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. [28][29] His career at Cargill spanned almost four decades. [1] Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [1] Descendants of Cargill and MacMillan have owned common equity in the "agribusiness giant" Cargill Inc, one of the largest privately owned corporations in the United States,[2][3] for over 140 years. "[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". 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. The action you just performed triggered the security solution. We have 155,000 employees in 70 countries who are committed to . [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. [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. Cargill, Inc. Jan 21, 2021, 10:00 ET. She was on the list of billionaires in 2010. According to Forbes, 8 of the family members are billionaires. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . Dismiss. Retired Chairman and Chief Executive Officer of Cargill. You can email the site owner to let them know you were blocked. In announcing the winner Forbes said that "Not only is she almost entirely unknown, but the heiress to the Cargill agribusiness fortune passed away in 2006. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. The most common ethnicity among Cargill executive officers is White. Austen Cargill (died 1957) married Anne Ray. 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. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. Corporate Governance Director-WAY07483 Cargill provides food, agriculture, financial and industrial products and services to the world. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Aerospace & Defense category Boeing nominates first Europe-based board member, . 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. [14] Margaret Anne Cargill, who died in 2006, had bequeathed all her shares in the Cargill conglomerate to two non-profits,[14] but the funds could not be liquidated from the private company. 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. [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. An agreement among different branches of the family puts six family members on Cargill's 17-person board. 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. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. 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. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. 13% of Cargill's management is Hispanic or Latino. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. [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. The remaining 10 percent was owned by Cargill employees. Mr. The employee data is based on information from people who have self-reported their past or current employments at Cargill. [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. Click to reveal [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. In January 2020, Ishrak was named independent chairman of the board of the board of Intel. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. Cargill has 166,000 employees, of which 34 are in a leadership position. 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. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. [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. "[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. 9% of employees are Black or African American. 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 . The Cargill-MacMillan family is the fourth-wealthiest family in America. He served on the board of directors for many years. [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". [33], Marianne Cargill Liebmann's net worth was $3.1 billion in 2020. 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. Cloudflare Ray ID: 7a301f3e0f147719 Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. The most recent family members appointed to the board are fifth generation. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. "John brings a wealth of experience from his long career at Chevron. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. 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. Cargill has 6 board members and advisors, including Bernard Poussot. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. Will His AI Plans Be Any Different? Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. He attended Oregon State University and University of Minnesota. Cloudflare Ray ID: 7a301f44c8a92e9b General Production Manager jobs at Cargill. Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Side-by-side, we are building a stronger, sustainable future for agriculture. 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. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. When expanded it provides a list of search options that will switch the search inputs to match the current selection. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. [1] The company "generates $108 billion in annual revenues". He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. 'Daisy Jones & The Six' is breaking records and topping charts. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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 He now serves on the University of California, Davis Chancellor's Board of Advisors. 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. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. [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. 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). The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. The Cargill-MacMillan family is the fourth-wealthiest family in America. There are approximately 90 family members that together own 88% of the company. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. [8] The Cargill family had at least 14 billionaires. This button displays the currently selected search type. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". [11] are part of the fourth generation. . [5][6], By 2019, Cargill Inc had been listed as America's largest private company since 1986, in all but two years that Forbes has maintained the list. 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. 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.
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