Directors Elected at ADM Annual Meeting, Cash Dividend Declared
DECATUR, Ill.--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) announced today at its 86th Annual Stockholders’ Meeting that nine incumbent directors were re-elected to its Board. The directors re-elected are: George W. Buckley, Mollie Hale Carter, Donald E. Felsinger, Victoria F. Haynes, Antonio Maciel Neto, Patrick J. Moore, Thomas F. O’Neill, Kelvin R. Westbrook and Patricia A. Woertz.
M. Brian Mulroney did not stand for re-election pursuant to the Company’s corporate governance guidelines.
Cash Dividend Declared
The Board of Directors of ADM also declared a cash dividend of 14 cents per share on the Company’s stock payable December 10, 2009, to Stockholders of record November 19, 2009.
This is ADM’s 312th consecutive quarterly payment, a record of 78 years of uninterrupted dividends. As of September 30, 2009, there were 642,276,604 shares of ADM stock outstanding.
Every day, the 28,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 230 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2009, were $69 billion. For more information about our Company and our products, visit www.adm.com.
Archer Daniels Midland Company
David Weintraub, 217-424-5413
Director, External Communications