Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. An agreement among different branches of the family puts six family members on Cargill's 17-person board. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. According to Forbes, 8 of the family members are billionaires. "[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. Rob Cargill Expand search. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. 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. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. 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? Their 2009 annual earnings dropped 15% to $3.3 billion. . Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. 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. For more information, visit Cargill.com and our News Center. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. Click to reveal Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. [14], In 2012, the unknown heiress Margaret Anne Cargill, posthumously earned the #1 spot in the Chronicle of Philanthropy's annual list of America's 50 most generous donors. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. The action you just performed triggered the security solution. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. 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. [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. He attended Oregon State University and University of Minnesota. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors . Vice Chair of the Audit Committee and member of the Governance Committee.Mr. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. 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. This documentary-style series follows investigative journalists as they uncover the truth. Dismiss. 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. 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. [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. Cargill, Inc. Jan 21, 2021, 10:00 ET. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. [11] Cargill Inc revenues remained at $117 billion. [20], In the mid-1990s, "family factions" made an agreement, which is in the company's bylaws, stipulating that only six members of the family sit on Cargill's 17-person board:[10] four Macmillans and two Cargills. California Weighs $360,000 in Reparations to Eligible Black Residents. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. "Omar's deep international. 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. Lundquist spent 16 years with leading retailer and Cargill . Mr. This is a profile preview from the PitchBook Platform. [33] The net worth of her daughter, Gwendolyn Sontheim Meyer (born 1961/62), the great-great-granddaughter of William W. Cargill, was $4.4 billion in 2020, placing her #680 on the richest people in the United States in 2020. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Cargill is 37% female and 63% male company-wide. When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. [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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Board Member . Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. 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. [1] The company "generates $108 billion in annual revenues". Investing in education. Mr. 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 New England Patriots plan to release 37-year-old quarterback Brian Hoyer at the beginning of the 2023 league year, as first reported by SiriusXM NFL's Adam Caplan. 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 most common ethnicity among Cargill executive officers is White. Ishrak joined Medtronic as CEO in June. 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. 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 served on the board of directors from 1963 to 1996. Here, Scott and Lauren Neustadter talk about falling in love with Taylor Jenkins Reid's novel. We have 155,000 employees in 70 countries who are committed to . And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. All rights reserved. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. [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. "John brings a wealth of experience from his long career at Chevron. In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. 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. 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. Mar 1, 2023. "[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. "[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. [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. You can email the site owner to let them know you were blocked. Cargill, Incorporated provides agricultural products. 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. "[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 former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Mr. His strategies were sometimes "under the scrutiny of the government". 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. Your IP: 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. 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. "[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". [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. 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. General Production Manager jobs at Cargill. 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. Cargill provides food, agriculture, financial and industrial products and services to the world. 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. Mr. 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". [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. You can email the site owner to let them know you were blocked. [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. In 1998, he was named a corporate vice president with responsibility for strategic planning and mergers and acquisitions. 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. This website is using a security service to protect itself from online attacks. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. 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. By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. (19001968). Over the years, he held a number of positions in the United States and Singapore. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. In 1936, when Cargill Incorporated was formed with the merger of various Cargill businesses, John MacMillan, Sr. handed the presidency to a third generation of the Cargill-MacMillan family, his son John MacMillan, Jr.[18] By this time, Cargill Inc had offices in Canada and Italy, as well as many subsidiaries across the United States. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. 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). He is a member of the board of trustees of Minnesota Public Radio as well as the Asia Society, the leading educational organization dedicated to promoting mutual understanding and strengthening partnerships among peoples, leaders and institutions of Asia and the United States. [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". Your IP: In January 2020, Ishrak was named independent chairman of the board of the board of Intel. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. Performance & security by Cloudflare. 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. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. 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. Retired Chairman and Chief Executive Officer of Cargill. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. Dismiss. Retired Chairman and Chief Executive Officer of Cargill. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. The museum, currently . 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 married Ellen "Ella" Theresa Stowell, and they had four childrenWilliam "Will" Samuel Cargill, Edna Clara Cargill (18711963),[32] Emma Cargill, and Austen Cargill (died 1957)the second generation of the Cargill family. 154.26.131.122 Cargill serves customers worldwide. 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. 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). "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . [4] By 1900, the Cargill Elevator Company was a major Midwestern force. "[1], A review of William Duncan MacMillan's 1998 book MacMillan: The American Grain Family,[31] described the MacMillans as "one of Minnesota's wealthiest clans" and "one its most doggedly secretive". MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. Cargill, Minneapolis Carlson CEO Trudy Rautio was elected to the board of directors. Mr. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? White is the most common ethnicity company-wide. 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.