ADM Again Named World’s Most Admired Food Production Company
Fortune Magazine Ranks ADM Most Admired in the Industry for Third Year in a Row
Archer Daniels Midland Company (NYSE: ADM) was ranked the world’s most admired company in the food production industry for the third consecutive year by Fortune magazine. Considered the definitive report card on corporate reputation, Fortune magazine’s annual list of the “World’s Most Admired Companies” ranks companies in a number of major industries.
“We are extremely proud to again be acknowledged by our peers for our leadership in the food production industry,” said Chairman, CEO and President Patricia A. Woertz. “To be recognized for excellence in the work we do to serve vital needs for food and energy speaks to the passion and commitment of our 29,000 employees.”
Fortune ranked ADM at the top spot in the food production industry in six of the nine categories by which companies were evaluated: people management, social responsibility, quality of management, financial soundness, quality of products and global competitiveness.
A total of 673 companies from 32 countries were evaluated by more than 4,100 executives, directors and security analysts. Survey respondents were asked to rate companies in their industry on nine criteria, including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, quality of products and global competitiveness.
Every day, the 29,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 240 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2010, were $62 billion. For more information about our company and our products, visit www.adm.com.