ADM Elects Directors at Annual Meeting, Declares Cash Dividend
DECATUR, Ill. -- November 01, 2012
Archer Daniels Midland Company (NYSE: ADM) today announced at its 89^th Annual
Stockholders’ Meeting the election of its board of directors, including new
director, Daniel Shih.
Shih is deputy chairman and executive director of Stella International
Holdings Limited. Before he took his current role in May 2008, he held
executive positions with PepsiCo (China) Ltd. and Motorola (China) Electronics
“Daniel has particular expertise in business strategy and joint ventures,”
said ADM Chairman and CEO Patricia Woertz. “In addition, his extensive
experience in Asia will help ADM continue to advance our strategy in that
The Board’s 11 incumbent directors were also re-elected. The directors
re-elected are: Alan L. Boeckmann, George W. Buckley, Mollie Hale Carter,
Terrell K. Crews, Pierre Dufour, Donald E. Felsinger, Antonio Maciel Neto,
Patrick J. Moore, Thomas F. O’Neill, Kelvin R. Westbrook and Patricia A.
Cash Dividend Declared
In addition, ADM’s Board of Directors declared a cash dividend of 17.5 cents
per share on the company’s common stock payable Dec. 6, 2012, to Stockholders
of record Nov. 15, 2012.
This is ADM’s 324^th consecutive quarterly payment, a record of 81 years of
uninterrupted dividends. As of Sept. 30, 2012, there were 658,568,711 shares
of ADM common stock outstanding.
For more than a century, the people of Archer Daniels Midland Company (NYSE:
ADM) have transformed crops into products that serve vital needs. Today,
30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa
into products for food, animal feed, industrial and energy uses. With more
than 270 processing plants, 420 crop procurement facilities, and the world’s
premier crop transportation network, ADM helps connect the harvest to the home
in more than 160 countries. For more information about ADM and its products,
Archer Daniels Midland Company
Jackie Anderson, 217-424-5413
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