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[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. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. [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. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). [28] The article described how Cargill had changed in the 1990s as technology improved and global markets became more open, with Cargill expanding into commodity trading and investments "from Vietnam to Argentina. She was on the list of billionaires in 2010. [20][21] His estimated net worth was $2.6 billion when he died. "[27] He was the last Cargill "family member to serve as chief executive officer". 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). Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast. [40] MacLennan, who had made major changes to Cargill Inc, also moved the company's headquarters from the 85-year-old lakeside offices in a mansion by a lake in Wayzata, Minneapolis to more "mundane" office space nearby. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. 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. Hints and clues to help you with today's Wordle. Cargill Board Members Name & TitleBio David MacLennan CEO 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. Director of Ecolab since 2015. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. 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. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. 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. 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 MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. 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. He now serves on the University of California, Davis Chancellor's Board of Advisors. Will Others Follow? MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. This website is using a security service to protect itself from online attacks. Mr. Cargill Company Profile: Valuation & Investors | PitchBook [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . Over the years, he held a number of positions in the United States and Singapore. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. "Omar's deep international. Cargill, Incorporated provides agricultural products. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. He remained as Cargill CEO for 3540 years. [28][29] His career at Cargill spanned almost four decades. 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. The company's products include grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. Ishrak joined Medtronic as CEO in June. 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. Human Rights More . Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. Austen Cargill (died 1957) married Anne Ray. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. ntended to serve farmers, producers, manufacturers, retailers, governments and others. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. Mr. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? Based on our data team's research, David MacLennan is the Cargill's CEO. Leadership | About Us | John Deere US The remaining 10 percent was owned by Cargill employees. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. 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". Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. MINNEAPOLIS - Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. 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. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. "[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. Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. Diversity, Equity and Inclusion. What a difference three - Cargill PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. [1] Fourteen of the family members were still billionaires in 2019. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. "[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". The company was founded in 1865 when W.W. Cargill started a grain. Pedro Cortez Cargill - Board Member - Atipicus | LinkedIn Mr. 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. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. 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. Global Aginvesting Get the full list, Youre viewing 5 of 30 subsidiaries. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. 2023 PitchBook. John's knowledge and insights will be invaluable for Cargill and our board.". [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. When Cargill sold Mosaic, the charities received shares of the public Mosaic stock. Aerospace & Defense category Boeing nominates first Europe-based board member, . 2023 Forbes Media LLC. 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. Joe Stone elected to Cargill Board of Directors - PR Newswire You can email the site owner to let them know you were blocked. . 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. How has the Suns' new starting group performed? Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. 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. Garry Wenman - Cargill - Cargill | LinkedIn Cargill - Wikipedia He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. 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. Four new leaders join Cargill's executive team, aligned to company's 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. Dismiss. 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. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. He is a member of the board of trustees of Minnesota Public Radio as well as the Asia Society, the leading educational organization dedicated to promoting mutual understanding and strengthening partnerships among peoples, leaders and institutions of Asia and the United States. "[14], This article is about the Cargill-MacMillan U.S. business family. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. This is a profile preview from the PitchBook Platform. from 8 AM - 9 PM ET. Mr. None of the information on this page has been provided or approved by Cargill. The Cargill company and familywho had at least 14 billionaireswere "famously quiet", living "extremely private lives, many of them on ranches and farms in Montana," according to Forbes. Dr. Omar Ishrak elected to Cargill Board of Directors [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARGILL STRENGTHENS EXECUTIVE TEAM WITH THE APPOINTMENTS OF JOANNE KNIGHT AS CHIEF FINANCIAL OFFICER, PHILIPPA PURSER AS HEAD OF STRATEGY AND GLOBAL PROCESS LEADER, BASF and Cargill further expand their partnership to offer high-performance enzyme solutions to animal protein producers in the United States. [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. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. [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. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". Rob Cargill Expand search. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. Mar 1, 2023. Click to reveal He served on the board of directors for many years. Global Solution Architect & Solution Owner - Supply Chain Planning, Group CIO/BRM - Global Edible Oil Solutions, Total number of employee profiles an organization has on Crunchbase, Total number of board member and advisor profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Number of Board Member and Advisor Profiles, VP of IT, CIO Cargill Protein, Salt and Animal Nutrition & Health, Chief Technology Officer & Vice President, Corporate Vice President & Chief Human Resources Officer, Vice President - Transportation and Logistics, Edit Board Member and Advisor Profiles Section. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . This website is using a security service to protect itself from online attacks. [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. [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. Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. "[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. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. 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. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. Cargill - Corporate Governance Director - Minnesota Hispanic Bar Their 2009 annual earnings dropped 15% to $3.3 billion. 9% of employees are Black or African American. Proven record of managing risk, leading effective global operations and commercial teams. 4 Billionaire Cargill Heir Sisters Fall Off Forbes 400 2019 He attended Oregon State University and University of Minnesota. Director of Ecolab since 2015. [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. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. 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. "[17] Cargill had 160,000 employees.[17]. [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. Cargill Elects John Watson to Board of Directors - Feed & Grain The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. The Cargill-MacMillan family is the fourth-wealthiest family in America. 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). By continuing to browse the site you are agreeing to our use of cookies in accordance with our. "[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. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. Side-by-side, we are building a stronger, sustainable future for agriculture. Page joined Cargill in 1974 as a trainee assigned to the Feed Division and over the years held a number of positions in the United States and Singapore, including working with the start-up of a poultry processing operation in . [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. Virginia (Ginni) M. Rometty elected to Cargill's Board of Directors "[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". Page joined Cargill in 1974 as a trainee assigned to the Feed Division. With fourteen billionaires in the family in 2019,[1][8] the Cargill family has more individual billionaires among its members than any other family anywhere in the world,[9] making them the family with the most wealthy members in history. All rights reserved. Cargill provides food, agriculture, financial and industrial products and services to the world. Cargill, Pinnacle Foods Appoint New Board Members 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. 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. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. Executive Summary. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. Today the company sells and markets food, trades commodities and provides financial risk management. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. [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. 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.