Molly Strader Fruit
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.
Highest-materiality recent filing
ADM reports Q1 2026 adj. EPS $0.71; raises full-year guidance to $4.15-$4.70
Q1 EPS $0.62 (GAAP), adjusted EPS $0.71; net earnings $298M, adjusted $345M.
ADM reports Q4 EPS $0.94 adjusted $0.87; 2026 guidance $3.60-$4.25; dividend increased 2%
Q4 2025 net earnings $456M ($0.94 EPS); adjusted EPS $0.87. Full-year 2025 adjusted EPS $3.43.
ADM settles SEC investigation for $40M; DOJ closes probe with no action
ADM reaches settlement with SEC, agrees to pay $40M civil penalty without admitting or denying wrongdoing.
ADM Q3 adjusted EPS $0.92; cuts 2025 guidance to $3.25-$3.50 from ~$4.00
Q3 net earnings $108M ($0.22 GAAP EPS); adjusted net earnings $448M ($0.92 adjusted EPS).
ADM Q2 adjusted EPS $0.93, down YoY; tightens 2025 guidance to ~$4.00
Q2 net earnings $219M, adjusted net earnings $452M; EPS $0.45, adjusted EPS $0.93 (down YoY).
ADM Q1 adjusted EPS $0.70, down YoY; reaffirms FY guidance at lower end
Reported EPS $0.61, adjusted EPS $0.70; net earnings $295M, adjusted net earnings $338M.
Q4 GAAP EPS $1.17, adjusted EPS $1.14; full-year GAAP EPS $3.65, adjusted EPS $4.74.
ADM Q3 net earnings $18M ($0.04 EPS); restates FY2023 without impact
Q3 net earnings $18M, adjusted net earnings $530M; adjusted EPS $1.09, down versus prior year.
ADM reports preliminary Q3 GAAP EPS $0.04, adjusted EPS $1.09; to restate FY2023 10-K
Preliminary Q3 net earnings of $18M ($0.04 EPS); adjusted net earnings $530M ($1.09 adj. EPS).
Board concluded Nov 4, 2024 to amend FY2023 10-K and Q1/Q2 2024 10-Qs for intersegment sales errors.
ADM Q2 EPS $0.98 ($1.03 adj), down 42% YoY; affirms full-year guidance
Q2 GAAP EPS $0.98, adjusted EPS $1.03; net earnings $486M, down 42% vs 2Q23.
ADM appoints Monish Patolawala as CFO, effective Aug 1, 2024
Monish Patolawala succeeds Ismael Roig, who served as interim CFO since Jan 2024; Roig remains President of EMEA and Animal Nutrition.
ADM Q1 adjusted EPS $1.46 down 30% YoY, affirms full-year guidance
GAAP EPS $1.42, adjusted EPS $1.46; segment operating profit $1,311M (-24% YoY).
ADM CFO Vikram Luthar to resign Sept 30; receives $743K bonus, equity retirement treatment
CFO Vikram Luthar will resign as executive effective Sept 30, 2024, serve as non-executive employee during transition.
ADM Q4 GAAP EPS $1.06, down 42% YoY; full-year adj. EPS $6.98; announces $2B buyback
Q4 GAAP EPS $1.06, down 42% vs 4Q22; adjusted EPS $1.36, down 30%.
ADM discloses investigation into intersegment sales; expects adjusted EPS above $6.90
Investigating intersegment sales and accounting; sales do not materially affect overall results.
ADM CFO placed on administrative leave amid Nutrition segment accounting probe; appoints interim CFO
CFO Vikram Luthar placed on administrative leave effective immediately pending investigation into Nutrition segment accounting practices and intersegment transactions.
ADM Q3 adjusted EPS $1.63, segment profit $1.49B; raises FY outlook
GAAP EPS $1.52, adjusted EPS $1.63; net earnings $0.8B, adjusted $0.9B.
ADM Q2 EPS $1.70 ($1.89 adj.); raises FY2023 earnings outlook
Net earnings $0.9B, adjusted net earnings $1.0B; adjusted EPS $1.89 vs $2.15 YoY.
ADM Q1 EPS $2.12 ($2.09 adjusted); segment profit $1.72B up 12% YoY
Net earnings $1.2B; diluted EPS $2.12 (reported) vs $1.86 Q1 2022; adjusted EPS $2.09 vs $1.90.
ADM Q4 EPS $1.84 ($1.93 adj); raises dividend 12.5% to $0.45
Q4 reported EPS $1.84, adjusted EPS $1.93; net earnings $1.0B, adjusted $1.1B.
ADM Q3 2022 EPS $1.86 adjusted vs $0.97 prior year; segment profit up 56%
Net earnings ~$1.0B; EPS as reported $1.83, adjusted $1.86 (vs $0.93/$0.97 in Q3 2021).
ADM elects former Corteva CEO Jim Collins to board, declares $0.40/share dividend
Board expanded to 12 directors; Jim Collins, former Corteva CEO, elected independent director effective Aug 3, 2022.
ADM Q2 EPS $2.18 ($2.15 adjusted), up from $1.26 YoY; segment profit $1.84B
Adjusted EPS of $2.15 vs $1.33 last year; net earnings ~$1.2B.
ADM reports Q1 EPS $1.86 ($1.90 adjusted); expects FY2022 to exceed 2021
Q1 EPS as reported $1.86 vs $1.22 YoY; adjusted EPS $1.90 vs $1.39 YoY.
ADM appoints Vikram Luthar as CFO; Ray G. Young remains Vice Chairman
Vikram Luthar appointed CFO effective immediately, succeeding Ray G. Young.
ADM CFO Ray G. Young to transition from CFO, takes additional Vice Chairman role
On Feb 25, 2022, ADM announced Ray G. Young will assume additional role of Vice Chairman and plans to transition from CFO once successor is found.
ADM reports Q4 EPS $1.50 adjusted; raises dividend 8%; optimistic 2022 outlook
Q4 2021 EPS $1.38 as reported, $1.50 adjusted vs $1.21 adjusted in Q4 2020.
ADM Q3 adjusted EPS $0.97, up 9% YoY; segment operating profit $1.0B
Q3 net earnings $526M as reported, adjusted net earnings $548M.
ADM reports record Q2 EPS of $1.26 ($1.33 adjusted); raises Nutrition OP growth outlook to 20%
Q2 net earnings $712M, adjusted net earnings $754M; EPS $1.26 as reported, $1.33 adjusted.
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.
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.
elected David R. McAtee II as an independent director, effective immediately, to fill the vacancy created by the increase in the size of the Board.
Mr. Patolawala will succeed Ismael Roig, who has been serving as the Company’s Interim Chief Financial Officer since January 21, 2024.
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.
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
The appointment follows the decision of the Board on January 19, 2024 to place Vikram Luthar, the Company’s Chief Financial Officer and Senior Vice President, on administrative leave, effective immediately.
On January 21, 2024, Archer-Daniels-Midland Company (the “Company”) announced that the Board of Directors of the Company (the “Board”) has appointed Ismael Roig to serve as the Company’s Interim Chief Financial Officer.
Vincent F. Macciocchi, Senior Vice President, President, Nutrition, and Chief Sales and Marketing Officer of the Company, will be retiring, effective December 31, 2023.
Effective as of November 10, 2023, Ian Pinner, who currently serves as Senior Vice President, Strategy and Innovation of the Company, will succeed Mr. Macciocchi as Senior Vice President, President, Nutrition, and Chief Sales and Marketing Officer of the Company.
On November 1, 2022, Archer-Daniels-Midland Company (the “Company”) announced that Ray G. Young will be retiring as Vice Chairman and cease to be an executive officer of the Company, effective December 31, 2022.
On August 3, 2022, Archer-Daniels-Midland Company (the “Company”) increased the size of the Board of Directors (the “Board”) of the Company from 11 directors to 12 directors and elected James C. Collins, Jr. as an independent director, effective immediately, to fill the vacancy created by the increase in the size of the Board.
Max materiality 0.90 · Median 0.65 · Most common event earnings