According to Forbes, 8 of the family members are billionaires. Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Brent Reitz | Board Member Brent Reitz was named President of Adventist HealthCare's Post-Acute Care Services division, a combination of Rehabilitation, Home Care and Care Navigation service lines, in December of 2019. [34], Cargill heiress Marion MacMillan Pictet (19322009) ranked #176 on Forbes list in 2010 with a net worth of $4.5 billion,[43][44][45] an increase over $4.3 in 2009. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. MINNEAPOLIS, Feb. 1, 2018 /PRNewswire/ -- John S. Watson, retired chairman of the board and chief executive officer of Chevron Corporation, has been elected to the Cargill Board of Directors, effective today. Mar 1, 2023. He remained as Cargill CEO for 3540 years. 2023 Forbes Media LLC. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. The four children of their second oldest son, Cargill MacMillan Sr (19001968) and his wife Pauline Whitney (19001990) are also second generationCargill MacMillan Jr (19272011), Whitney MacMillan (1929-2020), Alice Whitney MacMillan (19321932), and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota). The Cargill executive team is 26% female and 74% male. [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". Mr. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. Cision Distribution 888-776-0942 from 8 AM - 9 PM ET. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. Corporate Governance Director-WAY07483 Cargill provides food, agriculture, financial and industrial products and services to the world. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. None of the information on this page has been provided or approved by Cargill. "Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. The four women are sisters, the daughters of W. Duncan MacMillan, who was a Cargill board member for three decades and who died in 2006 as the 216th-richest man in America, Forbes previously reported. The company's products include grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. Will Others Follow? Cargill, Inc. Jan 21, 2021, 10:00 ET. In announcing the winner Forbes said that "Not only is she almost entirely unknown, but the heiress to the Cargill agribusiness fortune passed away in 2006. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Here are further demographic highlights of the leadership team: Chairman and Chief Executive Officer of Cargill, Incorporated, a privately held company and world-leading producer and marketer of food, agricultural, financial, and industrial products and services. And, yes, we've come a long way, baby! This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. He also currently serves on the board of directors of the Cleveland Clinic. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. "[1] Forbes listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] Each year, the Cargill-MacMillan family takes about eighteen percent of the "net profits as dividends". Aerospace & Defense category Boeing nominates first Europe-based board member, . [5][6], By 2019, Cargill Inc had been listed as America's largest private company since 1986, in all but two years that Forbes has maintained the list. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARE, Cargill renew partnership to support women in agriculture during worsening global hunger crisis. [16]:xiii The success of the company under his tenure from 1936 to 1960 was due in large part to the team he formed with a second-generation family member, MacMillan Jr's uncle, Austin Cargill, who had joined the company in 1913,[16]:245 and Cargill MacMillan Sr. [28][29] His career at Cargill spanned almost four decades. William Cargill founded the Cargill company as an Iowa grain storage business in 1865, during the postCivil War period, and was its CEO for almost 40 years. ntended to serve farmers, producers, manufacturers, retailers, governments and others. In an article entitled, "The Richest People You've Never Heard Of", Forbes estimated that the fortunes of the MacMillans were worth $1.2 billion each, and that of James and Margaret Cargill were estimated at $1.8 billion each. We have 155,000 employees in 70 countries who are committed to . The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. When typing in this field, a list of search results will appear and be automatically updated as you type. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. Cargill serves customers worldwide. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. 154.26.131.122 By continuing to browse the site you are agreeing to our use of cookies in accordance with our. By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. www.cargill.com Formerly Known As W.W. Cargill and Brother Ownership Status Privately Held (backing) Financing Status Private Debt Financed Primary Industry Other Financial Services Other Industries Other Agriculture Primary Office Post Office Box Number 9300 Minneapolis, MN 55440-9300 United States +1 (800) 000-0000 Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. Cloudflare Ray ID: 7a301f3e0f147719 Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. The employee data is based on information from people who have self-reported their past or current employments at Cargill. The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. [1] Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. The action you just performed triggered the security solution. Passes Away", "The Secretive Cargill Billionaires And Their Family Tree", "The Last Cargill Family Member To Run The Giant Agribusiness Company Has Died", "Biography paints intimate portrait of the clan that built Cargill", "Cargill's retired CEO, wife now cultivate philanthropy", "Cargill MacMillan Jr., Agribusiness Heir, Dies at 84", "Cargill moving out of longtime HQ, reshaping business", "Billion-Dollar Clans: America's 25 Richest Families 2016", "#176 Marion MacMillan Pictet - Forbes.com", https://en.wikipedia.org/w/index.php?title=Cargill_family&oldid=1137404620, This page was last edited on 4 February 2023, at 13:15. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. We combine 155years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. He served on the board of directors from 1963 to 1996. The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. 'Daisy Jones & The Six' is breaking records and topping charts. In 1998, he was named a corporate vice president with responsibility for strategic planning and mergers and acquisitions. 2023 PitchBook. In 2005, he was elected president of Chevron's international exploration and production company, and, in 2008, elected executive vice president for strategy and development. Watson joins six other independent directors on Cargill's board: Richard H. Anderson, president and chief executive officer of Amtrak; Louis R. Chnevert, retired chairman and chief executive officer of United Technologies Corporation; Arthur D. Collins, Jr., retired chairman and chief executive officer of Medtronic, Inc.; Stephen Hemsley, executive chairman of UnitedHealth Group; Bernard Poussot, retired chairman, chief executive officer and president of Wyeth; and Trudy Rautio, retired president and chief executive officer of Carlson. 9% of employees are Black or African American. MINNEAPOLIS - Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. For more information, visitCargill.comand ourNews Center. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. This combination of proven people, operational and market leadership make him a valuable addition to our board," said David MacLennan, Cargill's chairman and CEO. Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. James died in 2006 and his widow died in 2010, had lived in her hometown, Minneapolis, Minnesota. [1] Descendants of Cargill and MacMillan have owned common equity in the "agribusiness giant" Cargill Inc, one of the largest privately owned corporations in the United States,[2][3] for over 140 years. Cargill is 37% female and 63% male company-wide. He served on the board of directors for many years. This website is using a security service to protect itself from online attacks. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. Amazons Daisy Jones & The Six Tops Music And TV Charts, China Aims For Its Gross Domestic Product To Expand Around 5% In 2023, Todays Wordle #624 Hint, Clues And Answer For Sunday, March 5th, UFC 285 Results: Cody Garbrandt Defeats Trevin Jones In Return To The Octagon, The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Desperate Russian Forces Are Sticking 80-Year-Old Naval Guns On 70-Year-Old Armored Tractors, Saturday, March 4. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. "[28], In a 2007 Forbes article on "The Richest People You've Never Heard of", Cargill Inc was 90 percent owned by the Cargill-MacMillan family and was still the "largest private company in America". [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. He also is a member of the board of directors of the Cleveland Clinic as well as a member of the board of trustees of Minnesota Public Radio and the Asia Society. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. [11] are part of the fourth generation. Director of Ecolab since 2015. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. Cloudflare Ray ID: 7a301f44c8a92e9b [40] MacLennan, who had made major changes to Cargill Inc, also moved the company's headquarters from the 85-year-old lakeside offices in a mansion by a lake in Wayzata, Minneapolis to more "mundane" office space nearby. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. Global Solution Architect & Solution Owner - Supply Chain Planning, Group CIO/BRM - Global Edible Oil Solutions, Total number of employee profiles an organization has on Crunchbase, Total number of board member and advisor profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Number of Board Member and Advisor Profiles, VP of IT, CIO Cargill Protein, Salt and Animal Nutrition & Health, Chief Technology Officer & Vice President, Corporate Vice President & Chief Human Resources Officer, Vice President - Transportation and Logistics, Edit Board Member and Advisor Profiles Section. General Production Manager jobs at Cargill. [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. "Omar's deep international. You can email the site owner to let them know you were blocked. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. Fourteen Cargill family members are said to be billionaires - "one of the largest concentrations of wealth in any family- controlled business anywhere in the world," according to Bloomberg. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. Page served as Executive Director of Cargill from 2015 to 2016, Executive Chairman from 2013 to 2015, Chief Executive Officer from 2007 to 2013, and President from 2000 to 2007. Neither of the new board members, who were both in their mid-thirties, have ever worked for the company, but "they have taken corporate governance courses". The country's leadership set this year's economic growth target at around 5%, a target more modest than some had previously projected as policymakers take into account a wide range of difficulties besetting the worlds second-largest economy. Hints and clues to help you with today's Wordle. The three others are third generationAusten S. Cargill II (58) in Livingston, Montana, James R. Cargill II (60) Birchwood, and Marianne Cargill Liebmann (56) in Bozeman. [19]:249, Cargill MacMillan Jr. (19272011), Cargill MacMillan Sr.'s (19001968) oldest son and the great-grandson of W. W. Cargill, worked at Cargill for 38 years and retired in 1988. [1] Fourteen of the family members were still billionaires in 2019. Stone joins 15 other members on Cargill's board, including independent directors Richard H. Anderson, retired chairman of Delta Air Lines, Inc.; Louis R. Chnevert, retired chairman and chief. Director of Ecolab since 2015. [42], Four members of the Cargill family ranked 220 on "The 400 Richest Americans 2009" list, each with a net worth of $1.6 billion. The Company produces grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. [11][12], The family was also the majority owner of The Mosaic Company,[11] the largest producer of potash and phosphate fertilizer in the United States. Cargill, Incorporated provides agricultural products. Cargill may also be known as or be related to Cargill, Cargill Financial Services International, Inc., Cargill Inc, Cargill Incorporated and Cargill International SA. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. How has the Suns' new starting group performed? 13% of Cargill's management is Hispanic or Latino. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Retired Chairman and Chief Executive Officer of Cargill. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. Mr. About CargillCargill's 155,000 employees across 70 countries work relentlessly to achieve our purpose of nourishing the world in a safe, responsible and sustainable way. [28] The article described how Cargill had changed in the 1990s as technology improved and global markets became more open, with Cargill expanding into commodity trading and investments "from Vietnam to Argentina. Performance & security by Cloudflare. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? 176.74.19.164 Here, Scott and Lauren Neustadter talk about falling in love with Taylor Jenkins Reid's novel. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. The museum, currently . [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. Cargill Dow is building a global . MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. [10], While the "low-profile family" owns Cargill, and there are six family members on the 17-member board, family members have not been part of running the company since 1995, when Whitney MacMillan, who had served as Cargill's chairman and chief executive officer (CEO) since 1976, stepped down as chief executive in 1995. An agreement among different branches of the family puts six family members on Cargill's 17-person board. Cargill Board Members Name & TitleBio David MacLennan CEO Chairman and Chief Executive Officer of Cargill, Incorporated, a privately held company and world-leading producer and marketer of food, agricultural, financial, and industrial products and services. He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. Watson joins six other independent directors on Cargill's board: Richard H. Anderson, president and chief executive officer of Amtrak; Louis R. Chnevert, retired chairman and chief executive. Bernard Poussot Board Member 2010 David MacLennan Board Member 2022 Gregory Page Board Member Ginni Rometty Board Member 2022 Richard Anderson Board Member Louis R. Chenevert Board Member Choose the right Crunchbase solution for you Start Your Free Trial Crunchbase News Get the full list, Youre viewing 3 of 11 board members. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. [20][21] His estimated net worth was $2.6 billion when he died. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Dismiss. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. Dr. Ishrak joined Medtronic as their CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. The remaining 10 percent was owned by Cargill employees. Proven record of managing risk, leading effective global operations and commercial teams. Today the company sells and markets food, trades commodities and provides financial risk management. Joining Chevron in 1980 as a financial analyst, he went on to hold financial, analytical and supervisory positions before being appointed president of Chevron Canada Limited in 1996. "[14], The family-owned Cargill Inc., expanded from a "small-scale frontier enterprise"a grain storage businesswith William Cargill's acquisition in 1865 of a "grain flat house" (a warehouse at the end of a railway line in Iowa) into a "complex international organization and a successful competitor in global markets. The third generation included the four children of Edna and John H. MacMillan Sr (18691940)John H. MacMillan Jr (18951960) and his wife Marion Dickson (18921980)John Hugh MacMillan III (19282008), Whitney Duncan MacMillan (19302006), and Marion MacMillan Pictet (19302009), who had a daughter, Gwendolyn Sontheim Meyer who had two children. Will His AI Plans Be Any Different? MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. The Cargill-MacMillan family is the fourth-wealthiest family in America. Russias War On Ukraine: Daily News And Information From Ukraine, Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, More Ex-British Challenger 2 Tanks Are Bound For Ukraine As London Doubles Its Pledge, This African Country Of Millions Is Without PowerHeres What We Know, REI Workers In Cleveland Vote To Join The Retail, Wholesale And Department Store Union, What It Took To Bring Daisy Jones And The Six To TV, Texas GOP Censures Rep. Gonzales For Supporting Same-Sex Marriage And Gun Safety, New England Patriots Reportedly Set To Release Brian Hoyer, Leaving Two In The Quarterback Room, Salesforce Gapped Higher On Better-Than-Expected Earnings. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. Human Rights More . [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. [7], The exact wealth of the family is unknown, as the Cargill company is a privately owned business entity with no obligation to disclose exact ownership. from 8 AM - 9 PM ET. Bayern Munich is keeping pace with Borussia Dortmund at the top of the table ahead of the season-defining clash against Paris Saint-Germain on Wednesday. Brian Sikes President and Chief Executive Officer Julian Chase Business Operations and Supply Chain Pilar Cruz Chief Sustainability Officer Ross Hamou-Jennings Chair of Asia Pacific Jennifer Hartsock Chief Information and Digital Officer Page joined Cargill in 1974 as a trainee assigned to the Feed Division. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". Page served as Executive Director of Cargill from 2015 to 2016, Executive Chairman from 2013 to 2015, Chief Executive Officer from 2007 to 2013, and President from 2000 to 2007. Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. Mr. Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. White is the most common ethnicity company-wide. He also will lead the company's corporate trading strategy. The fourth generation includes the two sons and daughter of James R. Cargill (19232006) and his wife Mary Janet Morse Cargill (died February 5, 2010). Get the full list, Morningstar Institutional Equity Research, Stabilized steviol glycoside malonic acid esters, President & Regional Director, Asia Pacific (Agriculture), President & Business Unit Leader - Cargill Industrial Specialties, Chairman of Asia Pacific and Head of Corporate Strategy. 11% of the management team is Black or African American. Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . "[17] Cargill had 160,000 employees.[17]. . Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Mr. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information Pedro Cortez Cargill - Board Member - Atipicus | LinkedIn Pedro Cortez Cargill CTO Providencia, Regin Metropolitana de Santiago, Chile 722 seguidores Ms de 500 contactos Unirse para ver.
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