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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. Human Rights More . Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. This button displays the currently selected search type. Musk Made a Mess at Twitter. "Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. [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. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. Cargill elects John Watson to Board of Directors - PR Newswire [13] In 2011, they sold their sixty-four-percent stake in Mosaic for $24.3 billion. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . Aerospace & Defense category Boeing nominates first Europe-based board member, . [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". 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. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. [11] Cargill Inc revenues remained at $117 billion. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. 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. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. 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. None of the information on this page has been provided or approved by Cargill. Virginia (Ginni) M. Rometty elected to Cargill's Board of Directors Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. You can email the site owner to let them know you were blocked. 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. [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. Hints and clues to help you with today's Wordle. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. Mr. David Cargill obituary | Arts Council England | The Guardian Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Cision Distribution 888-776-0942 Investing in education. [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]. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. [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. [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. [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. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. For more information, visitCargill.comand ourNews Center. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. . Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. 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. [1] 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 For more information, visit Cargill.com and our News Center. [8] The Cargill family had at least 14 billionaires. James died in 2006 and his widow died in 2010, had lived in her hometown, Minneapolis, Minnesota. Click to reveal 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 She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. "[14], This article is about the Cargill-MacMillan U.S. business family. 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. Retired Chairman and Chief Executive Officer of Cargill. Cargill testing new sail technology for cargo ships to cut emissions "[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. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. Patrick Gruber - CEO and Board Member - Gevo | LinkedIn Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. This documentary-style series follows investigative journalists as they uncover the truth. Director of Ecolab since 2015. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. And, yes, we've come a long way, baby! 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. 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. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. Get the full list, Youre viewing 3 of 11 board members. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. [33] Their fortunes were all listed as "inherited". Director of Ecolab since 2015. Over the years, he held a number of positions in the United States and Singapore. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. Cargill serves customers worldwide. Your IP: Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors . "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. Virginia (Ginni) M. Rometty elected to Cargill's Board of Directors MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. [16]:xxxi Cargill's wealth increased, as the Great Plains were transformed into a breadbasket, providing grain to the country, and the railroads expanded east to west in the last quarter of the nineteenth century. 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. Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. The remaining 10 percent was owned by Cargill employees. There are approximately 90 family members that together own 88% of the company. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. 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. 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. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. "[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". Four new leaders join Cargill's executive team, aligned to company's Cargill may also be known as or be related to Cargill, Cargill Financial Services International, Inc., Cargill Inc, Cargill Incorporated and Cargill International SA. "[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. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. 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. After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. 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. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. 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. 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. [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. 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. Rob Cargill Expand search. [11][12], The family was also the majority owner of The Mosaic Company,[11] the largest producer of potash and phosphate fertilizer in the United States. [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. 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. Mr. The company was founded in 1865 when W.W. Cargill started a grain. 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. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. "Omar's deep international. Mr. 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 154.26.131.122 [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. Lundquist spent 16 years with leading retailer and Cargill . 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". 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. [28] A Star Tribune article at the time of his retirement, said that prior to Staley's tenure, Cargill was considered to be "the agricultural industry's version of the CIA". 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. 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. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. "[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. She was on the list of billionaires in 2010. Cargill provides food, agriculture, financial and industrial products and services to the world. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Cargill - Corporate Governance Director - Minnesota Hispanic Bar 2023 PitchBook. He also is a member of the board of directors of the Cleveland Clinic as well as a member of the board of trustees of Minnesota Public Radio and the Asia Society. Ishrak joined Medtronic as CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. Cision Distribution 888-776-0942 The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. Passes Away", "The Secretive Cargill Billionaires And Their Family Tree", "The Last Cargill Family Member To Run The Giant Agribusiness Company Has Died", "Biography paints intimate portrait of the clan that built Cargill", "Cargill's retired CEO, wife now cultivate philanthropy", "Cargill MacMillan Jr., Agribusiness Heir, Dies at 84", "Cargill moving out of longtime HQ, reshaping business", "Billion-Dollar Clans: America's 25 Richest Families 2016", "#176 Marion MacMillan Pictet - Forbes.com", https://en.wikipedia.org/w/index.php?title=Cargill_family&oldid=1137404620, This page was last edited on 4 February 2023, at 13:15. Cargill Inc - Company Profile and News - Bloomberg Markets [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. 4 Billionaire Cargill Heir Sisters Fall Off Forbes 400 2019 Cloudflare Ray ID: 7a301f44c8a92e9b Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. Cargill Corp - Company Profile and News - Bloomberg Markets All rights reserved. [11] are part of the fourth generation. [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. 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. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . His strategies were sometimes "under the scrutiny of the government". The action you just performed triggered the security solution. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. Get the full list, Youre viewing 5 of 21 exits. Cargill CEO And Leadership: Executives and Demographics - Zippia California Weighs $360,000 in Reparations to Eligible Black Residents. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. Mar 1, 2023. For the aristocratic family, see, Five generations of the Cargill-MacMillan family, "The 28 richest billionaire families in America, ranked", "The Richest People You've Never Heard Of", "David MacLennan on how agri-major Cargill turned a global crisis into an opportunity", "America's Largest Private Companies 2019", "14 Cargill heirs on Forbes' list of billionaires, more than any family in world", "James R. Cargill II - The Forbes 400 Richest Americans 2009", "Bloomberg, Mosaic Says Fertilizer Prices to Remain 'Challenging' Into 2014, 5 November 2013", "This Year's Most Generous Billionaire Philanthropist Has Been Dead Since 2006", "Obituary: Cargill MacMillan, 84, company heir", "Secretive Billionaire Cargill MacMillan Jr.

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