ADM appoints Carrie Nichol as VP & Chief Accounting Officer effective March 1

Archer-Daniels-Midland Co

Nichol joins from Cargill, where she was SVP, CAO and Global Process Leader since June 2024.
Initial base salary of $550,000, target annual bonus of $500,000, and equity target of $1,315,000.
Make-whole cash payments totaling $1,381,000 and a one-time RSU award of $980,000 to replace forfeited equity.
Molly Strader Fruit will transition to VP, Total Rewards and HR Operations, also effective March 1.
Nichol will report to CFO Monish Patolawala and oversee accounting, internal controls, and risk management.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Molly Strader Fruit

Vice President, Total Rewards and HR Operations

ADM · Archer-Daniels-Midland Co

Effective: 2025-03-01
Successor: Carrie Nichol
Filed: January 29, 2025, 6:59 PM ET

Ms. Strader Fruit will be transitioning into the role of Vice President, Total Rewards and HR Operations at the Company, also effective March 1, 2025.

Appointed

Carrie Nichol

Vice President and Chief Accounting Officer

ADM · Archer-Daniels-Midland Co

Effective: 2025-03-01
Filed: January 29, 2025, 6:59 PM ET

On January 29, 2025, Archer-Daniels-Midland Company (the “Company”) announced that the Board of Directors of the Company has appointed Carrie Nichol to serve as the Company’s Vice President and Chief Accounting Officer, effective March 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Molly Strader Fruit changed role as Vice President, Total Rewards and HR Operations at Archer-Daniels-Midland Co.

Action: transitioning
Role: Vice President, Total Rewards and HR Operations

Exact text from the filing

Ms. Strader Fruit will be transitioning into the role of Vice President, Total Rewards and HR Operations at the Company, also effective March 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Carrie Nichol was appointed as Vice President and Chief Accounting Officer at Archer-Daniels-Midland Co.

Action: appointed
Role: Vice President and Chief Accounting Officer

Exact text from the filing

On January 29, 2025, Archer-Daniels-Midland Company (the “Company”) announced that the Board of Directors of the Company has appointed Carrie Nichol to serve as the Company’s Vice President and Chief Accounting Officer, effective March 1, 2025.

View on SEC.gov

Archer-Daniels-Midland Co filing history →

Source: SEC EDGAR

accession 0001193125-25-015021

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