Global grain trader and food processor Archer Daniels Midland (ADM) announced that it has committed a total of approximately $1 million to various organizations involved in the fight against COVID-19.
The contributions include commitments to the COVID-19 Solidarity Response Fund for the World Health Organization (powered by the United Nations Foundation), various regional and local charities focusing on COVID-19 in the areas where ADM operates, and matches to ADM employee contributions to COVID-19 relief and mitigation. ADM also has available funds for employees who have been adversely affected in this difficult time under its Colleague Emergency Fund, which provides grants to colleagues facing unusual and severe financial strain due to sudden crises outside of their control.
“This is a moment to step up for humanity," said Elizabeth Cousens, President and CEO of the UN Foundation. "And I thank ADM for their generous contribution to the COVID-19 Solidarity Response Fund. Their donation puts a stake in the ground for what is most important -- coming together, in solidarity, against a virus that affects us all.” “ADM is committed to doing our part not only to keep our colleagues and their families safe, but also to support the hundreds of global communities where we live and work,” said Chairman and CEO Juan Luciano. “Food is fundamental, especially in times like these. We are committed to playing our role in maintaining continuity throughout the entire agriculture supply chain.”
NEW PRESIDENT FOR ADM MILLING
ADM named Tedd Kruse as the president of ADM Milling. “Tedd’s extensive leadership experience and expertise will help us continue to grow and modernize our milling business as we maintain our focus on expanding our customer value proposition and driving further operational efficiencies,” said Chris Cuddy, president, Carbohydrate Solutions. “We’ve made significant enhancements and improvements to our milling business in recent years,” Cuddy added. “We realigned our production footprint in the Midwest, opening a new state-of-the-art facility in Mendota and closing three older mills. We completed a major modernization of our mill in Enid. And we’re continuing to look for new opportunities to add value for our customers and for ADM.”
Kruse joined ADM in 1993. He has held a variety of leadership positions in the company’s sweeteners and food oils businesses before assuming the role of CEO of Stratas Foods — a 50/50 joint venture between ADM and ACH Food Companies — in 2011. Kruse holds a bachelor’s degree in agricultural economics from Iowa State University.
Kevin Like, previously president, North American Milling, has taken a new leadership role in the Key Account Management group at ADM, focusing on bakery accounts.