ADM senior exec. VP Steven Mills to retire, effective Feb. 7

Andrew Rogers

DECATUR, Illinois , November 4, 2011 (press release) – Archer Daniels Midland Company (NYSE: ADM) announced today that Steven Mills, senior executive vice president, Performance and Growth, has elected to retire as of February 7, 2012.

“For more than 30 years, Steve’s financial expertise and strong leadership have contributed to ADM’s growth and success,” ADM Chairman and Chief Executive Officer Patricia Woertz said. “He has been a highly valued advisor and member of our team, and we wish him all the best in his retirement.”

Mills joined ADM in 1979, and has served in various senior treasury and accounting roles. He was named Controller in 1994, and elected a Vice President in 2000. He was appointed Group Vice President in 2002.

Mills was named Senior Vice President of Strategic Planning for ADM in 2006. In this newly created role, he was responsible for the company’s long- and short-term strategy-setting process as well as information technology, business development, and merger and acquisition coordination. In March of 2008, Mills was named Executive Vice President and Chief Financial Officer, adding Finance, Accounting, Treasury and Tax to his other responsibilities. He was named senior executive vice president, Performance and Growth in October, 2010.

Mills graduated in 1977 from Illinois College with a Bachelor of Science in mathematics. In 1981, he earned the designation of Certified Public Accountant. He is professionally affiliated with the American Institute of Certified Public Accountants, the Illinois CPA Society, Financial Executives International and the Institute of Management Accountants. Mills serves on the board of directors of Black Hills Corp., in Rapid City, SD., Kirby Medical Center in Monticello, Ill., and the Board of Trustees of Illinois College in Jacksonville, Ill.

About ADM
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve vital needs. Today, 30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa into products for food, animal feed, chemical and energy uses. With more than 265 processing plants, 400 crop procurement facilities, and the world’s premier crop transportation network, ADM helps connect the harvest to the home in more than 160 countries.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.