The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. This button displays the currently selected search type. Board Member . Passes Away", "The Secretive Cargill Billionaires And Their Family Tree", "The Last Cargill Family Member To Run The Giant Agribusiness Company Has Died", "Biography paints intimate portrait of the clan that built Cargill", "Cargill's retired CEO, wife now cultivate philanthropy", "Cargill MacMillan Jr., Agribusiness Heir, Dies at 84", "Cargill moving out of longtime HQ, reshaping business", "Billion-Dollar Clans: America's 25 Richest Families 2016", "#176 Marion MacMillan Pictet - Forbes.com", https://en.wikipedia.org/w/index.php?title=Cargill_family&oldid=1137404620, This page was last edited on 4 February 2023, at 13:15. In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. All Rights Reserved. [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. Cargill, Pinnacle Foods Appoint New Board Members Cargill's North American protein business, headquartered in Wichita, has donated $500,000 to support the relocation of the Kansas African American Museum. 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 According to Forbes, 8 of the family members are billionaires. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. [19]:249 Starting in 1960, "family complexity" ceased to dominate and was "replaced by a generalized professionalism. Cargill Inc - Company Profile and News - Bloomberg Markets Cargill provides food, agriculture, financial and industrial products and services to the world. Brian Sikes President and Chief Executive Officer Julian Chase Business Operations and Supply Chain Pilar Cruz Chief Sustainability Officer Ross Hamou-Jennings Chair of Asia Pacific Jennifer Hartsock Chief Information and Digital Officer Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . How has the Suns' new starting group performed? The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. Board Member Board Member GLSEN May 2019 - Present 3 years 10 months. [7], The exact wealth of the family is unknown, as the Cargill company is a privately owned business entity with no obligation to disclose exact ownership. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. [20][21] His estimated net worth was $2.6 billion when he died. Over the years, he held a number of positions in the United States and Singapore. In announcing the winner Forbes said that "Not only is she almost entirely unknown, but the heiress to the Cargill agribusiness fortune passed away in 2006. Cision Distribution 888-776-0942 "John brings a wealth of experience from his long career at Chevron. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. MacLennan has served as Chairman of the Board of Cargill since 2015 and as Chief Executive Officer since 2013. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. This combination of proven people, operational and market leadership make him a valuable addition to our board., We use cookies to provide you with a better experience. 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 The company was founded in 1865 when W.W. Cargill started a grain storage business in Conover, Iowa. Jobs People Learning Dismiss Dismiss. He also currently serves on the board of directors of the Cleveland Clinic. Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. The third generation included the four children of Edna and John H. MacMillan Sr (18691940)John H. MacMillan Jr (18951960) and his wife Marion Dickson (18921980)John Hugh MacMillan III (19282008), Whitney Duncan MacMillan (19302006), and Marion MacMillan Pictet (19302009), who had a daughter, Gwendolyn Sontheim Meyer who had two children. The company's products include grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. The museum, currently . Diversity, Equity and Inclusion. What a difference three - Cargill She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Prior to these roles, Mr. MacLennan held several other positions with Cargill, including Chief Financial Officer, President of Cargill Energy and Managing Director of the Value Investment Group. 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. 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). The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Join now Sign in . [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). . . Their 2009 annual earnings dropped 15% to $3.3 billion. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. [15], In 2019, Forbes described Cargill Inc as an "international producer and distributor of agricultural products such as sugar, refined oil, chocolate and turkey" that also "provides risk management, commodities trading and transportation services. Dr. Omar Ishrak elected to Cargill Board of Directors [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. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. All rights reserved. Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. "[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. MINNEAPOLIS - Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. 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). [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". Virginia (Ginni) M. Rometty elected to Cargill's Board of Directors Page is on the board of the following public companies in addition to 3M: Eaton Corporation, Deere & Company. Cargill - Wikipedia Cargill elects John Watson to Board of Directors - PR Newswire We combine 155years of experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. Together, they are working to make Cargill the most trusted partner in food, agriculture and nutrition. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. Watson retired from Chevron and its board after a distinguished 37-year career at the company. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. 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[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. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. "[27] He was the last Cargill "family member to serve as chief executive officer". MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. Cargill, Inc. Jan 21, 2021, 10:00 ET. Musk Made a Mess at Twitter. We have 155,000 employees in 70 countries who are committed to . 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. [1] Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. [7] In 2009, Forbes listed the net worth of Cargill MacMillan Jr at an estimated $4.3 billion. When W. W. Cargill died in 1909, Cargill Inc faced a "fiscal crisis". We have 155,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. 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. "Omar's deep international. [4] Richard Cargill was also appointed to the Cargill board of directors to replace a retired Cargill relative. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. There are approximately 90 family members that together own 88% of the company. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Under his leadership, Medtronic realized their mission and purpose, introducing products that improved the lives of patients around the world. 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. Pedro Cortez Cargill - Board Member - Atipicus | LinkedIn Board Members - Margaret A. Cargill Philanthropies MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. Cision Distribution 888-776-0942 2023 PitchBook. Stone joins 15 other members on Cargill's board, including independent directors Richard H. Anderson, retired chairman of Delta Air Lines, Inc.; Louis R. Chnevert, retired chairman and chief. Watson earned a bachelor's degree in agricultural economics from the University of California, Davis in 1978 and a master's degree in business administration from the University of Chicago Booth School of Business in 1980. 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. John's knowledge and insights will be invaluable for Cargill and our board.". 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.
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