Based on our data team's research, David MacLennan is the Cargill's CEO. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. 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. 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 . 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. Cargill Dow is building a global . Cargill provides food, agriculture, financial and industrial products and services to the world. When typing in this field, a list of search results will appear and be automatically updated as you type. Mr. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. Today the company sells and markets food, trades commodities and provides financial risk management. 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. We have 155,000 employees in 70 countries who are committed to . 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. . [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. 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. 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. He served on the board of directors for many years. "[17] Cargill had 160,000 employees.[17]. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. Join now Sign in . 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. from 8 AM - 9 PM ET. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . [11] are part of the fourth generation. 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. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. Stone joins 15 other members on Cargill's board, including independent directors Richard H. Anderson, retired chairman of Delta Air Lines, Inc.; Louis R. Chnevert, retired chairman and chief. 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. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. Virginia (Ginni) M.. 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. [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. [28][29] His career at Cargill spanned almost four decades. Cargill, Minneapolis Carlson CEO Trudy Rautio was elected to the board of directors. Cargill may also be known as or be related to Cargill, Cargill Financial Services International, Inc., Cargill Inc, Cargill Incorporated and Cargill International SA. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . 13% of Cargill's management is Hispanic or Latino. 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. 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. Director of Ecolab since 2015. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. "[28], In a 2007 Forbes article on "The Richest People You've Never Heard of", Cargill Inc was 90 percent owned by the Cargill-MacMillan family and was still the "largest private company in America". By 2019, twenty-three Cargill-MacMillan family members owned 88% of the family company,[1] which reported $113.5 billion in revenue in 2019. [40] MacLennan, who had made major changes to Cargill Inc, also moved the company's headquarters from the 85-year-old lakeside offices in a mansion by a lake in Wayzata, Minneapolis to more "mundane" office space nearby. Director of Ecolab since 2015. [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". [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. [1] Fourteen of the family members were still billionaires in 2019. 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. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. 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. 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 officer of United Technologies Corporation; Arthur D. Collins, Jr., retired chairman and chief executive officer of Medtronic, Inc.; Stephen Hemsley, executive chairman of UnitedHealth Group; Bernard Poussot, retired chairman, chief executive officer and president of Wyeth; and Trudy Rautio, retired president and chief executive officer of Carlson. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . Austen Cargill (died 1957) married Anne Ray. [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 former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. [33], Marianne Cargill Liebmann's net worth was $3.1 billion in 2020. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. Get the full list, Morningstar Institutional Equity Research, Stabilized steviol glycoside malonic acid esters, President & Regional Director, Asia Pacific (Agriculture), President & Business Unit Leader - Cargill Industrial Specialties, Chairman of Asia Pacific and Head of Corporate Strategy. "Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. Mr. 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. Cision Distribution 888-776-0942 Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. For more information, visitCargill.comand ourNews Center. Cargill serves customers worldwide. William Cargill founded the Cargill company as an Iowa grain storage business in 1865, during the postCivil War period, and was its CEO for almost 40 years. This is a profile preview from the PitchBook Platform. When typing in this field, a list of search results will appear and be automatically updated as you type. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. . [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. 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". 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. Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. Your IP: White is the most common ethnicity company-wide. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. 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. General Production Manager jobs at Cargill. "John brings a wealth of experience from his long career at Chevron. China Emphasizes Whole Nation Stance on Tech as US Curbs Bite, China Aims to Boost Grain Capacity Under New Food Security Push, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Estonias Premier Faces Far-Right Test With NATO Unity at Risk, Japan Planning Steps to End South Korea Trade Rift, Yomiuri Says, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, Chinas 5% GDP Target SignalsCrackdowns Are Not Over. She was on the list of billionaires in 2010. 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. [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. 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. He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. [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. [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". 11% of the management team is Black or African American. Cargill has 6 board members and advisors, including Bernard Poussot. None of the information on this page has been provided or approved by Cargill. Aerospace & Defense category Boeing nominates first Europe-based board member, . He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. He now serves on the University of California, Davis Chancellor's Board of Advisors. He earned a bachelor of science degree and a Ph.D. in electrical engineering from the University of London, King's College. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". Page joined Cargill in 1974 as a trainee assigned to the Feed Division. David Cargill was a national board member for the Arts Council for England, using his position to prioritise regional investment in the arts Other lives Arts Council England Obituary David. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. Board Member . 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. [30], By July 2019, Business Insider ranked the Cargill-MacMillan family as the fourth richest billionaire family in the United States. The action you just performed triggered the security solution. Proven record of managing risk, leading effective global operations and commercial teams. 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. Musk Made a Mess at Twitter. [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. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. Jen studied at Illinois State University. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. from 8 AM - 9 PM ET. 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. 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. Experienced leader in the global food and agriculture industry, committed to nourishing the world in a safe, responsible and sustainable way. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. The Cargill executive team is 26% female and 74% male. Dismiss. 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. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. Investing in education. [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. [2] In 2008 the company employed over 150,000 people in 68 countries, and earned revenues of $106.30 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. There are approximately 90 family members that together own 88% of the company. Get the full list, Youre viewing 3 of 11 board members. Lundquist spent 16 years with leading retailer and Cargill . Get the full list, Youre viewing 5 of 30 subsidiaries. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. 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. 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 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). [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. [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. Dr. Ishrak joined Medtronic as their CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. Heres How To Trade The Stock Now, A Century Of Women, Work - And Juggling Family, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. He served on the board of directors from 1963 to 1996. 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]. Mr. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. [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. [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. This documentary-style series follows investigative journalists as they uncover the truth. [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. Their 2009 annual earnings dropped 15% to $3.3 billion. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. (19001968). Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need tothrive. This website is using a security service to protect itself from online attacks. 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). Design, CMS, Hosting & Web Development :: Sign up for our free newsletters to stay informed on each days news and trends, Conagra Brands adds new member to board of directors, Tyson nurse charged for impersonation of a medical professional, Temple Grandin addresses the recent controversy regarding CAS, PSSI to pay $1.5 million for child-labor violations.