01—Abstract
Summary
Summary of the 8-K filed August 12, 2026. Cited figures are marked; the original filing is the authoritative source.
Archer-Daniels-Midland Co (ADM) announced on August 12, 2026, that Lei Z.
Schlitz will be resigning from her position as a director on the Board, effective December 31, 2026. This decision stems from a voluntary material change in her principal employment.
Ms. Schlitz's departure is amicable and is not attributed to any disagreements regarding the Company's operations, policies, or practices. The Board has expressed gratitude for her contributions and service.
02—Key points
Key Highlights
- Director Lei Z. Schlitz to resign effective December 31, 2026.
- Resignation is due to a voluntary material change in Ms. Schlitz's principal employment.
- The departure is not related to any disagreements with the Company.
- Ms. Schlitz will remain on the Board until the end of the year.
- The Board of Directors has accepted the resignation.
- The Nominating and Corporate Governance Committee recommended the acceptance of the resignation.
03—Questions
Frequently Asked Questions
Why is Lei Z. Schlitz resigning from the ADM Board of Directors?
Ms. Schlitz is resigning due to a voluntary material change in her principal employment.
When will Ms. Schlitz's resignation be effective?
Her resignation will be effective on December 31, 2026.
Is Ms. Schlitz's departure due to any disputes or disagreements with ADM?
No, the filing explicitly states that Ms. Schlitz's resignation is not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices.
Will Ms. Schlitz continue to serve on the Board in the interim?
Yes, Ms. Schlitz has been asked to remain on the Board through the end of the year, with her resignation becoming effective on December 31, 2026.
04—Continue