Pen Pals® Professional Show Rabbit Feed (Product No. 81657AAA); and Pen Pals Professional Rabbit 18 (Product No. 80033AAA).

ADM Animal Nutrition, a division of ADM (NYSEADM), is recalling the following products: Pen Pals® Chicken Starter-Grower 25-lb bag (Product No 70009ACF46); Pen Pals Chicken Starter-Grower 50-lb bag (Product No. 70009AAA44); Pen Pals Chicken Starter-Grower 25-lb case (Product No. 70009AAABE); MoorMan’s ShowTec Sale Burst w/DF DEN 50-lb. bag (Product No 21256CVWE4); MoorMan's Show-Tec Burst Starter with DFCTC/DEN 50-lb. bag (Product No: 24320AYWE4); ShowTec BB 18 BMD 50-lb. bag (Product No. 18241AGNE4); ShowTec 14.5/6 BMD 50-lb. bag (Product No. 14560AGN); AMPT-A CTC/IGR 50-lb. bag (Product No. 54229XNK); ShowTec Hi Fat 18 BMD 50-lb. bag (Product No. 18007AGN); Seniorglo 50-lb. bag (Product No. 10130AB) and MotivAte 12-15 DEN 50-lb. bag (Product No. 12286CVW).

ADM (NYSEADM) today announced that it has entered into an accelerated share repurchase (ASR) agreement with delayed share delivery with Merrill Lynch International, an affiliate of BofA Securities, Inc., to repurchase $1 billion of ADM’s common stock.

ADM (NYSEADM) today provided an update with respect to the internal investigation led by the Audit Committee of its Board of Directors regarding certain accounting practices and procedures with respect to ADM’s Nutrition reporting segment, including as related to certain intersegment sales. The investigation was initially disclosed in January 2024.

ADM (NYSEADM) today reported financial results for the quarter and full year ended December 31, 2023.

ADM (NYSEADM) will release financial results for the fourth quarter of 2023 before the market opens on Tuesday, March 12. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.

ADM (NYSEADM) (the “Company”) today announced that it has filed a Form 12b-25, Notification of Late Filing, with the U.S. Securities and Exchange Commission (“SEC”) related to the Company’s Annual Report on Form 10-K for the fiscal year 2023. The Company is working diligently to finalize its financial statements and currently intends to file its Annual Report on Form 10-K as soon as practicable by March 15, 2024, the end of the 15-day extension period.

ADM’s (NYSEADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company’s common stock, an approximately 11% increase from last quarter’s dividend of 45.0 cents per share. The dividend is payable on Feb. 29, 2024, to shareholders of record on Feb. 8, 2024.

ADM (NYSEADM) today announced the appointment of Ismael Roig as Interim Chief Financial Officer. Mr. Roig is a skilled executive deeply familiar with ADM’s business, having served in a variety of global operational and financial leadership roles since joining the Company in 2004. The appointment follows the decision of the ADM Board of Directors to place Vikram Luthar, Chief Financial Officer and Senior Vice President, on administrative leave, effective immediately.

ADM (NYSEADM), a global leader in sustainably sourced solutions from nature, announced today that it has loaded and shipped its first vessels of verified, fully traceable soybeans from the U.S. to Europe. With the completion of the initial phases of the program, and in anticipation of the new EU deforestation regulations becoming effective at the end of the year, ADM now intends to expand these capabilities to other key locations across North America in the 2024 growing season.

ADM (NYSEADM), a global leader in human and animal nutrition, today announced that it has reached an agreement to acquire UK-based FDL, a leading developer and producer of premium flavor and functional ingredient systems.

ADM (NYSEADM), a global leader in human and animal nutrition, today announced it is adding to its flavors capabilities with an agreement to acquire Revela Foods, a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions.

ADM (NYSEADM), a global leader in sustainably sourced solutions from nature, is making a series of investments to continue to expand its broad-based business in Brazil.

ADM (NYSEADM), a global leader in sustainable agriculture supply chains, today issued its inaugural annual Regenerative Agriculture Report. The report includes a broad range of detailed information on ADM’s global regenerative agriculture efforts, including:

ADM, a leader in sustainable agriculture supply chains, today announced an important expansion of its global regenerative agriculture efforts with the launch of its program in Brazil. The Brazil program aims to promote and support sustainable agricultural production with a focus on soil health, biodiversity protection, improved soil fertility and resilience, and increased farm productivity. In the initial stages of the program, ADM will focus on three practices:

ADM (NYSEADM) and Marathon Petroleum Corp. NYSE: MPCNYSEMPC)

ADM (NYSEADM), a global leader in human and animal nutrition, today announced Ian Pinner has been appointed Senior Vice President, President, Nutrition, and Chief Sales and Marketing Officer. Pinner succeeds Vince Macciocchi, who announced his plan to retire from ADM at the end of this year.

ADM (NYSEADM), a global leader in sustainable agriculture supply chains, today issued “Farming for the Future: The State of Regenerative Agriculture Program Adoption.”

ADM’s (NYSEADM) Board of Directors has declared a cash dividend of 45.0 cents per share on the company’s common stock. The dividend is payable on Dec. 6, 2023, to shareholders of record on Nov. 15, 2023.

Solugen, a rapidly scaling climate technology company that is reimagining the chemistry of everyday life, and ADM (NYSEADM), a global leader in sustainable solutions, today announced a strategic partnership to scale a range of innovative, plant-based specialty chemicals and bio-based building block molecules in a new manufacturing facility in Marshall, Minnesota.

ADM (NYSEADM) today reported financial results for the quarter ended September 30, 2023.

ADM (NYSEADM), a global leader in sustainably-sourced solutions from nature, announced yesterday at the E.O. Wilson Biodiversity Foundation’s Half-Earth Day celebration a $1 million contribution to champion research and education to better understand the world and nurture future biodiversity stewardship.

ADM (NYSEADM) will release financial results for the third quarter of 2023 before the market opens on Tuesday, Oct. 24, 2023. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.

ADM (NYSEADM) today announced the appointment of Regina Bynote Jones as the company’s new senior vice president, general counsel and secretary, effective September 5. In this role, Jones will be responsible for overseeing ADM's global legal and regulatory affairs, compliance initiatives, security operations and government relations efforts.

ADM (NYSEADM) will present at the J.P. Morgan 14th Annual U.S. All Stars Conference in London on Monday, Sept. 18. Chairman and CEO Juan Luciano will participate in a fireside chat at 2 p.m. BST. The event will be broadcast live at www.adm.com/webcast, and a replay will also be available for a limited time on www.adm.com/webcast.

ADM (NYSEADM) will present at Barclays Global Consumer Staples Conference 2023 in Boston on Wednesday, Sept. 6. Vikram Luthar, Senior Vice President and Chief Financial Officer, and Vince Macciocchi, Senior Vice President, President, Nutrition and Chief Sales and Marketing Officer, will participate in a fireside chat at 2:15 p.m. EST. The event will be broadcast live at www.adm.com/webcast, and a replay will also be available for a limited time on www.adm.com/webcast.

ADM’s (NYSEADM) Board of Directors has declared a cash dividend of 45.0 cents per share on the company’s common stock. The dividend is payable on Sept. 6, 2023, to shareholders of record on Aug. 16, 2023.

ADM (NYSEADM) today reported financial results for the quarter ended June 30, 2023.

ADM (NYSEADM), a global leader in sustainable agriculture supply chains, is launching a significant expansion of its re:generations™ regenerative agriculture program, ensuring more North American producers can earn additional income while making a positive impact on the environment and their soil’s health. After successfully enrolling more than 1 million acres in 2022, ADM is continuing to invest to expand re:generations™ to cover 2 million acres in 2023, on its way to a goal of 4 million acres globally by 2025.

ADM (NYSEADM) will release financial results for the second quarter of 2023 before the market opens on Tuesday, July 25, 2023. A slide presentation will also be available for download.

ADM (NYSEADM), a global leader in human and animal nutrition, released today its outlook on what's driving the advancement of the protein ecosystem. The report details four factors driving the expansion of protein choices to feed the world’s growing population while keeping the planet’s best interest in mind.

ADM (NYSEADM), a global leader in innovative solutions from nature, today announced the appointment of Dr. Nuria Miquel as senior vice president and chief science officer, effective August 1.

ADM (NYSEADM) will present at Bernstein’s 39th Annual Strategic Decisions Conference in New York City, on Wednesday, May 31. Chairman and CEO Juan Luciano will participate in a fireside chat at 3:30 p.m. EDT. The event will be broadcast live at www.adm.com/webcast, and a replay will also be available for a limited time on www.adm.com/webcast.

ADM (NYSEADM) today released its 2022 Corporate Sustainability Report, highlighting the company’s activities and progress toward key environmental, social and governance priorities across value chains encompassing food, feed, fuel, industrial and consumer products.

ADM (NYSEADM), a global leader in sustainably sourced nutrition, and Air Protein, a pioneer in air-based nutritional protein that requires no agriculture or farmland, decoupling protein production from traditional supply chain risks, announced today that they have entered into a Strategic Development Agreement to collaborate on research and development to further advance new and novel proteins for nutrition.

ADM (NYSEADM), a global leader in human and animal nutrition, today announced at its Annual Stockholders’ Meeting the election of its board of directors, including new director Dr. Ellen de Brabander.

ADM (NYSEADM) will participate in a fireside chat at the 2023 BMO Capital Markets Global Farm to Market Conference in New York City, on Wednesday, May 17. Chris Cuddy, senior vice president and president, Carbohydrate Solutions, and Vikram Luthar, senior vice president and chief financial officer, will present from ADM. The event will be broadcast live at 9:30 a.m. EDT at www.adm.com/webcast. A replay will also be available for a limited time on www.adm.com/webcast.

ADM (NYSEADM) today reported financial results for the quarter ended March 31, 2023.

ADM (NYSEADM), a global leader in sustainable nutrition, and Believer Meats, a leading pioneer of the cultivated meat industry, announced today that they have signed a non-exclusive memorandum of understanding (MOU) to collaborate on new ways to propel the development and commercialization of cultivated meat products.

ADM (NYSEADM) will release financial results for the first quarter of 2023 before the market opens on Tuesday, April 25, 2023. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.

ADM (NYSEADM), a global leader in human and animal nutrition, today announced that its Board of Directors has nominated Elanco executive vice president for Innovation and Regulatory Affairs, Dr. Ellen de Brabander, to stand for election to the Board at the company’s upcoming Annual Stockholders’ Meeting on May 4, 2023.

ADM (NYSEADM) has again been recognized as one of the 2023 World’s Most Ethical Companies by Ethisphere, a global leader in advancing the standards of ethical business practices. This marks the fourth consecutive year ADM has received this recognition, which honors companies who understand the importance of leading, prioritize ethical business performance, and have demonstrated an overall commitment to integrity.

ADM (NYSEADM), one of the world’s leaders in science-backed nutrition solutions, announced today that it has opened a new production facility in Valencia, Spain to help meet rising global demand for probiotics, postbiotics and other products that support health and well-being.

ADM (NYSEADM) will participate in the Bank of America 2023 Global Agriculture and Materials Conference in Fort Lauderdale, Florida, on Wednesday, March 1. A fireside chat featuring Greg Morris, president, Ag Services & Oilseeds, will be broadcast live at 9:30 a.m. EST at www.adm.com/webcast. A replay will also be available for a limited time on www.adm.com/webcast.

ADM (NYSEADM) was named one of the world’s most admired companies in the food production industry by FORTUNE Magazine for the 15th year in a row.

ADM (NYSEADM) today reported financial results for the quarter ended December 31, 2022.

ADM (NYSEADM) will release financial results for the fourth quarter of 2022 before the market opens on Thursday, Jan. 26, 2023. A slide presentation will also be available for download. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update.

ADM has been named as one of the best-managed companies in the U.S. according to the Wall Street Journal’s annual Management Top 250 ranking. ADM is ranked No. 49 on this year’s list, moving up significantly from the company’s No. 106 ranking in 2021.

ADM (NYSEADM) was named a Diversity Leader in this year’s Financial Times ranking of 850 European companies on diversity and inclusion. ADM placed 15th overall and 2nd in the food and beverages sector for the 2023 study.