The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . Ishrak joined Medtronic as CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. California Weighs $360,000 in Reparations to Eligible Black Residents. The Cargill-MacMillan family is the fourth-wealthiest family in America. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. The most common ethnicity among Cargill executive officers is White. The museum, currently . Earlier, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. Over the years, he held a number of positions in the United States and Singapore. Dismiss. Mr. Get the full list, Youre viewing 5 of 30 subsidiaries. Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . The Cargill-MacMillan family is the fourth-wealthiest family in America. Ishrak grew up in Bangladesh. The three others are third generationAusten S. Cargill II (58) in Livingston, Montana, James R. Cargill II (60) Birchwood, and Marianne Cargill Liebmann (56) in Bozeman. [40] MacLennan, who had made major changes to Cargill Inc, also moved the company's headquarters from the 85-year-old lakeside offices in a mansion by a lake in Wayzata, Minneapolis to more "mundane" office space nearby. [5][6], By 2019, Cargill Inc had been listed as America's largest private company since 1986, in all but two years that Forbes has maintained the list. "Omar's deep international. "[46], Margaret Anne Cargill, a fourth generation member of the Cargill family, who died in 2006, had bequeathed her shares of the "Minnesota-based food, agriculture and fertilizer conglomerate" Cargill Inc worth about $6 billion to two non-profitsthe Anne Ray Charitable Trust and the Margaret A. Cargill Foundation. MINNEAPOLIS (September 15, 2022) - Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. Explore institutional-grade private market research from our team of analysts. Cargill provides food, agriculture, financial and industrial products and services to the world. Cargill, Incorporated provides agricultural products. The employee data is based on information from people who have self-reported their past or current employments at Cargill. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. [11] Cargill Inc revenues remained at $117 billion. [16]:xiii The success of the company under his tenure from 1936 to 1960 was due in large part to the team he formed with a second-generation family member, MacMillan Jr's uncle, Austin Cargill, who had joined the company in 1913,[16]:245 and Cargill MacMillan Sr. Dr. Ishrak joined Medtronic as their CEO in June 2011, retiring in April 2020 and staying on as executive chairman and chairman of the board until December 2020. Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. [8] The Cargill family had at least 14 billionaires. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. [14], In 2012, the unknown heiress Margaret Anne Cargill, posthumously earned the #1 spot in the Chronicle of Philanthropy's annual list of America's 50 most generous donors. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. His strategies were sometimes "under the scrutiny of the government". [16]:xxxi Cargill's wealth increased, as the Great Plains were transformed into a breadbasket, providing grain to the country, and the railroads expanded east to west in the last quarter of the nineteenth century. MINNEAPOLIS, Feb. 1, 2018 /PRNewswire/ -- John S. Watson, retired chairman of the board and chief executive officer of Chevron Corporation, has been elected to the Cargill Board of Directors, effective today. (19001968). MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Get the full list, Morningstar Institutional Equity Research, Stabilized steviol glycoside malonic acid esters, President & Regional Director, Asia Pacific (Agriculture), President & Business Unit Leader - Cargill Industrial Specialties, Chairman of Asia Pacific and Head of Corporate Strategy. Mr. The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 October 17, 1909) and his son-in-law John H. MacMillan Sr. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. Performance & security by Cloudflare. [1] When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. [20][21] His estimated net worth was $2.6 billion when he died. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. The country's leadership set this year's economic growth target at around 5%, a target more modest than some had previously projected as policymakers take into account a wide range of difficulties besetting the worlds second-largest economy. With fourteen billionaires in the family in 2019,[1][8] the Cargill family has more individual billionaires among its members than any other family anywhere in the world,[9] making them the family with the most wealthy members in history. Cargill Board Members Name & TitleBio David MacLennan CEO Chairman and Chief Executive Officer of Cargill, Incorporated, a privately held company and world-leading producer and marketer of food, agricultural, financial, and industrial products and services. When expanded it provides a list of search options that will switch the search inputs to match the current selection. The four children of their second oldest son, Cargill MacMillan Sr (19001968) and his wife Pauline Whitney (19001990) are also second generationCargill MacMillan Jr (19272011), Whitney MacMillan (1929-2020), Alice Whitney MacMillan (19321932), and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota). There are approximately 90 family members that together own 88% of the company. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. How has the Suns' new starting group performed? MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. [28] The article described how Cargill had changed in the 1990s as technology improved and global markets became more open, with Cargill expanding into commodity trading and investments "from Vietnam to Argentina. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. [4][40] Non-family Cargill CEO David MacLennan has taken the "next-generation family members on tours of the company's facilities and answers family members' questions weekly. The Cargill company and familywho had at least 14 billionaireswere "famously quiet", living "extremely private lives, many of them on ranches and farms in Montana," according to Forbes. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. He is a member of the board of trustees of Minnesota Public Radio as well as the Asia Society, the leading educational organization dedicated to promoting mutual understanding and strengthening partnerships among peoples, leaders and institutions of Asia and the United States. She was on the list of billionaires in 2010. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. [14] Margaret Anne Cargill, who died in 2006, had bequeathed all her shares in the Cargill conglomerate to two non-profits,[14] but the funds could not be liquidated from the private company. . Dismiss. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". Former UFC Mens Bantamweight champion Cody Garbrandt celebrated a triumphant return to the Octagon on Saturday night. ntended to serve farmers, producers, manufacturers, retailers, governments and others. Board Members - Margaret A. Cargill Philanthropies Paul Busch announces his retirement as President & CEO at Margaret A. Cargill Philanthropies Learn More Margaret A. Cargill Philanthropies expands its governance structure Learn More Domains About Careers News Resources Search Contact Board Members Cargill has 6 board members and advisors, including Bernard Poussot. [22], His brother Whitney MacMillan, who was Cargill's chairman and chief executive officer (CEO) from 1976 to 1995,[12][23][24][25] was described by Forbes as the "patriarch of the Cargill-MacMillan clan" who "led the company to become a global conglomerate" in his tenure as CEO. [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. [33] The net worth of her daughter, Gwendolyn Sontheim Meyer (born 1961/62), the great-great-granddaughter of William W. Cargill, was $4.4 billion in 2020, placing her #680 on the richest people in the United States in 2020. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. Click to reveal The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. For more information, visitCargill.comand ourNews Center. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. "Omar's deep international experience and strength in technology and innovation helped Medtronic sustain long-term growth during his tenure as CEO. Page joined Cargill in 1974 as a trainee assigned to the Feed Division. Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. All rights reserved. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. [1] Fourteen of the family members were still billionaires in 2019. China Emphasizes Whole Nation Stance on Tech as US Curbs Bite, China Aims to Boost Grain Capacity Under New Food Security Push, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Estonias Premier Faces Far-Right Test With NATO Unity at Risk, Japan Planning Steps to End South Korea Trade Rift, Yomiuri Says, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, Chinas 5% GDP Target SignalsCrackdowns Are Not Over. And, yes, we've come a long way, baby! He attended Oregon State University and University of Minnesota. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. "[27] He was the last Cargill "family member to serve as chief executive officer". "[1], A review of William Duncan MacMillan's 1998 book MacMillan: The American Grain Family,[31] described the MacMillans as "one of Minnesota's wealthiest clans" and "one its most doggedly secretive". Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. Ishrak joined Medtronic as CEO in June. Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. 2023 PitchBook. [20] John Hugh MacMillan worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990. Mr. Salesforce beat earnings-per-share estimates after the closing bell on March 1, 2023. The fourth generation includes the two sons and daughter of James R. Cargill (19232006) and his wife Mary Janet Morse Cargill (died February 5, 2010). An agreement among different branches of the family puts six family members on Cargill's 17-person board. "Ginni led the reinvention of IBM for the era of cloud and data, by realigning their portfolio through organic and acquired growth. 9% of employees are Black or African American. "John brings a wealth of experience from his long career at Chevron. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. This website is using a security service to protect itself from online attacks. "[1] Forbes listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] Each year, the Cargill-MacMillan family takes about eighteen percent of the "net profits as dividends". David Cargill was a national board member for the Arts Council for England, using his position to prioritise regional investment in the arts Other lives Arts Council England Obituary David. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. Cargill Dow is building a global . [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". For the aristocratic family, see, Five generations of the Cargill-MacMillan family, "The 28 richest billionaire families in America, ranked", "The Richest People You've Never Heard Of", "David MacLennan on how agri-major Cargill turned a global crisis into an opportunity", "America's Largest Private Companies 2019", "14 Cargill heirs on Forbes' list of billionaires, more than any family in world", "James R. Cargill II - The Forbes 400 Richest Americans 2009", "Bloomberg, Mosaic Says Fertilizer Prices to Remain 'Challenging' Into 2014, 5 November 2013", "This Year's Most Generous Billionaire Philanthropist Has Been Dead Since 2006", "Obituary: Cargill MacMillan, 84, company heir", "Secretive Billionaire Cargill MacMillan Jr. "[15][11] W. W. Cargill, the "son of Scottish sea captain",[11] was twenty-one years old when he founded the company. Today the company sells and markets food, trades commodities and provides financial risk management. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The remaining 10 percent was owned by Cargill employees. "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. [4], From 1999 until his retirement in 2007, a nonfamily member, American investor and businessman, Warren Staley, was CEO of Cargill, Inc. of Minneapolis, Minnesota. [19]:249, Cargill MacMillan Jr. (19272011), Cargill MacMillan Sr.'s (19001968) oldest son and the great-grandson of W. W. Cargill, worked at Cargill for 38 years and retired in 1988. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. [33] Their fortunes were all listed as "inherited". "[17] Cargill had 160,000 employees.[17]. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. [11] are part of the fourth generation. When typing in this field, a list of search results will appear and be automatically updated as you type. You can email the site owner to let them know you were blocked. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. Side-by-side, we are building a stronger, sustainable future for agriculture. www.cargill.com Formerly Known As W.W. Cargill and Brother Ownership Status Privately Held (backing) Financing Status Private Debt Financed Primary Industry Other Financial Services Other Industries Other Agriculture Primary Office Post Office Box Number 9300 Minneapolis, MN 55440-9300 United States +1 (800) 000-0000 The four women are sisters, the daughters of W. Duncan MacMillan, who was a Cargill board member for three decades and who died in 2006 as the 216th-richest man in America, Forbes previously reported. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. Executive Summary. Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. Lundquist spent 16 years with leading retailer and Cargill . [33][39] Three of Cargill MacMillan Sr's four children Whitney MacMillan, Alice Whitney MacMillan, and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota),[33] were on "The 400 Richest Americans 2009" with a listed revenue of $4.3 billion each. In an article entitled, "The Richest People You've Never Heard Of", Forbes estimated that the fortunes of the MacMillans were worth $1.2 billion each, and that of James and Margaret Cargill were estimated at $1.8 billion each. Hints and clues to help you with today's Wordle. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. "[14] In 2012 Margaret Anne Cargill posthumously earned the #1 spot in The Chronicle of Philanthropy's annual list of America's 50 most generous donors, beating George Soros, Michael Bloomberg and Paul Allen. He also is a member of the board of directors of the Cleveland Clinic as well as a member of the board of trustees of Minnesota Public Radio and the Asia Society. Company profile page for Cargill Corp including stock price, company news, press releases, executives, board members, and contact information [5], W. Duncan MacMillan, and James and Margaret Cargill died in 2006. The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. Retired Chairman and Chief Executive Officer of Cargill. [34], Cargill heiress Marion MacMillan Pictet (19322009) ranked #176 on Forbes list in 2010 with a net worth of $4.5 billion,[43][44][45] an increase over $4.3 in 2009. In 1936, when Cargill Incorporated was formed with the merger of various Cargill businesses, John MacMillan, Sr. handed the presidency to a third generation of the Cargill-MacMillan family, his son John MacMillan, Jr.[18] By this time, Cargill Inc had offices in Canada and Italy, as well as many subsidiaries across the United States. He remained as Cargill CEO for 3540 years. Musk Made a Mess at Twitter. Will His AI Plans Be Any Different? Cloudflare Ray ID: 7a301f44c8a92e9b Brent Reitz | Board Member Brent Reitz was named President of Adventist HealthCare's Post-Acute Care Services division, a combination of Rehabilitation, Home Care and Care Navigation service lines, in December of 2019. Dismiss. Roger Watchorn is joining the company's executive team as leader of Cargill's Agriculture Supply Chains (CASC) business, which also includes the company's Ocean Transportation and World Trading Group. Jen studied at Illinois State University. Cision Distribution 888-776-0942 He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. [4] By 1900, the Cargill Elevator Company was a major Midwestern force. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors . Zippia gives an in-depth look into the details of Cargill, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cargill. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. All Rights Reserved. Cargill married Ellen "Ella" Theresa Stowell, and they had four childrenWilliam "Will" Samuel Cargill, Edna Clara Cargill (18711963),[32] Emma Cargill, and Austen Cargill (died 1957)the second generation of the Cargill family. When Cargill sold its 64-percent stakes in Mosaic in 2011, the two nonprofits exchanged the private Cargill stock for 114.5 million shares of the public Mosaic stock. Here are further demographic highlights of the leadership team: Chairman and Chief Executive Officer of Cargill, Incorporated, a privately held company and world-leading producer and marketer of food, agricultural, financial, and industrial products and services. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. [1] The magazine listed the family's estimated net worth as $38.8 billion and the source of their wealth as Cargill Inc.[1] By 2019, "23 members of the Cargill-MacMillan family own 88% of [Cargill Inc]. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament.