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. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". 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. Cloudflare Ray ID: 7a301f3e0f147719 [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. [37], Their second son, Austen S. Cargill II (born 1951), who lives in Livingston, Montana, has two children. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. 13% of Cargill's management is Hispanic or Latino. Win whats next. The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. Watson retired from Chevron and its board after a distinguished 37-year career at the company. "John brings a wealth of experience from his long career at Chevron. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. Cargill provides food, agriculture, financial and industrial products and services to the world. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. The most recent family members appointed to the board are fifth generation. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . [8] The Cargill family had at least 14 billionaires. We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. We have 155,000 employees in 70 countries who are committed to . Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. 9% of employees are Black or African American. 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. [33], Marianne Cargill Liebmann's net worth was $3.1 billion in 2020. 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. 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. Cision Distribution 888-776-0942 James died in 2006 and his widow died in 2010, had lived in her hometown, Minneapolis, Minnesota. As the new President of Cargill Elevator Company, John H. MacMillan, Sr.Edna Cargill's husbandwas able to reassure the company's creditors. 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. 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). He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. [5][6] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. Global Solution Architect & Solution Owner - Supply Chain Planning, Group CIO/BRM - Global Edible Oil Solutions, Total number of employee profiles an organization has on Crunchbase, Total number of board member and advisor profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Number of Board Member and Advisor Profiles, VP of IT, CIO Cargill Protein, Salt and Animal Nutrition & Health, Chief Technology Officer & Vice President, Corporate Vice President & Chief Human Resources Officer, Vice President - Transportation and Logistics, Edit Board Member and Advisor Profiles Section. Your IP: 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 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. [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". This website is using a security service to protect itself from online attacks. Here are further demographic highlights of the leadership team: 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. Your IP: Side-by-side, we are building a stronger, sustainable future for agriculture. The company's products include 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. Aerospace & Defense category Boeing nominates first Europe-based board member, . 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. All Rights Reserved. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . He attended Oregon State University and University of Minnesota. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? Omars deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO, said David MacLennan, chairman and CEO of Cargill. Musk Made a Mess at Twitter. He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. from 8 AM - 9 PM ET. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [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 congressman supported new gun legislation after a school shooting in Uvalde, located in his district. [11] Cargill Inc revenues remained at $117 billion. Jen Hartsock is a VP/CIO at CAMERON INTERNATIONAL CORP and Chief Information & Digital Officer at Cargill. [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 is 37% female and 63% male company-wide. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. "[14], This article is about the Cargill-MacMillan U.S. business family. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. 'Daisy Jones & The Six' is breaking records and topping charts. Mr. This button displays the currently selected search type. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. [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. The remaining 10 percent was owned by Cargill employees. 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. 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. [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. And, yes, we've come a long way, baby! 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. 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. In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. 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. Dismiss. California Weighs $360,000 in Reparations to Eligible Black Residents. Cargill, Inc. Jan 21, 2021, 10:00 ET. Mr. MINNEAPOLIS - Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. 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. The most common ethnicity among Cargill executive officers is White. 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. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. 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. Retired Chairman and Chief Executive Officer of Cargill. With fourteen billionaires in the family in 2019,[1][8] the Cargill family has more individual billionaires among its members than any other family anywhere in the world,[9] making them the family with the most wealthy members in history. Jen studied at Illinois State University. Retired Chairman and Chief Executive Officer of Cargill. 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 [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 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). 2023 Forbes Media LLC. Ishrak grew up in Bangladesh. [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. 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. General Production Manager jobs at Cargill. 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. 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.
Caroline Brown Weathernation, Articles C