Archer Daniels Midland elected new director

DY_gmFPU0AA9jbhArcher Daniels Midland Company announced at its 95th Annual Stockholders’ Meeting the election of its board of directors, including new director Michael S. Burke. Burke is chairman and CEO of AECOM, which designs, builds, finances and operates infrastructure assets in more than 150 countries. Prior to his current position, Burke served as AECOM’s senior vice president of corporate strategy; chief corporate officer; chief financial officer; and president. Before joining AECOM in 2005, he served in a variety of leadership positions at KPMG LLP. In addition, ADM’s Board of Directors declared a cash dividend of 33.5 cents per share on the company’s common stock payable June 7, 2018, to shareholders of record on May 17, 2018. This is ADM’s 346th consecutive quarterly payment, a record of 86 years of uninterrupted dividends. As of March 31, 2018, there were 558,915,857 shares of ADM common stock outstanding.

ADM also announced it has been named to the Forbes 2018 list of America’s Best Employers, marking the second consecutive year that the company has received this recognition. ADM jumped 44 spots in the rankings to 366, from 410 in 2017. “Receiving this recognition from Forbes for the second year in a row is an honor, and we at ADM are proud to be viewed as one of America’s top employers,” said Michael D’Ambrose, senior vice president and chief human resources officer at ADM. ADM has approximately 31,000 employees around the world.

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