I like this company. They seem to have their hand in a little bit of everything.
1. We transform natural products into a complete portfolio of ingredients and flavors for foods and beverages, supplements, nutrition for pets and livestock and more. And with an array of unparalleled capabilities across every part of the global food chain, we give our customers an edge in solving global challenges of today and tomorrow.
2. We don’t own farms, but we work with growers, supporting them with personalized services and innovative technologies; partnering with them to develop and enhance sustainable practices; and transforming their bounty into products for consumers around the globe.
3. We do the same with animal nutrition products. Today, more people want to feed their pets the same kind of clean, healthy products they eat themselves and consumers expect livestock and poultry to be fed and raised humanely and sustainably.
4. has declared a cash dividend of 37.0 cents per share on the company’s common stock, an approximately 2.78% increase from last quarter’s dividend of 36.0 cents per share. The dividend is payable on March 2, 2021, to shareholders of record on Feb. 9, 2021. This is ADM’s 357th consecutive quarterly payment, a record of 89 years of uninterrupted dividends. As of Dec. 31, 2020, there were 556,104,261 shares of ADM common stock outstanding.
5. Before joining ADM, CEO Luciano had a successful 25-year tenure at The Dow Chemical Company, where he last served as executive vice president and president of the Performance division.
6. CFO Young joined ADM in 2010 following a 24-year tenure with General Motors Co., during which he held executive leadership positions in finance, general management, planning and operations on four continents. Young served in Shanghai as vice president of GM International Operations, and in 2008 and 2009, he was CFO of General Motors. Between 2004 and 2007, he was the president and managing director of GM do Brasil and Mercosur Operations, based in São Paulo. Young graduated in 1984 from The Ivey School of Business, Western University, in London, Canada, with a bachelor’s degree in business administration. He holds an MBA from the University of Chicago.
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