May 20, 2015

20/05/2015: ADM Announces Senior Management Appointments

Archer Daniels Midland (ADM) has announced new management position appointments to be effective immediately, The Soyatech Newsroom reports.

Gregory Morris has been named as senior vice president and president of Global Oilseeds, and Vince Macciocchi has been named as senior vice president and president of WILD Flavors and Specialty Ingredients. Mark Bemis, current senior vice president - North America, has been added as chief risk officer and current president of ADM’s Corn Processing business, Chris Cuddy, has been named senior vice president of the company.
"Our company is performing with strong momentum as we advance our clear and aggressive strategic plans. Today, we're tapping these three leaders to accelerate value creation in key areas,” says ADM's President and Chief Executive Officer Juan Luciano.
Image: Flazingo Photos
Gregory Morris has been with ADM for 20 years, 17 of those years as leader of the group’s Oilseeds team, and two as president of North American Oilseeds. After launching ADM’s WILD Flavors and Specialty Ingredients unit, Mr Morris returns to ADM Global Oilseeds to lead the unit toward further strategic growth.

Taking the lead of WILD Flavors & Specialty Ingredients (WFSI) is Vince Macciocchi. With more than 25 years’ experience in the ingredients business, Mr Macciocchi served as WFSI, North American chief operating officer before being named as global president, WILD Flavors. With the appointment, Mr Macciocchi will be joining the group’s Executive Council and will be part of ADM’s senior level performance and strategy discussions.

Mark Bemis has been asked to assume the role of chief risk officer, to manage the company’s commodity risk due to his 30 years’ experience regarding risk and ADM’s entire supply chain. Since joining ADM in 1983, Mr Bemis has held various positions with the groups across a wide array of businesses including as president of ADM’s Cocoa, Milling and Financial Services businesses, vice president and general manager for ADM Cocoa North America, and various management positions in the company’s Agricultural Services, Malt, Corn Processing, and Oilseeds Processing businesses.

After two months as leader of ADM’s corn business, Chris Cuddy has been named senior vice president of the company. Since joining ADM in 1998, Mr Cuddy has held a variety of roles including leading the sweeteners and starches group, president of ADM’s joint venture based in Guadalajara, Mexico, Almidones Mexicanos, SA de CV (Almex), vice president, ADM Corn Processing,  North American sales manager for ADM BioProducts, and as a senior commodity trader for ADM Grain.

In other Soyatech news:

China Bright Food, Liangyou Strike Deal to Create Grain and Oil Giant
China Bright Food and Liangyou have announced a merger that will create one of China’s biggest grain and oil conglomerates.

Heavy Crop Losses to Cost India its Place as a Wheat Exporter
Extreme adverse weather has caused significant wheat crop losses in India forcing the country to return to being a net importer for the first time in five years.

Grain Study Maps Potential to Nearly Double Australian Wheat Harvest
Scientists at Australia’s national science agency, CSIRO, have mapped global grain production determining that Australian wheat producers could double their output.

Upcoming events:

14th International Rapeseed Congress in the heart of Canola Country – Saskatchewan, Canada. July 5-9, 2015.

A Practical "Hands-On" Short Course on 'Food Extrusion: Cereals, Protein & Other Ingredients' at Texas A&M University from August 16-21, 2015

Women in Agribusiness (28-30 Sept) directly precedes the 10th Oilseed and Grain Trade Summit (Sept 30-2 Oct), and at the same venue: The Hyatt Regency Minneapolis. Why not attend both while you're there?
 Visit the Oilseed and Grain Trade Summit website HERE.

The Global Miller
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