ADM Elects Directors at Annual Meeting, Declares Cash Dividend
CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today announced at its 94th Annual Stockholders’ Meeting the election of its board of directors, including new director Suzan F. Harrison.
Harrison, a 33-year veteran of Colgate-Palmolive, currently is president of Global Oral Care and has served in several senior level positions at Colgate-Palmolive, including as president of Hill’s Pet Nutrition Inc. North America.
Ten incumbent directors were also re-elected, including: Alan L. Boeckmann, Terrell K. Crews, Pierre Dufour, Donald E. Felsinger, Juan R. Luciano, Patrick J. Moore, Francisco J. Sanchez, Debra A. Sandler, Daniel T. Shih and Kelvin R. Westbrook.
Cash Dividend Declared
In addition, ADM’s Board of Directors declared a cash dividend of 32 cents per share on the company’s common stock payable June 8, 2017, to shareholders of record on May 18, 2017. This is ADM’s 342nd consecutive quarterly payment, a record of 85 years of uninterrupted dividends. As of March 31, 2017, there were 568,805,098 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 the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 32,000 employees serving customers in more than 160 countries. With a global value chain that includes approximately 500 crop procurement locations, 250 ingredient manufacturing facilities, 38 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company