Archer Daniels Midland : ADM Appoints Erik Heggen to Lead North American Refined Oils Group
March 21, 2016 at 05:19 pm EDT
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3/21/2016
CHICAGO, March 21, 2016-Archer Daniels Midland Company (NYSE: ADM) has named Erik Heggen president, North American Refined Oils. Heggen joined ADM in 2001 and has held key roles in the North American Refined Oils group since 2008.
In his new role, Heggen will be responsible for overseeing ADM's North American vegetable oil refineries and ADM's oils and fats product portfolio in the region.
'Erik has been instrumental in delivering great service to our Refined Oils customers by paying close attention to evolving customer needs and leveraging technology, especially to help drive our customer profitability capabilities,' said Greg Morris, ADM senior vice president and president, Global Oilseeds. 'We are pleased to have him now leading this business to continue driving results forward for our customers and the Refined Oils team.'
Heggen replaces Ray Bradbury, who was recently appointed president, risk management, for ADM's Corn business unit.
About ADM
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we're one of the world's largest agricultural processors and food ingredient providers, with more than 32,300 employees serving customers in more than 160 countries. With a global value chain that includes 428 crop procurement locations, 280 ingredient manufacturing facilities, 39 innovation centers and the world's premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company
Media Relations
Jackie Anderson
media@adm.com
312-634-8484
ADM - Archer Daniels Midland Company issued this content on 21 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 March 2016 21:18:25 UTC
Original Document: http://www.adm.com/en-US/news/_layouts/PressReleaseDetail.aspx?ID=710
Archer-Daniels-Midland Company is one of the world's leading transformers of agricultural products into food ingredients, fuels, and industrial products. Net sales break down by activity as follows:
- agricultural services (78.3%): manufacturing and sale of oilseed-based products, raw materials trading, transportation, storage, etc.;
- manufacturing and sale of cereal grain-based products (13.8%): flours, starches, glucose, acidulants, sweeteners, dextrose, amino acids, etc.;
- manufacturing of flavors and ingredients (7.5%);
- other (0.4%).
Net sales are distributed geographically as follows: the United States (42.6%), Switzerland (21.5%), Cayman Islands (5.8%), Brazil (3.9%), Mexico (3.7%), Canada (2.2%), the United Kingdom (2.2%) and other (18.1%).