John's knowledge and insights will be invaluable for Cargill and our board.". Mr. Cargill may also be known as or be related to Cargill, Cargill Financial Services International, Inc., Cargill Inc, Cargill Incorporated and Cargill International SA. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. 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 Performance & security by Cloudflare. [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. This website is using a security service to protect itself from online attacks. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. All rights reserved. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. "[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. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. 2023 PitchBook. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. [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. 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. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. 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. He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. [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. 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. [1] The company "generates $108 billion in annual revenues". Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. 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. Ishrak grew up in Bangladesh. The most common ethnicity among Cargill executive officers is White. "[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. [22], His brother Whitney MacMillan, who was Cargill's chairman and chief executive officer (CEO) from 1976 to 1995,[12][23][24][25] was described by Forbes as the "patriarch of the Cargill-MacMillan clan" who "led the company to become a global conglomerate" in his tenure as CEO. Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. Cargill, Inc. Jan 21, 2021, 10:00 ET. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. 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. [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. [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. He also currently serves on the board of directors of the Cleveland Clinic. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. The Cargill-MacMillan family is the fourth-wealthiest family in America. 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. 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. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. 'Daisy Jones & The Six' is breaking records and topping charts. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. Lundquist spent 16 years with leading retailer and Cargill . Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. How has the Suns' new starting group performed? 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. 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. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. According to Forbes, 8 of the family members are billionaires. Mar 1, 2023. The Cargill executive team is 26% female and 74% male. 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. 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. This is a profile preview from the PitchBook Platform. Virginia (Ginni) M.. 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. [1] Fourteen of the family members were still billionaires in 2019. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. 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. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. Win whats next. Company profile page for Cargill Corp including stock price, company news, press releases, executives, board members, and contact information This documentary-style series follows investigative journalists as they uncover the truth. from 8 AM - 9 PM ET. He now serves on the University of California, Davis Chancellor's Board of Advisors. MINNEAPOLIS - Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. 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? Director of Ecolab since 2015. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. 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. Performance & security by Cloudflare. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. . He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. 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. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. [28][29] His career at Cargill spanned almost four decades. [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. [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. [20][21] His estimated net worth was $2.6 billion when he died. 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. None of the information on this page has been provided or approved by Cargill. ntended to serve farmers, producers, manufacturers, retailers, governments and others. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. [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. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. 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. 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. In January 2020, Ishrak was named independent chairman of the board of the board of Intel. Cargill, Minneapolis Carlson CEO Trudy Rautio was elected to the board of directors. He served on the board of directors from 1963 to 1996. "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. Click to reveal Cloudflare Ray ID: 7a301f44c8a92e9b Jobs People Learning Dismiss Dismiss. "[14], This article is about the Cargill-MacMillan U.S. business family. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. 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. In 1998, he was named a corporate vice president with responsibility for strategic planning and mergers and acquisitions. 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. California Weighs $360,000 in Reparations to Eligible Black Residents. 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. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Cargill serves customers worldwide. 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 . She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. [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. Board Member . 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. Investing in education. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. [11] Cargill Inc revenues remained at $117 billion. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). Based on our data team's research, David MacLennan is the Cargill's CEO. Join now Sign in . [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. 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. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. 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. [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. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. . And, yes, we've come a long way, baby! This button displays the currently selected search type. [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". [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. 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. [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". [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. She was on the list of billionaires in 2010. 11% of the management team is Black or African American. (19001968). By continuing to browse the site you are agreeing to our use of cookies in accordance with our. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. Cargill has 6 board members and advisors, including Bernard Poussot. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. [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. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. 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. "Omar's deep international. Cargill is 37% female and 63% male company-wide. For more information, visitCargill.comand ourNews Center. He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. Director of Ecolab since 2015. Ishrak joined Medtronic as CEO in June. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. All Rights Reserved. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. General Production Manager jobs at Cargill.
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