Archer-Daniels-Midland Management

Management criteria checks 2/4

Archer-Daniels-Midland's CEO is Juan Luciano, appointed in Feb 2014, has a tenure of 10.17 years. total yearly compensation is $24.41M, comprised of 6.1% salary and 93.9% bonuses, including company stock and options. directly owns 0.24% of the company’s shares, worth €68.98M. The average tenure of the management team and the board of directors is 1.3 years and 6.9 years respectively.

Key information

Juan Luciano

Chief executive officer

US$24.4m

Total compensation

CEO salary percentage	6.1%
CEO tenure	10.2yrs
CEO ownership	0.2%
Management average tenure	1.3yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Juan Luciano's remuneration changed compared to Archer-Daniels-Midland's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$24m	US$1m	US$3b
Sep 30 2023	n/a	n/a	US$4b
Jun 30 2023	n/a	n/a	US$4b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$25m	US$1m	US$4b
Sep 30 2022	n/a	n/a	US$4b
Jun 30 2022	n/a	n/a	US$4b
Mar 31 2022	n/a	n/a	US$3b
Dec 31 2021	US$24m	US$1m	US$3b
Sep 30 2021	n/a	n/a	US$3b
Jun 30 2021	n/a	n/a	US$2b
Mar 31 2021	n/a	n/a	US$2b
Dec 31 2020	US$23m	US$1m	US$2b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$2b
Mar 31 2020	n/a	n/a	US$2b
Dec 31 2019	US$19m	US$1m	US$1b
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$1b
Mar 31 2019	n/a	n/a	US$2b
Dec 31 2018	US$20m	US$1m	US$2b
Sep 30 2018	n/a	n/a	US$2b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$16m	US$1m	US$2b

Compensation vs Market: Juan's total compensation ($USD24.41M) is above average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Juan's compensation has been consistent with company performance over the past year.

CEO

Juan Luciano (62 yo)

10.2yrs

Tenure

US$24,414,668

Compensation

Mr. Juan Ricardo Luciano has been the Chief Executive Officer of Archer Daniels Midland Company (Archer-Daniels-Midland Company) since January 1, 2015 and has been its President since February 2014. Mr. Lu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Juan Luciano	Chairman	10.2yrs	US$24.41m	0.24% $ 69.0m
Regina Jones	Senior VP	less than a year	US$7.03m	0% $ 0
Christopher Cuddy	Senior VP & President of Carbohydrate Solutions	9.1yrs	US$5.01m	0.053% $ 15.1m
Gregory A. Morris	Senior VP and President of Agricultural Services & Oilseeds	9.4yrs	US$5.27m	0.050% $ 14.2m
Ismael Roig	Senior VP & Interim Chief Financial Officer	less than a year	no data	0.014% $ 4.0m
Dermot O'Grady	Senior Vice President of Global Operations	1.3yrs	no data	no data
Molly L. Fruit	VP & Corporate Controller	3.1yrs	no data	0.0033% $ 938.7k
Kristy Folkwein	Senior VP & Chief Information Officer	1.3yrs	no data	no data
Nuria Miquel	Senior VP & Chief Science Officer	less than a year	no data	no data
Megan Britt	Vice President of Investor Relations	no data	no data	no data
Ian Pinner	Senior VP	less than a year	no data	0.016% $ 4.4m
Jennifer Weber	Senior VP and Chief People & Diversity Officer	3.7yrs	no data	0.022% $ 6.2m

1.3yrs

Average Tenure

52yo

Average Age

Experienced Management: ADM's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Juan Luciano	Chairman	10.3yrs	US$24.41m	0.24% $ 69.0m
Patrick Moore	Independent Director	20.4yrs	US$495.91k	0.00048% $ 135.3k
Terrell Crews	Lead Independent Director	12.9yrs	US$451.42k	0.00015% $ 42.3k
Kelvin Westbrook	Independent Director	20.4yrs	US$419.58k	0% $ 0
James Collins	Independent Director	1.7yrs	US$328.45k	0.00030% $ 84.6k
Suzan Harrison	Independent Director	6.9yrs	US$383.59k	0% $ 0
Michael Burke	Independent Director	5.9yrs	US$384.36k	0.000050% $ 14.1k
Debra Sandler	Independent Director	7.9yrs	US$368.49k	0% $ 0
Ellen de Brabander	Independent Director	less than a year	no data	0.00030% $ 84.6k
Lei Schlitz	Independent Director	4.9yrs	US$350.72k	0.00033% $ 93.0k
Theodore Colbert	Independent Director	2.9yrs	US$337.11k	0% $ 0

6.9yrs

Average Tenure

62yo

Average Age

Experienced Board: ADM's board of directors are considered experienced (6.9 years average tenure).

Archer-Daniels-Midland Management

Management criteria checks 2/4

Key information

Recent management updates

Archer-Daniels-Midland Company, Annual General Meeting, May 23, 2024

ADM Appoints Ismael Roig as Interim Chief Financial Officer

ADM Announces Executive Changes

ADM Announces Executive Changes

Archer-Daniels-Midland Company Announces Executive Changes

Ray G. Young to Retire as Vice Chairman of Archer-Daniels-Midland Company, Effective December 31, 2022

Recent updates

Archer-Daniels-Midland Company to Report Q1, 2024 Results on Apr 30, 2024

Archer-Daniels-Midland Company, Annual General Meeting, May 23, 2024

Archer-Daniels-Midland Company to Report Q4, 2023 Results on Mar 12, 2024

Archer-Daniels-Midland Company announced delayed annual 10-K filing

Archer-Daniels-Midland Company (NYSE:ADM) completed the acquisition of Fuerst Day Lawson Limited from Highlander Partners, L.P.

Upcoming dividend of US$0.50 per share at 3.2% yield

Third quarter dividend of US$0.50 announced

Archer-Daniels-Midland Company (NYSE:ADM) completed the acquisition of Revela Foods, LLC from New Heritage Capital, LLC and others.

Archer-Daniels-Midland Company (NYSE:ADM) completed the acquisition of Revela Foods, LLC from New Heritage Capital, LLC and others.

Archer-Daniels-Midland Company (NYSE:ADM) completed the acquisition of Revela Foods, LLC from New Heritage Capital, LLC and others.

Investor sentiment deteriorates as stock falls 16%

ADM Appoints Ismael Roig as Interim Chief Financial Officer

ADM to Expand Traceable Soybean Pilot After First Deliveries to Europe

Archer-Daniels-Midland Company (NYSE:ADM) reached an agreement to acquire FDL (Uk) Limited.

Archer-Daniels-Midland Company (NYSE:ADM) entered into an agreement to acquire Revela Foods, LLC from New Heritage Capital, LLC and others.

ADM Announces Executive Changes

Upcoming dividend of US$0.45 per share at 2.5% yield

Archer-Daniels-Midland Company Declares Cash Dividend, Payable on December 6, 2023

Archer-Daniels-Midland Company Raises Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$1.52 (vs US$1.84 in 3Q 2022)

Archer-Daniels-Midland Company to Report Q3, 2023 Results on Oct 24, 2023

ADM Announces Executive Changes

Upcoming dividend of US$0.45 per share at 2.1% yield

Archer-Daniels-Midland Company Declares Cash Dividend, Payable on September 6, 2023

Second quarter 2023 earnings released: EPS: US$1.70 (vs US$2.18 in 2Q 2022)

Archer-Daniels-Midland Company to Report Q2, 2023 Results on Jul 25, 2023

Archer-Daniels-Midland Company Announces Executive Changes

Upcoming dividend of US$0.45 per share at 2.4% yield

Archer-Daniels-Midland Company Declares Cash Dividend, Payable on June 7, 2023

First quarter 2023 earnings released: EPS: US$2.12 (vs US$1.86 in 1Q 2022)

Upcoming dividend of US$0.45 per share at 2.2% yield

ADM Declares Cash Dividend on the Company’s Common Stock, Payable on March 2, 2023

Full year 2022 earnings released: EPS: US$7.71 (vs US$4.80 in FY 2021)

Archer-Daniels-Midland Company to Report Q4, 2022 Results on Jan 26, 2023

Upcoming dividend of US$0.40 per share

Ray G. Young to Retire as Vice Chairman of Archer-Daniels-Midland Company, Effective December 31, 2022

Archer-Daniels-Midland Company Declares Cash Dividend, Payable on December 7, 2022

Archer-Daniels-Midland Company Provides Earnings Guidance for the Year 2022

Third quarter 2022 earnings released: EPS: US$1.83 (vs US$0.93 in 3Q 2021)

Archer-Daniels-Midland Company to Report Q3, 2022 Results on Oct 25, 2022

Now 20% undervalued

Now 21% undervalued

The Scoular Company entered into an agreement to acquire Four Grain Handling Facilities in Northwestern Kansas from Archer-Daniels-Midland Company (NYSE:ADM).

Upcoming dividend of US$0.40 per share

Archer-Daniels-Midland Company Declares Cash Dividend, Payable on September 7, 2022

Archer-Daniels-Midland Company Provides Earnings Guidance for the Year 2022

Second quarter 2022 earnings released: EPS: US$2.18 (vs US$1.26 in 2Q 2021)

Archer-Daniels-Midland Company to Report Q2, 2022 Results on Jul 26, 2022

Now 23% undervalued after recent price drop

Archer-Daniels-Midland Company Appoints Ron Bandler as Vice President and Treasurer

CJ Cheiljedang Reportedly Puts CJ Selecta Up for Sale

Upcoming dividend of US$0.40 per share

ADM Declares Cash Dividend, Payable on June 8, 2022

First quarter 2022 earnings released: EPS: US$1.86 (vs US$1.22 in 1Q 2021)

ADM Announces Chief Financial Officer Changes

Archer-Daniels-Midland Company to Report Q1, 2022 Results on Apr 26, 2022

Pierre Dufour Wil Not to Stand for Re-Election as Director of the Archer-Daniels-Midland Company

ADM Announces CFO Succession Plan

Archer-Daniels-Midland Company (NYSE:ADM) acquired Comhan Products (Pty) Ltd.

Archer-Daniels-Midland Company Announces the Resignation of Joseph D. Taets as Senior Vice President and President, Asia Pacific

Upcoming dividend of US$0.40 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Archer-Daniels-Midland Company Provides Earnings Guidance for the Year 2022

Archer-Daniels-Midland Company (NYSE:ADM) acquired Flavor Infusion International, S.A.

Archer-Daniels-Midland Company (NYSE:ADM) completed the acquisitin of Sojaprotein a.d. from Victoria Group a.d.

Upcoming dividend of US$0.37 per share

Third quarter 2021 earnings released: EPS US$0.93 (vs US$0.40 in 3Q 2020)

Archer-Daniels-Midland Company (NYSE:ADM) reached an agreement to acquire a 75% ownership stake in PetDine, Pedigree Ovens, The Pound Bakery and NutraDine for an enterprise value of approximately $600 million.

Upcoming dividend of US$0.37 per share