ADM Appoints COO and Additions to Corn Unit
March 24, 2011
DECATUR, Ill.ADM announced the appointment of Juan R. Luciano as Executive Vice President and Chief Operating Officer, effective April 12. Luciano will lead the companys global operations and commercial activities. Luciano joins ADM from The Dow Chemical Company where he was an Executive Vice President of the company and President of the Performance Division.
I am very pleased to have Juan join our senior executive team and partner with us as we grow the value, earnings and size of our company," said Woertz. As our new COO, Juan will bring global manufacturing experience and a track record of operational excellence and profitable growth to accelerate our success. His extensive process and systems expertise will complement ADMs world-class commercial capabilities. He joins an exceptional team that continues its focus on delivering shareholder value as we serve vital needs for food and energy."
ADM also announced several appointments in its Corn business unit. Dennis Riddle, who announced his intention to retire within the year, was named senior advisor, Corn, to ensure an effective transition. Riddle joined ADM in 1999, was elected a corporate vice president in 2006, and most recently served as president, Sweeteners and Starches.
Chris Cuddy was named vice president and general manager, Sweeteners and Starches. Cuddy joined ADM in 1998 and has served in a range of merchandising and sales management roles. Most recently, he served as president, Almidones Mexicanos (ALMEX), SA de CV, a joint venture of Controladora ADM, SA DE CV, an indirect wholly owned subsidiary of ADM and Tate & Lyle. Prior to that, he served as vice president, Corn Processing, and as a senior commodity trader.
Alex Martinez was named president, ALMEX, in Guadalajara, Mexico. ALMEX processes corn for sweeteners and starches. Martinez joined ADM in 1997 and has served in various commercial and marketing management positions within the Oilseeds and Agricultural Services business units. He most recently served as general manager, ADM Latin America.
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