Cargill, Inc. Jan 21, 2021, 10:00 ET. You can email the site owner to let them know you were blocked. Mr. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. [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. Virginia (Ginni) M.. Director of Ecolab since 2015. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. "[28], In a 2007 Forbes article on "The Richest People You've Never Heard of", Cargill Inc was 90 percent owned by the Cargill-MacMillan family and was still the "largest private company in America". 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. MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. 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. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. This website is using a security service to protect itself from online attacks. [8] The Cargill family had at least 14 billionaires. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. 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. 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. 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. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. Corporate Governance Director-WAY07483 Cargill provides food, agriculture, financial and industrial products and services to the world. She was on the list of billionaires in 2010. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [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. Bernard Poussot Board Member 2010 David MacLennan Board Member 2022 Gregory Page Board Member Ginni Rometty Board Member 2022 Richard Anderson Board Member Louis R. Chenevert Board Member Choose the right Crunchbase solution for you Start Your Free Trial Crunchbase News By continuing to browse the site you are agreeing to our use of cookies in accordance with our. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. When typing in this field, a list of search results will appear and be automatically updated as you type. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . He served on the board of directors for many years. 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. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. 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. "[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. [30] A new generation of the Cargill family was appointed to the board of directors, according to the Wall Street Journal. Director of Ecolab since 2015. Cargill has 166,000 employees, of which 34 are in a leadership position. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. How has the Suns' new starting group performed? John's knowledge and insights will be invaluable for Cargill and our board.". Mr. 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] are part of the fourth generation. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. Lucy MacMillan Stitzer, a member of the Cargill-MacMillan family, former Cargill board member, and founder of the Dirt to Dinner blog, has extensive experience in agriculture, banking, investments, and corporate governance. For more information, visitCargill.comand ourNews Center. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. 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. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. 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. Executive Summary. 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. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. [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. He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. Cargill Dow is building a global . Company profile page for Cargill Corp including stock price, company news, press releases, executives, board members, and contact information 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. There are approximately 90 family members that together own 88% of the company. Today the company sells and markets food, trades commodities and provides financial risk management. 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. Their 2009 annual earnings dropped 15% to $3.3 billion. 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. Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. Side-by-side, we are building a stronger, sustainable future for agriculture. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. He now serves on the University of California, Davis Chancellor's Board of Advisors. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. Will Others Follow? Page joined Cargill in 1974 as a trainee assigned to the Feed Division. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. Get the full list, Youre viewing 5 of 21 exits. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. [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. Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. The fourth generation includes the two sons and daughter of James R. Cargill (19232006) and his wife Mary Janet Morse Cargill (died February 5, 2010). When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. Heres How To Trade The Stock Now, A Century Of Women, Work - And Juggling Family, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. 2023 PitchBook. [28][29] His career at Cargill spanned almost four decades. 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. 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. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. When typing in this field, a list of search results will appear and be automatically updated as you type. Win whats next. [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. [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. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. [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. 176.74.19.164 MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. 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 9% of employees are Black or African American. In January 2020, Ishrak was named independent chairman of the board of the board of Intel. "Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. 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. 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. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors . Stone joins 15 other members on Cargill's board, including independent directors Richard H. Anderson, retired chairman of Delta Air Lines, Inc.; Louis R. Chnevert, retired chairman and chief. 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. 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 - Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. The museum, currently . [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. 11% of the management team is Black or African American. Rob Cargill Expand search. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. "John brings a wealth of experience from his long career at Chevron. Musk Made a Mess at Twitter. Click to reveal The four children of their second oldest son, Cargill MacMillan Sr (19001968) and his wife Pauline Whitney (19001990) are also second generationCargill MacMillan Jr (19272011), Whitney MacMillan (1929-2020), Alice Whitney MacMillan (19321932), and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota). [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. 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. [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. [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. . 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.