ADM Appoints Monish Patolawala As Executive Vice President And Chief Financial Officer, Effective August 1, 2024; Succeeding Ismael Roig, Who Has Been Serving As ADM's Interim CFO Since January 2024

7/10/24 9:07:01 AM ET

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ADM (NYSE:ADM) today announced the appointment of Monish Patolawala as Executive Vice President and Chief Financial Officer, effective August 1, 2024, succeeding Ismael Roig, who has been serving as ADM's Interim CFO since January 2024. Mr. Patolawala brings to ADM more than 25 years of experience overseeing global finance and technology teams across leading industrial and healthcare companies, most recently including 3M. As EVP and CFO of ADM, Mr. Patolawala will be responsible for overseeing Global Finance and Accounting, Global Business Services, Global Technology and Enterprise Strategy.

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Recent Analyst Ratings for
$ADM

Date	Price Target	Rating	Analyst
2/1/2024	$57.00	Neutral	Citigroup
1/23/2024		Buy → Hold	Argus
1/22/2024	$116.00 → $56.00	Buy → Hold	Stifel
1/22/2024	$60.00	Overweight → Underweight	Barclays
1/22/2024	$98.00 → $66.00	Buy → Neutral	ROTH MKM
1/22/2024	$96.00 → $61.00	Outperform → Neutral	Robert W. Baird
1/22/2024	$90.00 → $67.00	Buy → Neutral	Goldman
12/18/2023	$90.00 → $80.00	Outperform → Market Perform	BMO Capital Markets

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$ADM
Financials

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ADM Reports Third Quarter 2024 Results
Files Restated Fiscal Year 2023 Form 10-K and Subsequent Forms 10-Q As Expected, Restatement Had No Impact on Consolidated Financial Results for 2023 and First and Second Quarters of 2024 Company to Host Conference Call on December 3, 2024 ADM (NYSE:ADM) today reported financial results for the quarter ended September 30, 2024 that are consistent with its previously announced preliminary results, and also filed its third quarter form 10-Q. The Company also filed its restated financial statements in its fiscal year 2023 Form 10-K and its forms 10-Q for the first and second quarters of 2024. The restatement did not impact the Company's consolidated financial results for any of the perio
11/18/24 4:30:00 PM ET
$ADM
Packaged Foods
Consumer Staples
ADM Declares Cash Dividend
ADM's (NYSE:ADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company's common stock. The dividend is payable on Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. This is ADM's 372nd consecutive quarterly payment, a record of more than 93 years of uninterrupted dividends. As of Sept. 30, 2024, there were 478,531,782 shares of ADM common stock outstanding. About ADM ADM unlocks the power of nature to enrich the quality of life. We're an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We're a premier human and animal nutrition provider, offering one of th
11/8/24 9:15:00 AM ET
$ADM
Packaged Foods
Consumer Staples
ADM Reports Preliminary Third Quarter 2024 Results
Will Restate Previously Filed Fiscal Year 2023 Form 10-K and Subsequent Forms 10-Q Postpones Third Quarter Conference Call ADM (NYSE:ADM) ("the Company") today reported preliminary financial results for the quarter ended September 30, 2024. Preliminary* Third Quarter 2024 Highlights Net earnings expected to be reported at $18 million, with adjusted net earnings1 of $530 million See below for impact of non-cash charge against GAAP earnings for the third quarter of $461 million related to our Wilmar equity investment Earnings per share1 expected to be $0.04, with adjusted earnings per share1, 2 of $1.09, both down versus the prior year period Trailing four-quarter average return
11/4/24 8:00:00 PM ET
$ADM
Packaged Foods
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ADM Reports Third Quarter 2024 Results
Files Restated Fiscal Year 2023 Form 10-K and Subsequent Forms 10-Q As Expected, Restatement Had No Impact on Consolidated Financial Results for 2023 and First and Second Quarters of 2024 Company to Host Conference Call on December 3, 2024 ADM (NYSE:ADM) today reported financial results for the quarter ended September 30, 2024 that are consistent with its previously announced preliminary results, and also filed its third quarter form 10-Q. The Company also filed its restated financial statements in its fiscal year 2023 Form 10-K and its forms 10-Q for the first and second quarters of 2024. The restatement did not impact the Company's consolidated financial results for any of the perio
11/18/24 4:30:00 PM ET
$ADM
Packaged Foods
Consumer Staples
ADM Declares Cash Dividend
ADM's (NYSE:ADM) Board of Directors has declared a cash dividend of 50.0 cents per share on the company's common stock. The dividend is payable on Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. This is ADM's 372nd consecutive quarterly payment, a record of more than 93 years of uninterrupted dividends. As of Sept. 30, 2024, there were 478,531,782 shares of ADM common stock outstanding. About ADM ADM unlocks the power of nature to enrich the quality of life. We're an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We're a premier human and animal nutrition provider, offering one of th
11/8/24 9:15:00 AM ET
$ADM
Packaged Foods
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ADM Board of Directors elects new member AT&T General Counsel David McAtee
ADM's (NYSE:ADM) Board of Directors today announced that it has elected AT&T Inc. Senior Executive Vice President and General Counsel David R. McAtee II as its newest member. McAtee has served as AT&T's worldwide General Counsel since 2015. "David brings a critical perspective to ADM as we continue to evolve our company into the future," said ADM Chair of the Board and CEO Juan Luciano. "He has a true depth of experience in government regulation, strategic planning, and data security, and has helped execute strategy through engagements with institutional investors and key government stakeholders. This expertise will be an invaluable source of guidance as ADM navigates our own path ahead."
11/6/24 4:31:00 PM ET
$ADM
Packaged Foods
Consumer Staples

ADM Appoints Monish Patolawala as Executive Vice President and Chief Financial Officer
ADM (NYSE:ADM) today announced the appointment of Monish Patolawala as Executive Vice President and Chief Financial Officer, effective August 1, 2024, succeeding Ismael Roig, who has been serving as ADM's Interim CFO since January 2024. Mr. Patolawala brings to ADM more than 25 years of experience overseeing global finance and technology teams across leading industrial and healthcare companies, most recently including 3M. As EVP and CFO of ADM, Mr. Patolawala will be responsible for overseeing Global Finance and Accounting, Global Business Services, Global Technology and Enterprise Strategy. Chair of the Board and CEO Juan Luciano said, "We are thrilled to have an executive of Monish's ca
7/10/24 9:00:00 AM ET
$ADM
Packaged Foods
Consumer Staples
Archer-Daniels-Midland investors: Please contact the Portnoy Law Firm to recover your losses; March 25, 2024 deadline
LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Archer-Daniels-Midland Company (NYSE:ADM) investors that a lawsuit was filed on behalf of investors that purchased Archer-Daniels-Midland securities between April 30, 2020 and January 22, 2024, inclusive. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses. The lawsuit alleges that over the past decade, Archer-Daniels-Midland
2/27/24 4:26:52 PM ET
$ADM
Packaged Foods
Consumer Staples
Archer-Daniels-Midland investors: Please contact the Portnoy Law Firm to recover your losses; March 25, 2024 deadline
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 05, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Archer-Daniels-Midland Company (NYSE:ADM) investors that a lawsuit was filed on behalf of investors that purchased Archer-Daniels-Midland securities between April 30, 2020 and January 22, 2024, inclusive. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to r
2/5/24 4:07:17 PM ET
$ADM
Packaged Foods
Consumer Staples

ADM Appoints Monish Patolawala As Executive Vice President And Chief Financial Officer, Effective August 1, 2024; Succeeding Ismael Roig, Who Has Been Serving As ADM's Interim CFO Since January 2024

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Citigroup initiated coverage on Archer-Daniels with a new price target

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Amendment: SEC Form SC 13G/A filed by Archer-Daniels-Midland Company

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$ADM SEC Filings

ADM Reports Third Quarter 2024 Results

ADM Declares Cash Dividend

ADM Board of Directors elects new member AT&T General Counsel David McAtee

ADM Appoints Monish Patolawala as Executive Vice President and Chief Financial Officer

Archer-Daniels-Midland investors: Please contact the Portnoy Law Firm to recover your losses; March 25, 2024 deadline

Archer-Daniels-Midland investors: Please contact the Portnoy Law Firm to recover your losses; March 25, 2024 deadline

Archer-Daniels-Midland Company filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form 10-Q filed by Archer-Daniels-Midland Company

Amendment: SEC Form 10-Q/A filed by Archer-Daniels-Midland Company

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