[20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. Dismiss. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. Cloudflare Ray ID: 7a301f44c8a92e9b "[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. For more information, visitCargill.comand ourNews Center. [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. When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. [30] A new generation of the Cargill family was appointed to the board of directors, according to the Wall Street Journal. 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. 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. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. "Omar's deep international. Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. [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. Cargill Inc - Company Profile and News - Bloomberg Markets Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. [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. 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. [1] The magazine listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] By 2019, "23 members of the Cargill-MacMillan family own 88% of [Cargill Inc]. The action you just performed triggered the security solution. 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). Page joined Cargill in 1974 as a trainee assigned to the Feed Division. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. 2023 Forbes Media LLC. Jen studied at Illinois State University. [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. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. from 8 AM - 9 PM ET. Aerospace & Defense category Boeing nominates first Europe-based board member, . [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. 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. Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information All rights reserved. Cargill provides food, agriculture, financial and industrial products and services to the world. 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. Mr. The most common ethnicity among Cargill executive officers is White. 9% of employees are Black or African American. "Ginni led the reinvention of IBM for the era of cloud and data, by realigning their portfolio through organic and acquired growth. You can email the site owner to let them know you were blocked. . [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. 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. Cargill Company Profile: Valuation & Investors | PitchBook 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. Joe Stone elected to Cargill Board of Directors - PR Newswire Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. Lundquist spent 16 years with leading retailer and Cargill . 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. Pedro Cortez Cargill - Board Member - Atipicus | LinkedIn Executive Summary. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. "[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. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. Mr. [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. "[14], This article is about the Cargill-MacMillan U.S. business family. Mr. 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. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. 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. 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. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. Here, Scott and Lauren Neustadter talk about falling in love with Taylor Jenkins Reid's novel. 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? Win whats next. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. Gregory Page | Board Member | Corteva Agriscience [4][40] Non-family Cargill CEO David MacLennan has taken the "next-generation family members on tours of the company's facilities and answers family members' questions weekly. Director of Ecolab since 2015. 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. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. This website is using a security service to protect itself from online attacks. His strategies were sometimes "under the scrutiny of the government". Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . 13% of Cargill's management is Hispanic or Latino. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. . Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . We have 155,000 employees in 70 countries who are committed to . 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. 154.26.131.122 Cargill, Pinnacle Foods Appoint New Board Members Cargill Corp - Company Profile and News - Bloomberg Markets Global Aginvesting 2023 PitchBook. 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. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. 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". Cargill family - Wikipedia And, yes, we've come a long way, baby! [4] By 1900, the Cargill Elevator Company was a major Midwestern force. China Emphasizes Whole Nation Stance on Tech as US Curbs Bite, China Aims to Boost Grain Capacity Under New Food Security Push, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Estonias Premier Faces Far-Right Test With NATO Unity at Risk, Japan Planning Steps to End South Korea Trade Rift, Yomiuri Says, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, Chinas 5% GDP Target SignalsCrackdowns Are Not Over. The company was founded in 1865 when W.W. Cargill started a grain. 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. Dr. Omar Ishrak elected to Cargill Board of Directors James died in 2006 and his widow died in 2010, had lived in her hometown, Minneapolis, Minnesota. White is the most common ethnicity company-wide. 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. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. Hints and clues to help you with today's Wordle. 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. 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. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. 'Daisy Jones & The Six' is breaking records and topping charts. 176.74.19.164 [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. The employee data is based on information from people who have self-reported their past or current employments at Cargill. Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . Cargill - Contacts, Employees, Board Members, Advisors & Alumni When typing in this field, a list of search results will appear and be automatically updated as you type. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. How has the Suns' new starting group performed? 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. 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. Virginia (Ginni) M. Rometty elected to Cargill's Board of Directors David Cargill was a national board member for the Arts Council for England, using his position to prioritise regional investment in the arts Other lives Arts Council England Obituary David. For more information, visit Cargill.com and our News Center. Rob Cargill on LinkedIn: 92-100 Buchanan Street - Linear To view Cargills complete valuation and funding history, request access, To view Cargills complete patent history, request access, Youre viewing 5 of 133 executive team members. 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 And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". Austen Cargill (died 1957) married Anne Ray. Diversity, Equity and Inclusion. What a difference three - Cargill ntended to serve farmers, producers, manufacturers, retailers, governments and others. He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. "[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. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. 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. Proven record of managing risk, leading effective global operations and commercial teams. Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? Get the full list, Youre viewing 5 of 21 exits. 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 . The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. 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. 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. Cargill, Incorporated provides agricultural products. 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. Get the full list, Youre viewing 3 of 11 board members. Rob Cargill Expand search. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. Cargill, Minneapolis Carlson CEO Trudy Rautio was elected to the board of directors. [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. The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 - October 17, 1909) and his son-in-law John H. MacMillan Sr. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. [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. John's knowledge and insights will be invaluable for Cargill and our board.". Click to reveal [4], From 1999 until his retirement in 2007, a nonfamily member, American investor and businessman, Warren Staley, was CEO of Cargill, Inc. of Minneapolis, Minnesota. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. 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. The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 October 17, 1909) and his son-in-law John H. MacMillan Sr. [11] Cargill Inc revenues remained at $117 billion. Mr. Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. [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. Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. Cargill elects John Watson to Board of Directors - PR Newswire Mar 1, 2023. Cargill - Corporate Governance Director - Minnesota Hispanic Bar After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. 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.