ADM appoints Monish Patolawala as CFO, effective Aug 1, 2024

Archer-Daniels-Midland Co

Monish Patolawala succeeds Ismael Roig, who served as interim CFO since Jan 2024; Roig remains President of EMEA and Animal Nutrition.
Patolawala joins from 3M where he was President and CFO; previously CFO of GE Healthcare (2015-2020).
Initial base salary $1.425M; target annual bonus $1.924M; annual equity grant valued at $6.95M.
One-time make-whole awards: $1.4M cash and ~$10M in RSUs vesting over 18 months.
Patolawala also serves on Biogen Inc. board of directors.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Ismael Roig

Interim Chief Financial Officer

ADM · Archer-Daniels-Midland Co

Effective: 2024-08-01
Successor: Monish Patolawala
Filed: July 10, 2024, 7:59 PM ET

Mr. Patolawala will succeed Ismael Roig, who has been serving as the Company’s Interim Chief Financial Officer since January 21, 2024.

Appointed

Monish Patolawala

Executive Vice President and Chief Financial Officer

ADM · Archer-Daniels-Midland Co

Effective: 2024-08-01
Filed: July 10, 2024, 7:59 PM ET

On July 10, 2024, Archer-Daniels-Midland Company (the “Company”) announced that the Board of Directors of the Company has appointed Monish Patolawala to serve as the Company’s Executive Vice President and Chief Financial Officer, effective August 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

Ismael Roig changed role as Interim Chief Financial Officer at Archer-Daniels-Midland Co.

Role: Interim Chief Financial Officer

Exact text from the filing

Mr. Patolawala will succeed Ismael Roig, who has been serving as the Company’s Interim Chief Financial Officer since January 21, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Monish Patolawala was appointed as Executive Vice President and Chief Financial Officer at Archer-Daniels-Midland Co.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On July 10, 2024, Archer-Daniels-Midland Company (the “Company”) announced that the Board of Directors of the Company has appointed Monish Patolawala to serve as the Company’s Executive Vice President and Chief Financial Officer, effective August 1, 2024.

View on SEC.gov

Archer-Daniels-Midland Co filing history →

Source: SEC EDGAR

accession 0001193125-24-177070

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