cargill board members cargill board members

[33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. 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. And, yes, we've come a long way, baby! [30] A new generation of the Cargill family was appointed to the board of directors, according to the Wall Street Journal. None of the information on this page has been provided or approved by Cargill. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. www.cargill.com Formerly Known As W.W. Cargill and Brother Ownership Status Privately Held (backing) Financing Status Private Debt Financed Primary Industry Other Financial Services Other Industries Other Agriculture Primary Office Post Office Box Number 9300 Minneapolis, MN 55440-9300 United States +1 (800) 000-0000 When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. Cision Distribution 888-776-0942 With fourteen billionaires in the family in 2019,[1][8] the Cargill family has more individual billionaires among its members than any other family anywhere in the world,[9] making them the family with the most wealthy members in history. [32] Edna and John H. MacMillan Sr had two sons and a daughterJohn H. MacMillan Jr, Cargill MacMillan Sr (19001968), and Emma Cargill married Fred M. Hanchette. 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. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. Cargill serves customers worldwide. [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. Cargill provides food, agriculture, financial and industrial products and services to the world. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. His strategies were sometimes "under the scrutiny of the government". 9% of employees are Black or African American. 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. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. Will His AI Plans Be Any Different? The Cargill-MacMillan family is the fourth-wealthiest family in America. [5][6], By 2019, Cargill Inc had been listed as America's largest private company since 1986, in all but two years that Forbes has maintained the list. Cision Distribution 888-776-0942 David Westin speaks with top names in finance about the week's biggest issues on Wall Street. [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. Brian Sikes President and Chief Executive Officer Julian Chase Business Operations and Supply Chain Pilar Cruz Chief Sustainability Officer Ross Hamou-Jennings Chair of Asia Pacific Jennifer Hartsock Chief Information and Digital Officer 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. 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. "[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. Today the company sells and markets food, trades commodities and provides financial risk management. 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. Mar 1, 2023. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". Watson retired from Chevron and its board after a distinguished 37-year career at the company. [1] Descendants of Cargill and MacMillan have owned common equity in the "agribusiness giant" Cargill Inc, one of the largest privately owned corporations in the United States,[2][3] for over 140 years. In 1998, he was named a corporate vice president with responsibility for strategic planning and mergers and acquisitions. The company was founded in 1865 when W.W. Cargill started a grain. [33], Marianne Cargill Liebmann's net worth was $3.1 billion in 2020. Joining Chevron in 1980 as a financial analyst, he went on to hold financial, analytical and supervisory positions before being appointed president of Chevron Canada Limited in 1996. Performance & security by Cloudflare. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. 'Daisy Jones & The Six' is breaking records and topping charts. This is a profile preview from the PitchBook Platform. 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. "[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". All Rights Reserved. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. [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". Dismiss. Cargill is 37% female and 63% male company-wide. Cargill may also be known as or be related to Cargill, Cargill Financial Services International, Inc., Cargill Inc, Cargill Incorporated and Cargill International SA. Click to reveal "[46], Margaret Anne Cargill, a fourth generation member of the Cargill family, who died in 2006, had bequeathed her shares of the "Minnesota-based food, agriculture and fertilizer conglomerate" Cargill Inc worth about $6 billion to two non-profitsthe Anne Ray Charitable Trust and the Margaret A. Cargill Foundation. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". from 8 AM - 9 PM ET. Ishrak grew up in Bangladesh. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. When expanded it provides a list of search options that will switch the search inputs to match the current selection. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? 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. Bernard Poussot Board Member 2010 David MacLennan Board Member 2022 Gregory Page Board Member Ginni Rometty Board Member 2022 Richard Anderson Board Member Louis R. Chenevert Board Member Choose the right Crunchbase solution for you Start Your Free Trial Crunchbase News [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. 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. [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. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors . 2023 Forbes Media LLC. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. [11] Cargill Inc revenues remained at $117 billion. Over the years, he held a number of positions in the United States and Singapore. Watson joins six other independent directors on Cargill's board: Richard H. Anderson, president and chief executive officer of Amtrak; Louis R. Chnevert, retired chairman and chief executive. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. 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. The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. "[17] Cargill had 160,000 employees.[17]. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Cloudflare Ray ID: 7a301f3e0f147719 176.74.19.164 Heres How To Trade The Stock Now, A Century Of Women, Work - And Juggling Family, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. Your IP: [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARE, Cargill renew partnership to support women in agriculture during worsening global hunger crisis. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. John's knowledge and insights will be invaluable for Cargill and our board.". While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. Mr. Get the full list, Youre viewing 5 of 30 subsidiaries. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. (19001968). 11% of the management team is Black or African American. He served on the board of directors from 1963 to 1996. 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). Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". We have 155,000 employees in 70 countries who are committed to . Musk Made a Mess at Twitter. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. "John brings a wealth of experience from his long career at Chevron. Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. "[27] He was the last Cargill "family member to serve as chief executive officer". The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. The Cargill-MacMillan family is the fourth-wealthiest family in America. Zippia gives an in-depth look into the details of Cargill, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cargill. Performance & security by Cloudflare. "[28], In a 2007 Forbes article on "The Richest People You've Never Heard of", Cargill Inc was 90 percent owned by the Cargill-MacMillan family and was still the "largest private company in America". When typing in this field, a list of search results will appear and be automatically updated as you type. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. The country's leadership set this year's economic growth target at around 5%, a target more modest than some had previously projected as policymakers take into account a wide range of difficulties besetting the worlds second-largest economy. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. Ishrak joined Medtronic as CEO in June. Mr. 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. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. 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. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. "[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. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. [8] The Cargill family had at least 14 billionaires. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. Jobs People Learning Dismiss Dismiss. According to Forbes, 8 of the family members are billionaires. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? [11] are part of the fourth generation. [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". In January 2020, Ishrak was named independent chairman of the board of the board of Intel. This combination of proven people, operational and market leadership make him a valuable addition to our board., We use cookies to provide you with a better experience. 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. 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. [33] The net worth of her daughter, Gwendolyn Sontheim Meyer (born 1961/62), the great-great-granddaughter of William W. Cargill, was $4.4 billion in 2020, placing her #680 on the richest people in the United States in 2020. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. For the aristocratic family, see, Five generations of the Cargill-MacMillan family, "The 28 richest billionaire families in America, ranked", "The Richest People You've Never Heard Of", "David MacLennan on how agri-major Cargill turned a global crisis into an opportunity", "America's Largest Private Companies 2019", "14 Cargill heirs on Forbes' list of billionaires, more than any family in world", "James R. Cargill II - The Forbes 400 Richest Americans 2009", "Bloomberg, Mosaic Says Fertilizer Prices to Remain 'Challenging' Into 2014, 5 November 2013", "This Year's Most Generous Billionaire Philanthropist Has Been Dead Since 2006", "Obituary: Cargill MacMillan, 84, company heir", "Secretive Billionaire Cargill MacMillan Jr. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. Cargill provides food, agriculture, financial and industrial products and services to the world. Click to reveal The employee data is based on information from people who have self-reported their past or current employments at Cargill. Side-by-side, we are building a stronger, sustainable future for agriculture. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. Cargill Board Members Name & TitleBio David MacLennan CEO 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. This website is using a security service to protect itself from online attacks. [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. This documentary-style series follows investigative journalists as they uncover the truth. The Cargill executive team is 26% female and 74% male. The company's products include grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. 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. 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". Get the full list, Morningstar Institutional Equity Research, Stabilized steviol glycoside malonic acid esters, President & Regional Director, Asia Pacific (Agriculture), President & Business Unit Leader - Cargill Industrial Specialties, Chairman of Asia Pacific and Head of Corporate Strategy. [1] Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. He remained as Cargill CEO for 3540 years. Virginia (Ginni) M.. Austen Cargill (died 1957) married Anne Ray. Your IP: Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. The Cargill company and familywho had at least 14 billionaireswere "famously quiet", living "extremely private lives, many of them on ranches and farms in Montana," according to Forbes. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. Their 2009 annual earnings dropped 15% to $3.3 billion. There are approximately 90 family members that together own 88% of the company. Retired Chairman and Chief Executive Officer of Cargill. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. General Production Manager jobs at Cargill. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. The three others are third generationAusten S. Cargill II (58) in Livingston, Montana, James R. Cargill II (60) Birchwood, and Marianne Cargill Liebmann (56) in Bozeman. She was on the list of billionaires in 2010. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. "Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. For more information, visitCargill.comand ourNews Center. [10], In 2016, there were major changes in Cargill Inc. under non-family Cargill CEO David MacLennan, which included streamlining the company, making major cuts and divestments, restructuring, and acquisitions. Get the full list, Youre viewing 5 of 21 exits. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. 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. Cargill has 6 board members and advisors, including Bernard Poussot. He has also held various management positions with US Bancorp Piper Jaffray and Goldberg Securities.Qualifications - With more than 25 years of leadership experience at Cargill, Mr. MacLennan has developed significant leadership and strategic planning skills, as well as extensive knowledge and insight in corporate governance, risk management, financial management and global business practices. 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 If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. Dismiss. 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. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. All rights reserved. He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. [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. [33] Their fortunes were all listed as "inherited". [14], In 2012, the unknown heiress Margaret Anne Cargill, posthumously earned the #1 spot in the Chronicle of Philanthropy's annual list of America's 50 most generous donors.