---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-104863"
form_type: "8-K"
ticker: "ADM"
cik: "0000007084"
company_name: "Archer-Daniels-Midland Co"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T14:47:36.461668+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ADM CFO Vikram Luthar to resign Sept 30; receives $743K bonus, equity retirement treatment

## Summary
- CFO Vikram Luthar will resign as executive effective Sept 30, 2024, serve as non-executive employee during transition.
- Receives 2023 cash performance award of $743,419 and 2021 PSU shares; eligible for prorated 2024 cash incentive.
- Will continue base salary and benefits through transition; no new equity awards.
- Agreement includes non-disparagement, cooperation, return of property, and standard release of claims.
- Company may accelerate termination and forfeit benefits if Luthar violates agreement or commits misconduct.

## SEC filing metadata
- accession: 0001193125-24-104863
- form_type: 8-K
- ticker: ADM
- cik: 0000007084
- company_name: Archer-Daniels-Midland Co
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/7084/000119312524104863/0001193125-24-104863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7084/000119312524104863/d820532d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-104863
- JSON: https://secwatch.observer/filing/0001193125-24-104863.json
- Plain text: https://secwatch.observer/filing/0001193125-24-104863.txt

## Key facts
- Executive change
  Vikram Luthar resigned as Chief Financial Officer at Archer-Daniels-Midland Co.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On April 19, 2024, Archer-Daniels-Midland Company (the “Company”) and Vikram Luthar entered into a Transition Agreement (the “Agreement”) under which Mr. Luthar will resign effective September 30, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/7084/000119312524104863/0001193125-24-104863-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.