ADM Elects Directors at Annual Meeting, Declares Cash Dividend
CHICAGO--(BUSINESS WIRE)-- Archer Daniels Midland Company (NYSE: ADM) today announced at its 95th Annual Stockholders’ Meeting the election of its board of directors, including new director Michael S. Burke.
Burke is chairman and CEO of AECOM, which designs, builds, finances and operates infrastructure assets in more than 150 countries. Prior to his current position, Burke served as AECOM’s senior vice president of corporate strategy; chief corporate officer; chief financial officer; and president. Before joining AECOM in 2005, he served in a variety of leadership positions at KPMG LLP.
Eleven incumbent directors were also re-elected, including: Alan L. Boeckmann, Terrell K. Crews, Pierre Dufour, Donald E. Felsinger, Suzan F. Harrison, 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 33.5 cents per share on the company’s common stock payable June 7, 2018, to shareholders of record on May 17, 2018. This is ADM’s 346th consecutive quarterly payment, a record of 86 years of uninterrupted dividends. As of March 31, 2018, there were 558,915,857 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 31,000 employees serving customers in more than 170 countries. With a global value chain that includes approximately 500 crop procurement locations, 270 ingredient manufacturing facilities, 44 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