8-KLeadership ChangesExhibits & Filings

Archer-Daniels-Midland Co 8-K Report, Executive Changes (Dec 21, 2006)

Filed December 21, 2006For Securities:ADM

Summary

Archer-Daniels-Midland Company (ADM) filed a Form 8-K on December 21, 2006, to report a key executive appointment. Effective December 15, 2006, John Stott, aged 39, was appointed Vice President and Controller of the Company. This change in leadership within the controller's office is a significant event for investors monitoring the company's financial reporting and internal controls. Mr. Stott succeeds Steven Mills, who has been elevated to the position of Senior Vice President - Strategic Planning. This internal promotion signifies a potential reshuffling of responsibilities and strategic focus within ADM's senior management. Investors should note the details of this press release, furnished as an exhibit, for further context on the transition and the strategic direction indicated by Mr. Mills' new role.

Key Highlights

  • 1John Stott appointed Vice President and Controller, effective December 15, 2006.
  • 2Mr. Stott is 39 years old at the time of his appointment.
  • 3Steven Mills, the previous Controller, has been appointed Senior Vice President - Strategic Planning.
  • 4The report was filed on December 21, 2006, with the earliest event reported on December 15, 2006.
  • 5The appointment is detailed in a press release furnished as Exhibit 99.
  • 6This filing relates to a change in principal officers as per Item 5.02(b) and (c) of Form 8-K.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report the appointment of a new Vice President and Controller, John Stott, and the reassignment of the former Controller, Steven Mills, to a new senior role.

John Stott is the new Vice President and Controller of Archer-Daniels-Midland Company, appointed effective December 15, 2006. He was 39 years old at the time of his appointment.

Steven Mills, who previously served as Controller, has been appointed Senior Vice President - Strategic Planning.

More details about these executive changes can be found in the press release dated December 15, 2006, which is furnished as Exhibit 99 to this Form 8-K filing.