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. California Weighs $360,000 in Reparations to Eligible Black Residents. Cloudflare Ray ID: 7a301f44c8a92e9b [16]:xiii Until 1960, when Edwin Kelm was named as president of Cargill Inc, the company's history had been marked by "family complexity". Click to reveal This button displays the currently selected search type. His strategies were sometimes "under the scrutiny of the government". Your IP: 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. He also currently serves on the board of directors of the Cleveland Clinic. Aerospace & Defense category Boeing nominates first Europe-based board member, . He was elected to the Cargill board of directors in August 2000 and elected chairman of the board in September 2007. Vice Chair of the Audit Committee and member of the Governance Committee.Mr. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Company profile page for Cargill Inc including stock price, company news, press releases, executives, board members, and contact information For more information, visit Cargill.com and our News Center. This combination of proven people, operational and market leadership make him a valuable addition to our board," said David MacLennan, Cargill's chairman and CEO. 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. Cargill provides food, agriculture, financial and industrial products and services to the world. "[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. Their son, Andrew C. Liebmann, is currently on the Cargill board of directors. [33] Whitney MacMillan (1929 2020)Cargill MacMillan Sr's second oldest sonled the company from 1976 to 1995. Performance & security by Cloudflare. Retired Chairman and Chief Executive Officer of Cargill. [10], In 2016, there were major changes in Cargill Inc. under non-family Cargill CEO David MacLennan, which included streamlining the company, making major cuts and divestments, restructuring, and acquisitions. 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 "[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". 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. This website is using a security service to protect itself from online attacks. [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. He has a global perspective, with deep understandings of manufacturing economics, performance through technology, sectoral change and market volatility, geopolitical risk and more. Dismiss. The tank plus-up, which Ukrainian ambassador to the United Kingdom Vadym Prystaiko announced on Saturday, should come as no surprise. He is past-chair of the board of Big Brothers Big Sisters of America, past president of the Northern Star Council of the Boy Scouts of America and continues to serve on both boards as well as the board of Alight (formerly known as the American Refugee Committee). Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. 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. He now serves on the University of California, Davis Chancellor's Board of Advisors. 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. The remaining 10 percent was owned by Cargill employees. [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. Additionally, Ishrak joined the board of Intel in January 2020 as an independent chairman. Cargill has 166,000 employees, of which 34 are in a leadership position. [1] Fourteen of the family members were still billionaires in 2019. 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 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. Director of Ecolab since 2015. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. 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. This website is using a security service to protect itself from online attacks. [26] He is "generally credited with successfully running Cargill "when the company realized much of its growth. 9% of employees are Black or African American. NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. Watson retired from Chevron and its board after a distinguished 37-year career at the company. 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. The action you just performed triggered the security solution. Cargill, Minneapolis Carlson CEO Trudy Rautio was elected to the board of directors. Brands, Inc., as independent director of the company and a member of the board's Audit Committee and Nominating and Corporate Governance . In January 2020, Ishrak was named independent chairman of the board of the board of Intel. 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[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. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. [30] In 2014, 34-year-old astrophysicist, Andrew Cargill Liebmannthe son of Marianne Cargill Liebmannreplaced his uncle who had retired from the board. [30] A new generation of the Cargill family was appointed to the board of directors, according to the Wall Street Journal. "[3] As the world economy collapsed and the price of fertilizer decreased, the "food family's fortune" suffered. Board Member . Virginia (Ginni) M.. 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. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. Watson joins six other independent directors on Cargill's board: Richard H. Anderson, president and chief executive officer of Amtrak; Louis R. Chnevert, retired chairman and chief executive. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. 2023 Forbes Media LLC. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. [34][35], The third generation also includes the daughter and son of Austen Cargill and Anne Ray. "[14], This article is about the Cargill-MacMillan U.S. business family. [4] Liebman's mentorship included a tour of the company's interests in India, China and Singapore. [28] A Star Tribune article at the time of his retirement, said that prior to Staley's tenure, Cargill was considered to be "the agricultural industry's version of the CIA". Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. [10], While the "low-profile family" owns Cargill, and there are six family members on the 17-member board, family members have not been part of running the company since 1995, when Whitney MacMillan, who had served as Cargill's chairman and chief executive officer (CEO) since 1976, stepped down as chief executive in 1995. The museum, currently . Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. Human Rights More . [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. Company profile page for Cargill Corp including stock price, company news, press releases, executives, board members, and contact information Global Solution Architect & Solution Owner - Supply Chain Planning, Group CIO/BRM - Global Edible Oil Solutions, Total number of employee profiles an organization has on Crunchbase, Total number of board member and advisor profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Number of Board Member and Advisor Profiles, VP of IT, CIO Cargill Protein, Salt and Animal Nutrition & Health, Chief Technology Officer & Vice President, Corporate Vice President & Chief Human Resources Officer, Vice President - Transportation and Logistics, Edit Board Member and Advisor Profiles Section. [11][12], The family was also the majority owner of The Mosaic Company,[11] the largest producer of potash and phosphate fertilizer in the United States. Their 2009 annual earnings dropped 15% to $3.3 billion. Cargill invested more than $10 million in 2020 to support Black, Indigenous and people of color (BIPOC) children and families in our headquarters community of Minneapolis-St Paul, the United States and beyond through education, mentoring, nutrition and digital access programs. 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. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. 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. Mr. [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. Retired Chairman and Chief Executive Officer of Cargill. Cargill has separately signed a long-term charter deal for two dry bulk ships which can be fuelled by methanol . Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARE, Cargill renew partnership to support women in agriculture during worsening global hunger crisis. John's knowledge and insights will be invaluable for Cargill and our board.". 11% of the management team is Black or African American. Bloomberg's Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to provide in-depth research and data on more than 2,000 companies and 130 industries. Win whats next. [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. Ishrak joined Medtronic as CEO in June. As the new President of Cargill Elevator Company, John H. MacMillan, Sr.Edna Cargill's husbandwas able to reassure the company's creditors. The most recent family members appointed to the board are fifth generation. "[28], In a 2007 Forbes article on "The Richest People You've Never Heard of", Cargill Inc was 90 percent owned by the Cargill-MacMillan family and was still the "largest private company in America". After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. [33], Their oldest son, Cargill MacMillan Jr (born Hennepin County, Minnesota, March 29, 1927 November 14, 2011) and his wife had four children. 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. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. His retirement from the company and its board on Feb. 1 was announced by Chevron on Sept. 28, 2017. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Your IP: Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. from 8 AM - 9 PM ET. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? All Rights Reserved. [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]. All rights reserved. [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. [33] Marion MacMillan Pictet was also included on the list with an inherited fortune of $4.3 billion. [1] Cargill may also be known as or be related to Cargill, Cargill Financial Services International, Inc., Cargill Inc, Cargill Incorporated and Cargill International SA. Cargill, Inc. Jan 21, 2021, 10:00 ET. "[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. 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. MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". Cargill Dow is building a global . [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Rautio, who was named president and CEO of Carlson in 2012, has been a senior executive with the company since 1997. . [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. 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. "[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.

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