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. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. The Company produces 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. Ishrak grew up in Bangladesh. Mar 1, 2023. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. from 8 AM - 9 PM ET. Dismiss. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. Rob Cargill Expand search. Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). Today the company sells and markets food, trades commodities and provides financial risk management. Click to reveal Get the full list, Youre viewing 5 of 21 exits. [1] Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. 13% of Cargill's management is Hispanic or Latino. [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. [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. The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. Investing in education. Explore institutional-grade private market research from our team of analysts. Get the full list, Morningstar Institutional Equity Research, Stabilized steviol glycoside malonic acid esters, President & Regional Director, Asia Pacific (Agriculture), President & Business Unit Leader - Cargill Industrial Specialties, Chairman of Asia Pacific and Head of Corporate Strategy. [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. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. 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. The museum, currently . The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. She was on the list of billionaires in 2010. Cargill, Inc. Jan 21, 2021, 10:00 ET. Jen studied at Illinois State University. [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 action you just performed triggered the security solution. Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . Cision Distribution 888-776-0942 Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. Amazons Daisy Jones & The Six Tops Music And TV Charts, China Aims For Its Gross Domestic Product To Expand Around 5% In 2023, Todays Wordle #624 Hint, Clues And Answer For Sunday, March 5th, UFC 285 Results: Cody Garbrandt Defeats Trevin Jones In Return To The Octagon, The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Desperate Russian Forces Are Sticking 80-Year-Old Naval Guns On 70-Year-Old Armored Tractors, Saturday, March 4. Over the years, he held a number of positions in the United States and Singapore. The most common ethnicity among Cargill executive officers is White. 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. He remained as Cargill CEO for 3540 years. 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. [22], His brother Whitney MacMillan, who was Cargill's chairman and chief executive officer (CEO) from 1976 to 1995,[12][23][24][25] was described by Forbes as the "patriarch of the Cargill-MacMillan clan" who "led the company to become a global conglomerate" in his tenure as CEO. MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. 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. Cargill is 37% female and 63% male company-wide. 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 In 1936, when Cargill Incorporated was formed with the merger of various Cargill businesses, John MacMillan, Sr. handed the presidency to a third generation of the Cargill-MacMillan family, his son John MacMillan, Jr.[18] By this time, Cargill Inc had offices in Canada and Italy, as well as many subsidiaries across the United States. Page joined Cargill in 1974 as a trainee assigned to the Feed Division. There are approximately 90 family members that together own 88% of the company. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. 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. By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. from 8 AM - 9 PM ET. 2023 Forbes Media LLC. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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). As the new President of Cargill Elevator Company, John H. MacMillan, Sr.Edna Cargill's husbandwas able to reassure the company's creditors. Cargill may also be known as or be related to Cargill, Cargill Financial Services International, Inc., Cargill Inc, Cargill Incorporated and Cargill International SA. 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". The Cargill-MacMillan family is the fourth-wealthiest family in America. Cloudflare Ray ID: 7a301f44c8a92e9b Dismiss. "[27] He was the last Cargill "family member to serve as chief executive officer". Will Others Follow? [8] The Cargill family had at least 14 billionaires. [7], The exact wealth of the family is unknown, as the Cargill company is a privately owned business entity with no obligation to disclose exact ownership. An agreement among different branches of the family puts six family members on Cargill's 17-person board. [11] are part of the fourth generation. Your IP: 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. Your IP: Get the full list, Youre viewing 5 of 30 subsidiaries. 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. He served on the board of directors from 1963 to 1996. When Cargill sold its 64-percent stakes in Mosaic in 2011, the two nonprofits exchanged the private Cargill stock for 114.5 million shares of the public Mosaic stock. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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 David Cargill was a national board member for the Arts Council for England, using his position to prioritise regional investment in the arts Other lives Arts Council England Obituary David. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors . Win whats next. We combine 155years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. 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. The Cargill executive team is 26% female and 74% male. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. 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. Director of Ecolab since 2015. 'Daisy Jones & The Six' is breaking records and topping charts. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". [30] A new generation of the Cargill family was appointed to the board of directors, according to the Wall Street Journal. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. "[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". [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". 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. 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. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. [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. In January 2020, Ishrak was named independent chairman of the board of the board of Intel. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. Cloudflare Ray ID: 7a301f3e0f147719 She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. He served on the board of directors for many years. The Cargill-MacMillan family is the fourth-wealthiest family in America. He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. "[1], A review of William Duncan MacMillan's 1998 book MacMillan: The American Grain Family,[31] described the MacMillans as "one of Minnesota's wealthiest clans" and "one its most doggedly secretive". 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. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. The three others are third generationAusten S. Cargill II (58) in Livingston, Montana, James R. Cargill II (60) Birchwood, and Marianne Cargill Liebmann (56) in Bozeman. Jobs People Learning Dismiss Dismiss. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Cargill has 166,000 employees, of which 34 are in a leadership position. Board Member . [20], In the mid-1990s, "family factions" made an agreement, which is in the company's bylaws, stipulating that only six members of the family sit on Cargill's 17-person board:[10] four Macmillans and two Cargills. White is the most common ethnicity company-wide. [28][29] His career at Cargill spanned almost four decades. "John brings a wealth of experience from his long career at Chevron. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. Musk Made a Mess at Twitter. 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). Watson joins six other independent directors on Cargill's board: Richard H. Anderson, president and chief executive officer of Amtrak; Louis R. Chnevert, retired chairman and chief executive officer of United Technologies Corporation; Arthur D. Collins, Jr., retired chairman and chief executive officer of Medtronic, Inc.; Stephen Hemsley, executive chairman of UnitedHealth Group; Bernard Poussot, retired chairman, chief executive officer and president of Wyeth; and Trudy Rautio, retired president and chief executive officer of Carlson. 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. [1] The company "generates $108 billion in annual revenues". We have 155,000 employees in 70 countries who are committed to . Cargill Dow is building a global . "Ginni led the reinvention of IBM for the era of cloud and data, by realigning their portfolio through organic and acquired growth. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. This documentary-style series follows investigative journalists as they uncover the truth. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. Mr. According to Forbes, 8 of the family members are billionaires. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. Cargill, Incorporated provides agricultural products. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. 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. Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. Cargill married Ellen "Ella" Theresa Stowell, and they had four childrenWilliam "Will" Samuel Cargill, Edna Clara Cargill (18711963),[32] Emma Cargill, and Austen Cargill (died 1957)the second generation of the Cargill family. [11] Cargill Inc revenues remained at $117 billion. Mr. Mr. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. This button displays the currently selected search type. 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. ntended to serve farmers, producers, manufacturers, retailers, governments and others. 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. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. His strategies were sometimes "under the scrutiny of the government". MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. 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? Human Rights More . [4], From 1999 until his retirement in 2007, a nonfamily member, American investor and businessman, Warren Staley, was CEO of Cargill, Inc. of Minneapolis, Minnesota. 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. In 1998, he was named a corporate vice president with responsibility for strategic planning and mergers and acquisitions. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. The employee data is based on information from people who have self-reported their past or current employments at Cargill. John's knowledge and insights will be invaluable for Cargill and our board.". Dismiss. Executive Summary. The most recent family members appointed to the board are fifth generation. The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. [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. Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. 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. Brent Reitz | Board Member Brent Reitz was named President of Adventist HealthCare's Post-Acute Care Services division, a combination of Rehabilitation, Home Care and Care Navigation service lines, in December of 2019. Here, Scott and Lauren Neustadter talk about falling in love with Taylor Jenkins Reid's novel. Cargill serves customers worldwide. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [1] The magazine listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] By 2019, "23 members of the Cargill-MacMillan family own 88% of [Cargill Inc]. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. "[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".
Flywheel Ruth Zukerman Net Worth,
Cremation Society Of Wisconsin Altoona,
Articles C