DECATUR, Ill.--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) today announced at its 89th
Annual Stockholders’ Meeting the election of its board of directors,
including new director, Daniel Shih.
Shih is deputy chairman and executive director of Stella International
Holdings Limited. Before he took his current role in May 2008, he held
executive positions with PepsiCo (China) Ltd. and Motorola (China)
“Daniel has particular expertise in business strategy and joint
ventures,” said ADM Chairman and CEO Patricia Woertz. “In addition, his
extensive experience in Asia will help ADM continue to advance our
strategy in that important region.”
The Board’s 11 incumbent directors were also re-elected. The directors
re-elected are: Alan L. Boeckmann, George W. Buckley, Mollie Hale
Carter, Terrell K. Crews, Pierre Dufour, Donald E. Felsinger, Antonio
Maciel Neto, Patrick J. Moore, Thomas F. O’Neill, Kelvin R. Westbrook
and Patricia A. Woertz.
Cash Dividend Declared
In addition, ADM’s Board of Directors declared a cash dividend of 17.5
cents per share on the company’s common stock payable Dec. 6, 2012, to
Stockholders of record Nov. 15, 2012.
This is ADM’s 324th consecutive quarterly payment, a record
of 81 years of uninterrupted dividends. As of Sept. 30, 2012, there were
658,568,711 shares of ADM common stock outstanding.
For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve vital needs.
Today, 30,000 ADM employees around the globe convert oilseeds, corn,
wheat and cocoa into products for food, animal feed, industrial and
energy uses. With more than 270 processing plants, 420 crop procurement
facilities, and the world’s premier crop transportation network, ADM
helps connect the harvest to the home in more than 160 countries. For
more information about ADM and its products, visit www.adm.com.
Archer Daniels Midland Company
Jackie Anderson, 217-424-5413