Cloudflare Ray ID: 7a301f3e0f147719 "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Mr. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Zippia gives an in-depth look into the details of Cargill, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cargill. "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. 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. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. This is a profile preview from the PitchBook Platform. [8] The Cargill family had at least 14 billionaires. Cargill invested more than $10 million in 2020 to support Black, Indigenous and people of color (BIPOC) children and families in our headquarters community of Minneapolis-St Paul, the United States and beyond through education, mentoring, nutrition and digital access programs. Based on our data team's research, David MacLennan is the Cargill's CEO. This combination of proven people, operational and market leadership make him a valuable addition to our board., We use cookies to provide you with a better experience. Lucy MacMillan Stitzer, a member of the Cargill-MacMillan family, former Cargill board member, and founder of the Dirt to Dinner blog, has extensive experience in agriculture, banking, investments, and corporate governance. Prior to these roles, Mr. MacLennan held several other positions with Cargill, including Chief Financial Officer, President of Cargill Energy and Managing Director of the Value Investment Group. 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. Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. 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. [28] A Star Tribune article at the time of his retirement, said that prior to Staley's tenure, Cargill was considered to be "the agricultural industry's version of the CIA". He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. "[27] He was the last Cargill "family member to serve as chief executive officer". All rights reserved. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. 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 "[17] Cargill had 160,000 employees.[17]. Performance & security by Cloudflare. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. [32] Edna and John H. MacMillan Sr had two sons and a daughterJohn H. MacMillan Jr, Cargill MacMillan Sr (19001968), and Emma Cargill married Fred M. Hanchette. This button displays the currently selected search type. 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). When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. Omars deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO, said David MacLennan, chairman and CEO of Cargill. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Virginia (Ginni) M.. "John brings a wealth of experience from his long career at Chevron. 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. Side-by-side, we are building a stronger, sustainable future for agriculture. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. Corporate Governance Director-WAY07483 Cargill provides food, agriculture, financial and industrial products and services to the world. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information [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. California Weighs $360,000 in Reparations to Eligible Black Residents. Get the full list, Youre viewing 5 of 21 exits. 11% of the management team is Black or African American. [10], In 2016, there were major changes in Cargill Inc. under non-family Cargill CEO David MacLennan, which included streamlining the company, making major cuts and divestments, restructuring, and acquisitions. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. Will His AI Plans Be Any Different? Today the company sells and markets food, trades commodities and provides financial risk management. 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. 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. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Human Rights 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 . Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. He is past-chair of the board of Big Brothers Big Sisters of America, past president of the Northern Star Council of the Boy Scouts of America and continues to serve on both boards as well as the board of Alight (formerly known as the American Refugee Committee). [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. from 8 AM - 9 PM ET. Your IP: Executive Summary. An agreement among different branches of the family puts six family members on Cargill's 17-person board. 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. Here, Scott and Lauren Neustadter talk about falling in love with Taylor Jenkins Reid's novel. Cargill serves customers worldwide. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. 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. Ishrak joined Medtronic as CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. In January 2020, Ishrak was named independent chairman of the board of the board of Intel. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARGILL STRENGTHENS EXECUTIVE TEAM WITH THE APPOINTMENTS OF JOANNE KNIGHT AS CHIEF FINANCIAL OFFICER, PHILIPPA PURSER AS HEAD OF STRATEGY AND GLOBAL PROCESS LEADER, BASF and Cargill further expand their partnership to offer high-performance enzyme solutions to animal protein producers in the United States. (19001968). 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. Proven record of managing risk, leading effective global operations and commercial teams. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. [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. "Omar's deep international. Join now Sign in . Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. This website is using a security service to protect itself from online attacks. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? 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 You can email the site owner to let them know you were blocked. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. 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. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. . 2023 PitchBook. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. He has also held various management positions with US Bancorp Piper Jaffray and Goldberg Securities.Qualifications - With more than 25 years of leadership experience at Cargill, Mr. MacLennan has developed significant leadership and strategic planning skills, as well as extensive knowledge and insight in corporate governance, risk management, financial management and global business practices. Performance & security by Cloudflare. For the aristocratic family, see, Five generations of the Cargill-MacMillan family, "The 28 richest billionaire families in America, ranked", "The Richest People You've Never Heard Of", "David MacLennan on how agri-major Cargill turned a global crisis into an opportunity", "America's Largest Private Companies 2019", "14 Cargill heirs on Forbes' list of billionaires, more than any family in world", "James R. Cargill II - The Forbes 400 Richest Americans 2009", "Bloomberg, Mosaic Says Fertilizer Prices to Remain 'Challenging' Into 2014, 5 November 2013", "This Year's Most Generous Billionaire Philanthropist Has Been Dead Since 2006", "Obituary: Cargill MacMillan, 84, company heir", "Secretive Billionaire Cargill MacMillan Jr. [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. [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. [33][39] Three of Cargill MacMillan Sr's four children Whitney MacMillan, Alice Whitney MacMillan, and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota),[33] were on "The 400 Richest Americans 2009" with a listed revenue of $4.3 billion each. You can email the site owner to let them know you were blocked. Watson retired from Chevron and its board after a distinguished 37-year career at the company. [33] Their fortunes were all listed as "inherited". Ishrak grew up in Bangladesh. He served on the board of directors from 1963 to 1996. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. 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. [14] Margaret Anne Cargill, who died in 2006, had bequeathed all her shares in the Cargill conglomerate to two non-profits,[14] but the funds could not be liquidated from the private company. Cargill has 166,000 employees, of which 34 are in a leadership position. Mr. General Production Manager jobs at Cargill. "[46], Margaret Anne Cargill, a fourth generation member of the Cargill family, who died in 2006, had bequeathed her shares of the "Minnesota-based food, agriculture and fertilizer conglomerate" Cargill Inc worth about $6 billion to two non-profitsthe Anne Ray Charitable Trust and the Margaret A. Cargill Foundation. As the new President of Cargill Elevator Company, John H. MacMillan, Sr.Edna Cargill's husbandwas able to reassure the company's creditors. The Cargill executive team is 26% female and 74% male. Roger Watchorn is joining the company's executive team as leader of Cargill's Agriculture Supply Chains (CASC) business, which also includes the company's Ocean Transportation and World Trading Group. Retired Chairman and Chief Executive Officer of Cargill. "[14] In 2012 Margaret Anne Cargill posthumously earned the #1 spot in The Chronicle of Philanthropy's annual list of America's 50 most generous donors, beating George Soros, Michael Bloomberg and Paul Allen. James died in 2006 and his widow died in 2010, had lived in her hometown, Minneapolis, Minnesota. 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. She was on the list of billionaires in 2010. 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. "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. [20][21] His estimated net worth was $2.6 billion when he died. Cision Distribution 888-776-0942 [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. 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. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. With fourteen billionaires in the family in 2019,[1][8] the Cargill family has more individual billionaires among its members than any other family anywhere in the world,[9] making them the family with the most wealthy members in history. His strategies were sometimes "under the scrutiny of the government". [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 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. The action you just performed triggered the security solution. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. [11] are part of the fourth generation. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. [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. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. "Ginni led the reinvention of IBM for the era of cloud and data, by realigning their portfolio through organic and acquired growth. Company profile page for Cargill Corp including stock price, company news, press releases, executives, board members, and contact information And, yes, we've come a long way, baby! [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. Director of Ecolab since 2015. This website is using a security service to protect itself from online attacks. The most recent family members appointed to the board are fifth generation. Heres How To Trade The Stock Now, A Century Of Women, Work - And Juggling Family, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. [1] "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. He also currently serves on the board of directors of the Cleveland Clinic. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. 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. The Cargill-MacMillan family is the fourth-wealthiest family in America. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. [4] Following the death of William Cargill in 1909, his son-in-law John MacMillan steered the company out of a debt crisis and into stability. Jobs People Learning Dismiss Dismiss. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. He also will lead the company's corporate trading strategy. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . Your IP: And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. 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. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. The museum, currently . [11] Cargill Inc revenues remained at $117 billion. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. For more information, visitCargill.comand ourNews Center. Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. Page joined Cargill in 1974 as a trainee assigned to the Feed Division and over the years held a number of positions in the United States and Singapore, including working with the start-up of a poultry processing operation in . 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. 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). Board Members - Margaret A. Cargill Philanthropies Paul Busch announces his retirement as President & CEO at Margaret A. Cargill Philanthropies Learn More Margaret A. Cargill Philanthropies expands its governance structure Learn More Domains About Careers News Resources Search Contact Board Members "[14], This article is about the Cargill-MacMillan U.S. business family. Watson earned a bachelor's degree in agricultural economics from the University of California, Davis in 1978 and a master's degree in business administration from the University of Chicago Booth School of Business in 1980. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. 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. Cargill provides food, agriculture, financial and industrial products and services to the world. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. All Rights Reserved. Page joined Cargill in 1974 as a trainee assigned to the Feed Division. 154.26.131.122 This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. Cargill, Incorporated provides agricultural products. 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. [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. Cargill is 37% female and 63% male company-wide. The most common ethnicity among Cargill executive officers is White. According to Forbes, 8 of the family members are billionaires. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . When Cargill sold its 64-percent stakes in Mosaic in 2011, the two nonprofits exchanged the private Cargill stock for 114.5 million shares of the public Mosaic stock. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . He attended Oregon State University and University of Minnesota. Retired Chairman and Chief Executive Officer of Cargill. In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". Vice Chair of the Audit Committee and member of the Governance Committee.Mr. Dismiss. 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. [16]:xxxi Cargill's wealth increased, as the Great Plains were transformed into a breadbasket, providing grain to the country, and the railroads expanded east to west in the last quarter of the nineteenth century.
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