"[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". Their 2009 annual earnings dropped 15% to $3.3 billion. 4 Billionaire Cargill Heir Sisters Fall Off Forbes 400 2019 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. The company was founded in 1865 when W.W. Cargill started a grain. 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 In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. 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. Dr. Omar Ishrak elected to Cargill Board of Directors - PR Newswire [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. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. Executive Summary. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. [1] Fourteen of the family members were still billionaires in 2019. Ishrak joined Medtronic as CEO in June. Rob Cargill Expand search. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". Leadership | About Us | John Deere US 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. 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. 2023 Forbes Media LLC. 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. [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. His strategies were sometimes "under the scrutiny of the government". 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. Cargill names new board member | 2021-01-21 | MEAT+POULTRY 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. Gregory Page | Board Member | Corteva Agriscience Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. He also currently serves on the board of directors of the Cleveland Clinic. When typing in this field, a list of search results will appear and be automatically updated as you type. Cargill - Contacts, Employees, Board Members, Advisors & Alumni Cargill, Pinnacle Foods Appoint New Board Members "Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. 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. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. "[17] Cargill had 160,000 employees.[17]. "[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". [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. 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. Cloudflare Ray ID: 7a301f44c8a92e9b Get the full list, Youre viewing 3 of 11 board members. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. 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. Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information 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. Performance & security by Cloudflare. 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. Human Rights More . MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. MINNEAPOLIS, Feb. 1, 2018 /PRNewswire/ -- 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. Click to reveal By continuing to browse the site you are agreeing to our use of cookies in accordance with our. In 2005, he was elected president of Chevron's international exploration and production company, and, in 2008, elected executive vice president for strategy and development. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. The most recent family members appointed to the board are fifth generation. After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. White is the most common ethnicity company-wide. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. Cargill testing new sail technology for cargo ships to cut emissions Side-by-side, we are building a stronger, sustainable future for agriculture. Today the company sells and markets food, trades commodities and provides financial risk management. The Company produces 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. Cargill, Incorporated provides agricultural products. Four new leaders join Cargill's executive team, aligned to company's [33], Marianne Cargill Liebmann's net worth was $3.1 billion in 2020. 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. He served on the board of directors for many years. Global Aginvesting This button displays the currently selected search type. [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". None of the information on this page has been provided or approved by Cargill. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. 176.74.19.164 MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. Cargill CEO And Leadership: Executives and Demographics - Zippia He now serves on the University of California, Davis Chancellor's Board of Advisors. This website is using a security service to protect itself from online attacks. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Mr. Mr. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". 3M - Governance - Board of Directors Board Members - Margaret A. Cargill Philanthropies [1] The magazine listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] By 2019, "23 members of the Cargill-MacMillan family own 88% of [Cargill Inc]. Prior to these roles, Mr. MacLennan held several other positions with Cargill, including Chief Financial Officer, President of Cargill Energy and Managing Director of the Value Investment Group. There are approximately 90 family members that together own 88% of the company. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. 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. 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 officer of United Technologies Corporation; Arthur D. Collins, Jr., retired chairman and chief executive officer of Medtronic, Inc.; Stephen Hemsley, executive chairman of UnitedHealth Group; Bernard Poussot, retired chairman, chief executive officer and president of Wyeth; and Trudy Rautio, retired president and chief executive officer of Carlson. 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. 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. [33] Their fortunes were all listed as "inherited". PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. 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. "Omar's deep international. General Production Manager jobs at Cargill. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. He served on the board of directors from 1963 to 1996. You can email the site owner to let them know you were blocked. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. When typing in this field, a list of search results will appear and be automatically updated as you type. [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". 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. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. Proven record of managing risk, leading effective global operations and commercial teams. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. Four new leaders join Cargill's executive team | Cargill [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. 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 . [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. 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. Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. For more information, visitCargill.comand ourNews Center. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". 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. Cargill has 6 board members and advisors, including Bernard Poussot. He attended Oregon State University and University of Minnesota. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Retired Chairman and Chief Executive Officer of Cargill. The Cargill-MacMillan family is the fourth-wealthiest family in America. An agreement among different branches of the family puts six family members on Cargill's 17-person board. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. Cargill Corp - Company Profile and News - Bloomberg Markets The most common ethnicity among Cargill executive officers is White. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. 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. Austen Cargill (died 1957) married Anne Ray. For more information, visit Cargill.com and our News Center. 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. 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. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. Investing in education. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. She was on the list of billionaires in 2010. "John brings a wealth of experience from his long career at Chevron. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . 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 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. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. 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. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. 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. Board Member . [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. [11][12], The family was also the majority owner of The Mosaic Company,[11] the largest producer of potash and phosphate fertilizer in the United States. Cargill - Wikipedia When expanded it provides a list of search options that will switch the search inputs to match the current selection. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. 9% of employees are Black or African American. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. "[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. Mr. Director of Ecolab since 2015. Dr. Omar Ishrak elected to Cargill Board of Directors [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. Musk Made a Mess at Twitter. [28] The article described how Cargill had changed in the 1990s as technology improved and global markets became more open, with Cargill expanding into commodity trading and investments "from Vietnam to Argentina. "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. [30] A new generation of the Cargill family was appointed to the board of directors, according to the Wall Street Journal. 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. [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. Corporate Governance Director-WAY07483 Cargill provides food, agriculture, financial and industrial products and services to the world. 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. Director of Ecolab since 2015. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. [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. 'Daisy Jones & The Six' is breaking records and topping charts. Cloudflare Ray ID: 7a301f3e0f147719 Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.