[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. Win whats next. Mr. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. [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". . The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. Based on our data team's research, David MacLennan is the Cargill's CEO. [28][29] His career at Cargill spanned almost four decades. Mr. 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. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. 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. MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. And, yes, we've come a long way, baby! Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. 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 . Brian Sikes President and Chief Executive Officer Julian Chase Business Operations and Supply Chain Pilar Cruz Chief Sustainability Officer Ross Hamou-Jennings Chair of Asia Pacific Jennifer Hartsock Chief Information and Digital 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. [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. Side-by-side, we are building a stronger, sustainable future for agriculture. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. Cargill Dow is building a global . [8] The Cargill family had at least 14 billionaires. Watson served as vice chairman of the board before being elected chairman and CEO in 2010. 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. 154.26.131.122 She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Musk Made a Mess at Twitter. 2023 Forbes Media LLC. [33], Marianne Cargill Liebmann's net worth was $3.1 billion in 2020. "Ginni led the reinvention of IBM for the era of cloud and data, by realigning their portfolio through organic and acquired growth. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. This button displays the currently selected search type. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. There are approximately 90 family members that together own 88% of the company. Get the full list, To view Cargills complete investors history, request access, Youre viewing 5 of 184 investments and acquisitions. 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. Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. [1] Today the company sells and markets food, trades commodities and provides financial risk management. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Cargill provides food, agriculture, financial and industrial products and services to the world. Director of Ecolab since 2015. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. Your IP: [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]. He remained as Cargill CEO for 3540 years. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Click to reveal Ishrak grew up in Bangladesh. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 billion. "[14], This article is about the Cargill-MacMillan U.S. business family. He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. 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. 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. 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. [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. Cision Distribution 888-776-0942 Mr. Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. The Cargill-MacMillan family is the fourth-wealthiest family in America. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. The action you just performed triggered the security solution. 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. 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. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. Cloudflare Ray ID: 7a301f44c8a92e9b Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. 11% of the management team is Black or African American. This is a profile preview from the PitchBook Platform. 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. Performance & security by Cloudflare. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. Proven record of managing risk, leading effective global operations and commercial teams. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. His strategies were sometimes "under the scrutiny of the government". 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. Retired Chairman and Chief Executive Officer of Cargill. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. 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. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. 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. For more information, visitCargill.comand ourNews Center. [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. Zippia gives an in-depth look into the details of Cargill, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cargill. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . 'Daisy Jones & The Six' is breaking records and topping charts. 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. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. [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. Dismiss. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. 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. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. The Cargill executive team is 26% female and 74% male. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. [11] Cargill Inc revenues remained at $117 billion. "We are delighted to welcome John to the Cargill board," said David MacLennan, Cargill's chairman and chief executive officer. Their son, Andrew C. Liebmann, is currently on 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. According to Forbes, 8 of the family members are billionaires. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. Over the years, he held a number of positions in the United States and Singapore. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . White is the most common ethnicity company-wide. How has the Suns' new starting group performed? He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. Mar 1, 2023. [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. The remaining 10 percent was owned by Cargill employees. "[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. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. 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.