Archer-Daniels-Midland Co false 0000007084 0000007084 2022-02-25 2022-02-25 0000007084 us-gaap:CommonStockMember 2022-02-25 2022-02-25 0000007084 us-gaap:DeferrableNotesMember 2022-02-25 2022-02-25

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D. C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 25, 2022

 

 

 

LOGO

ARCHER-DANIELS-MIDLAND COMPANY

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-44   41-0129150

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

77 West Wacker Drive, Suite 4600

Chicago, Illinois

  60601
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (312) 634-8100

 

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, no par value   ADM   NYSE
1.000% Notes due 2025     NYSE

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 25, 2022, Archer-Daniels-Midland Company (“ADM”) announced that Ray G. Young, Executive Vice President and Chief Financial Officer, will assume the additional role of Vice Chairman, in which he will provide strategic counsel on major initiatives critical to ADM’s future success. Mr. Young also plans to transition from his role as Chief Financial Officer once his successor is identified.

ADM will begin a search for ADM’s next Chief Financial Officer, including internal and external candidates with the assistance of a leading independent search firm. Mr. Young plans to continue as Chief Financial Officer until his successor is identified to facilitate a smooth transition.

A press release regarding the matters disclosed above is furnished herewith as Exhibit 99.1

 

Item 9.01

Financial Statement and Exhibits.

(d) Exhibits. The following exhibits are furnished herewith:

 

99.1    Press release dated February 25, 2022
104    Cover Page Interactive Data File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    ARCHER-DANIELS-MIDLAND COMPANY
Date: March 3, 2022     By  

/s/ D. Cameron Findlay

      D. Cameron Findlay
      Senior Vice President, General Counsel, and Secretary
Archer Daniels Midland (NYSE:ADM)
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