Insights and Stories on ADM

ADM shareholder presses CEO to resign as criminal probe continues

Dec. 30, 2024 at 6:03 pm CST

A shareholder of agribusiness Archer-Daniels-Midland is pressing the company's CEO to resign for failing to clearly tell investors about problems with its internal accounting practices that have sparked a criminal investigation first reported by Reuters.

ADM posts drop in Q3 earnings in delayed report, revises segment core profit

Nov. 18, 2024 at 4:55 pm CST

By Reuters

ADM says top compliance officer is leaving the company

Nov. 14, 2024 at 10:19 am CST

By P.J. Huffstutter Reuters Sourasis Bose

Grains merchant ADM slides on fresh accounting errors, profit forecast cut

Nov. 5, 2024 at 10:49 am CST

By Mrinalika Roy Reuters Sourasis Bose

ADM accused of misconduct, lack of safety inspections after explosion hurt US worker

Oct. 17, 2024 at 4:38 pm CDT

By P.J. Huffstutter Reuters

ADM says its head of global supply leaving company

Jun. 4, 2024 at 4:58 pm CDT

Camille Batiste, Archer-Daniels-Midland's senior vice president of global supply chain and procurement and a member of its executive council, is leaving the company next month, according to an internal email seen by Reuters on Tuesday and later confirmed by ADM.

By Reuters

ADM CFO to resign as company faces US government investigation

Apr. 22, 2024 at 5:36 pm CDT

Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.

By Ana Mano Karl Plume Reuters

ADM announces plan to address accounting issues, posts earnings miss

Mar. 12, 2024 at 10:23 am CDT

Global grains merchant Archer-Daniels-Midland announced a plan to fix accounting issues that caused it to correct certain transactions in six years of financial results on Tuesday, though it warned the plan would take time to implement.

By Karl Plume Reuters Sourasis Bose

Accounting probe hits ADM as crop glut, lower margins point to tough 2024

Jan. 23, 2024 at 11:15 am CST

An investigation into accounting practices in Archer-Daniels-Midland's ADM.N Nutrition segment could not come at a worse time for the company as sinking crop prices look set to erode profit for its core grain trading and processing businesses this year.

By Karl Plume Reuters

ADM CFO placed on leave, shares tumble on probe into nutrition unit,

Jan. 22, 2024 at 9:37 am CST

Shares of Archer-Daniels-Midland ADM.N slid 16 per cent in early morning trade on Monday after CFO Vikram Luthar was placed on administrative leave as the company investigates certain accounting practices at its Nutrition segment.

By Reuters

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