Michael D'Ambrose to Join ADM as Senior Vice President-Human Resources
Michael D’Ambrose will join ADM as Senior Vice President-Human Resources. Mr. D’Ambrose will serve on the Strategic Planning Committee and report to ADM’s CEO and President Patricia A. Woertz. He will assume his position at ADM on October 30, 2006. Mr. D’Ambrose brings to ADM significant leadership skills gained over 27 years of executive level human resource experience. He has served as the chief human resource leader for several global corporations including Citicorp/Citigroup and has a track record of accomplishments across the spectrum of HR functions. Mr. D’Ambrose is also distinguished by having led a public company as its Chief Operating Officer, enhancing the business focus he brings to HR thinking.
Mr. D’Ambrose is a graduate of Cornell University with a B.S. degree in Industrial and Labor Relations.
“We are very pleased that Michael is joining ADM,” stated ADM CEO and President Patricia Woertz. “It is my deep belief that ADM’s continued success depends on the expertise and innovation of our people. As we work on longer term strategy, we will continue to rely on the depth and scope of their experience in global agricultural processing and products. Our ability to identify, attract, develop, retain and motivate world class talent is essential to our growth. It is with that in mind that we look forward to Michael joining our team.”
Archer Daniels Midland Company (ADM) is a world leader in agricultural processing and fermentation technology. ADM is one of the world’s largest processors of soybeans, corn, wheat and cocoa. ADM is also a leader in the production of soybean oil and meal, ethanol, corn sweeteners and flour. In addition, ADM produces value-added food and feed ingredients. Headquartered in Decatur, Illinois, ADM has over 26,000 employees, more than 240 processing plants and net sales for the fiscal year ended June 30, 2006 of $36.6 billion. Additional information can be found on ADM’s Web site at http://www.adm.com.