Archer Daniels Midland Company (NYSE: ADM) today announced that
Christopher Cuddy has been named managing director of Almidones
Mexicanos, SA de CV (ALMEX), effective January 1, 2009. Cuddy will
succeed John Nichols as president of ALMEX when Nichols retires
effective August 31, 2009.
Almidones Mexicanos, SA de CV (ALMEX) is a joint venture of Controladora
ADM, S.A. DE C.V., an indirect wholly owned subsidiary of ADM, and Tate
& Lyle Ingredients. Located in Guadalajara, Mexico, ALMEX processes corn
for sweeteners and starches.
“Chris’ experience in corn processing and his passion for our business
make him an excellent fit for this position,” said Dennis Riddle
president, ADM Corn Processing. “We look forward to working with Chris
in his new role.”
Cuddy joined ADM in 1998 and was appointed vice president, Corn
Processing, in 2004. He previously served as North American sales
manager, Bioproducts, responsible for the sale and marketing of lysine
and threonine; and world product manager for Ecotone® phaffia
astaxanthin, a natural source of the pigment astaxanthin used as a
coloring agent in fish feed. From 1998 to 2000, Cuddy was senior
commodity trader for ADM.
Cuddy holds a Bachelor of Science degree in business administration from
Appalachian State University.
Every day, the 27,000 people of Archer Daniels Midland Company (NYSE:
ADM) turn crops into renewable products that meet the demands of a
growing world. At more than 230 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, 2008, were $70 billion. For
more information about our Company and our products, visit www.adm.com.
ADM Media Relations