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ADM Announces Management Appointments

05/11/2015

CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) today announced three management appointments. Gregory Morris has been named senior vice president and president, Global Oilseeds. Vince Macciocchi has been named senior vice president and president, WILD Flavors and Specialty Ingredients. Mark Bemis, senior vice president and president, North America, has been named to the additional role of chief risk officer, and Chris Cuddy, president of ADM’s Corn Processing business unit, has been named a senior vice president of the company. The appointments are effective immediately.

Commenting on the appointments, ADM's President and Chief Executive Officer Juan Luciano said: "Our company is performing with strong momentum as we advance our clear and aggressive strategic plans. Today, we're tapping these three leaders to accelerate value creation in key areas.

“Greg has been with ADM for more than 20 years and has worked in three of our four business units. He was a leader on our Oilseeds team for over 17 years, serving as president of North American Oilseeds for more than two years, and building our foods and wellness business before we asked him to lead the launch of our WILD Flavors and Specialty Ingredients business unit. As a leader, he is both disciplined and visionary, with a passionate commitment to his team and an exceptional sense of accountability for results. As he rejoins Global Oilseeds and works with the team's strong regional leadership, I am looking forward to their delivering our ambitious scorecard of strategic actions.

“Vince Macciocchi is exceptionally well-qualified to take WFSI forward. He joined ADM with WILD Flavors following a 26-year career in the food ingredients business. During the launch of WFSI, he quickly impressed his ADM colleagues with the breadth of his industry knowledge and his strong customer focus. Vince served as WILD's North American chief operating officer before being named ADM's global president, WILD Flavors. With significant synergy wins already accomplished and a strong pipeline to advance, WFSI is going strong, and I am extremely pleased that this highly experienced ingredients leader will now accelerate their progress. With this appointment, Vince will join the company’s Executive Council and be part of senior level discussions on corporate performance and strategy.

“In asking Mark Bemis to take on the additional role of chief risk officer, we are tapping this exceptionally well-respected veteran of more than 30 years for his deep knowledge of risk and his breadth of experience across ADM's supply chains to manage our company's commodity risk.

“We are pleased to announce that Chris Cuddy has been made a senior vice president of the company. In just short two months as the leader of our Corn business, Chris has impressed us with his enthusiasm and drive. We are looking ahead with anticipation for great results as he continues to work with his team to grow and improve the business.

“The strength of the ADM team is one of our key competitive distinctions. We have an exceptional depth of talent, with capable, experienced and committed leaders throughout our company. I am extremely pleased that Greg, Vince, Mark and Chris, together with the ADM team, will be delivering the opportunities ahead.

“Matt Jansen, formerly senior vice president and president of Global Oilseeds, has elected to pursue an opportunity with another company. We wish him well.”

About Morris

Gregory Morris is senior vice president and president of Global Oilseeds. His scope of responsibility includes all commercial activity, operations and production for the company’s Oilseeds Processing business unit.

Previously, Morris led the launch of the company's WILD Flavors and Specialty Ingredients business unit, which includes ADM’s specialty ingredients businesses, as well as the company’s WILD Flavors business, and ADM’s portfolio of dried fruits, seeds, legumes and ancient grains.

Morris joined ADM in 1995 and has held several senior-level merchandising and management positions since then. Prior to leading the launch of WFSI, he served as ADM’s president, North American Oilseeds Processing. In that role, he oversaw more than two dozen crushing plants, Southern Cellulose Products, Inc., and the company’s Foods & Wellness group.

Morris is a member of Illinois State University’s Finance Advisory Board. He holds a bachelor’s degree in finance from Illinois State University, and an MBA from Drake University in Des Moines, Iowa

About Macciocchi

Vince Macciocchi is senior vice president and president of the WILD Flavors and Specialty Ingredients business unit. Macciocchi has more than a quarter century of experience in the ingredients industry. He came to WILD as its North American chief operating officer in 2012. Prior to that, he spent more than a decade at Givaudan flavors. He has also held positions at American-Maize Products Company, Roquette America and IngredientsNet.com.

Macciocchi holds a bachelor’s degree in economics from Eastern Illinois University in Charleston, Illinois, and an MBA from North Central College in Naperville, Illinois.

About Bemis

Mark A. Bemis is ADM’s senior vice president and president, North America, and the company's chief risk officer.

Previously, Bemis was president of ADM’s Corn Processing business unit. Before that, he served as president of ADM’s Cocoa, Milling and Financial Services businesses; earlier, he was vice president and general manager for ADM Cocoa North America. In addition, he has held various merchandising and management positions in the company’s Agricultural Services, Malt, Corn Processing, and Oilseeds Processing businesses since joining ADM in 1983. He became a vice president of the company in 2005, and a senior vice president in 2010. Bemis was chairman of ADM’s Sustainability Steering Committee from 2007 to 2010, a period in which the company made significant progress in its three principal sustainability focus areas: supply chain integrity, water-resource management, and energy and climate change.

He holds a bachelor’s degree in agricultural economics from the University of Illinois.

About Cuddy

Christopher M. Cuddy is senior vice president and president of ADM’s Corn Processing business unit.

Previously, Cuddy served as president, Sweeteners and Starches, in ADM’s Corn Processing business unit. In that role, he was responsible for all commercial activities of the company’s North American sweetener, starch, fiber and acidulant businesses.

Cuddy joined ADM in 1998 and held a variety of merchandising and management roles prior to leading the sweeteners and starches group, including president, Almidones Mexicanos, SA de CV (Almex), an ADM joint venture based in Guadalajara, Mexico. Before that, Cuddy was vice president, ADM Corn Processing, managing the commercial activities of ADM’s corn wet milling business, including sales, marketing and distribution of corn-based sweeteners and sugar. From 2000 to 2004, Cuddy served as North American sales manager, ADM BioProducts. He began his career with the company as a senior commodity trader with ADM Grain.

Cuddy holds a bachelor’s degree in business administration from Appalachian State University in Boone, North Carolina.

About ADM

For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with more than 33,000 employees serving customers in more than 140 countries. With a global value chain that includes more than 460 crop procurement locations, 300 ingredient manufacturing facilities, 40 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, chemical and energy uses. Learn more at www.adm.com.

Archer Daniels Midland Company
Media Relations
Jackie Anderson, 312-634-8484
media@adm.com