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 officer of United Technologies Corporation; Arthur D. Collins, Jr., retired chairman and chief executive officer of Medtronic, Inc.; Stephen Hemsley, executive chairman of UnitedHealth Group; Bernard Poussot, retired chairman, chief executive officer and president of Wyeth; and Trudy Rautio, retired president and chief executive officer of Carlson. [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. General Production Manager jobs at Cargill. 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. 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). Mr. Will Others Follow? Virginia (Ginni) M.. 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. 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. Corporate Governance Director-WAY07483 Cargill provides food, agriculture, financial and industrial products and services to the world. 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. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. Cision Distribution 888-776-0942 Human Rights More . [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. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. California Weighs $360,000 in Reparations to Eligible Black Residents. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. [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. 2023 PitchBook. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. Cision Distribution 888-776-0942 Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. [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. (19001968). 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. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . "[17] Cargill had 160,000 employees.[17]. [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. All rights reserved. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. [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. You can email the site owner to let them know you were blocked. Cargill, Incorporated provides agricultural products. 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. Russias War On Ukraine: Daily News And Information From Ukraine, Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, More Ex-British Challenger 2 Tanks Are Bound For Ukraine As London Doubles Its Pledge, This African Country Of Millions Is Without PowerHeres What We Know, REI Workers In Cleveland Vote To Join The Retail, Wholesale And Department Store Union, What It Took To Bring Daisy Jones And The Six To TV, Texas GOP Censures Rep. Gonzales For Supporting Same-Sex Marriage And Gun Safety, New England Patriots Reportedly Set To Release Brian Hoyer, Leaving Two In The Quarterback Room, Salesforce Gapped Higher On Better-Than-Expected Earnings. Mr. [15], In 2019, Forbes described Cargill Inc as an "international producer and distributor of agricultural products such as sugar, refined oil, chocolate and turkey" that also "provides risk management, commodities trading and transportation services. Executive Summary. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. [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. He remained as Cargill CEO for 3540 years. [33] Their fortunes were all listed as "inherited". When typing in this field, a list of search results will appear and be automatically updated as you type. 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. Their 2009 annual earnings dropped 15% to $3.3 billion. 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. 154.26.131.122 Dismiss. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. The action you just performed triggered the security solution. 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. "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. Page joined Cargill in 1974 as a trainee assigned to the Feed Division. The Cargill executive team is 26% female and 74% male. "Omar's deep international. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARE, Cargill renew partnership to support women in agriculture during worsening global hunger crisis. [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. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. 9% of employees are Black or African American. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. For more information, visit Cargill.com and our News Center. The museum, currently . [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. He served on the board of directors for many years. None of the information on this page has been provided or approved by Cargill. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. Jobs People Learning Dismiss Dismiss. 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. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. Cargill is 37% female and 63% male company-wide. Get the full list, Youre viewing 5 of 21 exits. This is a profile preview from the PitchBook Platform. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". 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 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. 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 Watson retired from Chevron and its board after a distinguished 37-year career at the company. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. In January 2020, Ishrak was named independent chairman of the board of the board of Intel. 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. As the new President of Cargill Elevator Company, John H. MacMillan, Sr.Edna Cargill's husbandwas able to reassure the company's creditors. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. Board Member . [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. Aerospace & Defense category Boeing nominates first Europe-based board member, . This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. [1] "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. [1] The company "generates $108 billion in annual revenues". He attended Oregon State University and University of Minnesota. 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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. 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. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. Retired Chairman and Chief Executive Officer of Cargill. . 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. Win whats next. Cargill serves customers worldwide. [11] are part of the fourth generation. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). 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. 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. ntended to serve farmers, producers, manufacturers, retailers, governments and others. [8] The Cargill family had at least 14 billionaires. 176.74.19.164 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. There are approximately 90 family members that together own 88% of the company. "[14], This article is about the Cargill-MacMillan U.S. business family. Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. Company profile page for Cargill Corp including stock price, company news, press releases, executives, board members, and contact information 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". He also will lead the company's corporate trading strategy. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. 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. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. 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. [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. 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. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. Over the years, he held a number of positions in the United States and Singapore. Today the company sells and markets food, trades commodities and provides financial risk management. 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. "[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. Cargill provides food, agriculture, financial and industrial products and services to the world. 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. 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. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. 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. "[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. [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. from 8 AM - 9 PM ET. 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. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. 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. Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. 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. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. "[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". The most recent family members appointed to the board are fifth generation. [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. 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. Director of Ecolab since 2015. The employee data is based on information from people who have self-reported their past or current employments at Cargill. Retired Chairman and Chief Executive Officer of Cargill. [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. 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. Musk Made a Mess at Twitter. The most common ethnicity among Cargill executive officers is White. [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. [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. 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. 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. John's knowledge and insights will be invaluable for Cargill and our board.". The action you just performed triggered the security solution. 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. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . Get the full list, Youre viewing 3 of 11 board members. 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. 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. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. Ishrak joined Medtronic as CEO in June. [28][29] His career at Cargill spanned almost four decades. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. All Rights Reserved. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. 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. 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. She was on the list of billionaires in 2010. 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. MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. An agreement among different branches of the family puts six family members on Cargill's 17-person board. 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. "Ginni led the reinvention of IBM for the era of cloud and data, by realigning their portfolio through organic and acquired growth. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. Jen studied at Illinois State University. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. He now serves on the University of California, Davis Chancellor's Board of Advisors. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. This website is using a security service to protect itself from online attacks. Your IP: Design, CMS, Hosting & Web Development :: Sign up for our free newsletters to stay informed on each days news and trends, Conagra Brands adds new member to board of directors, Tyson nurse charged for impersonation of a medical professional, Temple Grandin addresses the recent controversy regarding CAS, PSSI to pay $1.5 million for child-labor violations.

How Old Is Half Pint From Dancing Dolls, Everybody Gym Cancel Membership, Mark Elliott Funeral, Mercari Ship On Your Own Option, Articles C