ADM: Announces Management Appointments

Decatur / IL. (adm) Archer Daniels Midland Company (ADM) announced two management appointments in a new corporate strategy function. Ian Pinner has been named vice president, Corporate Strategic + Financial Planning, a new position created to help develop and drive ADM´s corporate strategic growth plan and its business performance plans. Pinner will also lead ADM´s annual business planning process. Previously, Pinner was president of ADM´s Grain group. His appointment is effective April 01, 2014. He will report to ADM´s Chief Financial Officer Ray Young. In addition, Christina McGlone-Hahn has been named director, Corporate Strategy + Competitive Analysis. She will join ADM on March 17, 2014. McGlone-Hahn was most recently the head of Agricultural Commodities Research at Deutsche Bank. She will report to Pinner. «Ian has deep insight into our business and the agriculture industry as a whole, and his leadership in this new role will assist ADM as we strive to achieve our objective of economic value added growth» Young said. «Christina brings a profound understanding of shareholder value creation to ADM», he added. «Her insights into our strategies and sector will help ensure strong linkage to value creation». In a second news release ADM announced the appointment of Chris Boerm to president, Grain. In that role, he will oversee ADM´s U.S. and export grain businesses, grain merchandising operations and destination marketing businesses. The appointment is effective April 01, 2014. «With more than two decades and a range of experience at ADM, Chris has the knowledge and proven leadership to manage and grow our grains business», said Joe Taets, ADM senior vice president and president, Agricultural Services.

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