ADM (NYSE: ADM), a global leader in innovative solutions from nature, has announced the appointment of Carrie Nichol as Vice President and Chief Accounting Officer, effective March 1. Nichol brings over 20 years of experience in finance and accounting, having previously served as Senior Vice President, Chief Accounting Officer, and Global Process Leader at Cargill, and as Vice President, Controller, and Chief Accounting Officer at Zimmer Biomet.
In her new role, Nichol will be responsible for ADM's external and management accounting and reporting processes, internal control functions, and the insurance and risk management department. This appointment follows the transition of Vice President and Corporate Controller Molly Strader Fruit to a new role within the company as Vice President, Total Rewards and HR Operations, reporting to Chief People Officer Jennifer Weber.
ADM, known for unlocking the power of nature to enrich the quality of life, serves as an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. The company offers a broad portfolio of ingredients and solutions from nature, and is a trailblazer in health and well-being, with a range of products for consumers seeking new ways to live healthier lives. Additionally, ADM is a leader in sustainability, working to decarbonize the industries it serves.
The announcement of Carrie Nichol's appointment comes as ADM continues to strengthen its leadership team and execute its strategic priorities under the guidance of Executive Vice President and Chief Financial Officer Monish Patolawala. Today the company's shares have moved 1.5% to a price of $51.36. For the full picture, make sure to review Archer-Daniels-Midland's 8-K report.