ADM Announces Management Appointments

DECATUR, Ill.--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) today announced several management appointments.

Mark Kolkhorst has been named president, ADM Milling. Kolkhorst will also be responsible for ADM Alliance Nutrition®, replacing Terry Myers, who is retiring as president of ADM Alliance Nutrition after 42 years of service.

Kris Lutt has been named president, Golden Peanut Company. Over the next months, Lutt will work closely with Jimmy Dorsett, CEO, Golden Peanut, who will be retiring next year after 35 years with the company.

Scott Walker has been named president, ADM Cocoa.

The appointments are effective immediately.

Biographical Information

Mark Kolkhorst, vice president and president, ADM Milling and ADM Alliance Nutrition, joined ADM in 1986. He most recently served as vice president and president, Milling and Cocoa. Prior to that, he was president of ADM Milling, where he was responsible for all aspects of the company’s flour milling businesses in the United States, Canada, the Caribbean and the United Kingdom. Previously, he was president of Specialty Feed Ingredients and served in various management positions in grain merchandising. Kolkhorst received a bachelor’s degree in agribusiness from Illinois State University.

Kris Lutt, president, Golden Peanut Company, joined ADM in 2002, with the acquisition of Minnesota Corn Processors. Prior to his current appointment, he served as president, Milling. Before that, he was advisor to the Office of the Chairman. Within ADM’s Corn business unit, he served as general manager, Specialty Feed Ingredients; and vice president, Corn Processing. Lutt received a bachelor’s degree in biochemistry from the University of Nebraska and a master’s degree in business administration from Illinois State University.

Scott Walker, president, ADM Cocoa, previously served as vice president and managing director, ADM Cocoa International, where he oversaw ADM’s cocoa business in Europe, Asia and Africa. Walker joined ADM in 1993 and served as a merchandiser at numerous locations in the Oilseed Processing business before becoming a commodity merchandiser for ADM Cocoa in 1998. In 2002, he was named commercial director, ADM Cocoa South America, and in 2004, became commercial director, ADM Cocoa International. He received a bachelor’s degree in agricultural business economics from Southern Illinois University.

About Golden Peanut Company

Headquartered in Alpharetta, Ga., Golden Peanut Company is the largest U.S. handler, processor and exporter of peanuts, peanut oil and peanut-derived ingredients. Golden Peanut Company is also the leading peanut sheller and leading peanut oil refiner in the United States. The company’s operations include seven handling facilities located in peanut-producing regions of the United States and one facility in Argentina. Learn more at www.goldenpeanut.com.

About ADM Alliance Nutrition

ADM Alliance Nutrition, Inc. is a wholly owned subsidiary of Archer Daniels Midland Company and a leading producer of livestock feeds and supplements. ADM Alliance Nutrition offers consistent, high-quality feed products, supplements, premixes, custom ingredient blends and specialty feed ingredients to help livestock producers achieve the greatest possible return from their grain and forage. For more information about ADM Alliance Nutrition visit www.admani.com.

About ADM Cocoa

Formed in 1997, ADM Cocoa has integrated and implemented the technologies and expertise from 12 cocoa and chocolate operations in nine countries. As a premier supplier of cocoa and chocolate ingredients worldwide, ADM helps customers in the confectionery, bakery, dairy and other food industries create products that satisfy a host of flavor, texture and color requirements. Working closely with customers on six continents, ADM Cocoa strives to answer market demands and meet business challenges with innovative product and formulation solutions. Learn more at www.adm.com/cocoa.

About ADM

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 265 processing plants, 400 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
Media Relations:
Jessie McKinney, 217-424-5413
media@adm.com