"[19]:249 The involvement of the family was more in the role of ownership, instead of management and directing. When all of these Mosaic shares are finally sold, the two charities could become "two of the wealthiest grant makers in the United States. Cargill Board Members Name & TitleBio David MacLennan CEO Chairman and Chief Executive Officer of Cargill, Incorporated, a privately held company and world-leading producer and marketer of food, agricultural, financial, and industrial products and services. The third generation included the four children of Edna and John H. MacMillan Sr (18691940)John H. MacMillan Jr (18951960) and his wife Marion Dickson (18921980)John Hugh MacMillan III (19282008), Whitney Duncan MacMillan (19302006), and Marion MacMillan Pictet (19302009), who had a daughter, Gwendolyn Sontheim Meyer who had two children. In announcing the winner Forbes said that "Not only is she almost entirely unknown, but the heiress to the Cargill agribusiness fortune passed away in 2006. Director of Ecolab since 2015. Page also serves as non-executive Chairman of the Board of Corteva Agriscience.Director since 2016. [3], By 2009, the Cargill family had "owned common equity in the company for over 140 years. This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. This Supreme Court Case Could Redefine Crime, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, More Iranian Schoolgirls Sickened in Suspected Poisoning Wave, No Major Offer Expected on Childcare in UK Budget, Data Fraud Is Focus To Bolster Chinas Lackluster Carbon Market, China Gives New Backing to Coal Even as Clean Energy Accelerates, This Former Factory Is Now New Taipeis Edgiest Project, What Do You Want to See in a Covid Memorial? None of the information on this page has been provided or approved by Cargill. 11% of the management team is Black or African American. [1][41] In 2016 their revenue was estimated at USD$49 billion,[10] and $113.5 billion in 2019. MINNEAPOLIS Omar Ishrak, PhD, former executive chairman and chief executive officer of Medtronic, has been elected to the board of directors at Cargill. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. The data presented on this page does not represent the view of Cargill and its employees or that of Zippia. Even so, with each successive generation, the pieces of the Cargill ownership pie get smaller and smaller. [5][6], By 2019, Cargill Inc had been listed as America's largest private company since 1986, in all but two years that Forbes has maintained the list. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARGILL STRENGTHENS EXECUTIVE TEAM WITH THE APPOINTMENTS OF JOANNE KNIGHT AS CHIEF FINANCIAL OFFICER, PHILIPPA PURSER AS HEAD OF STRATEGY AND GLOBAL PROCESS LEADER, BASF and Cargill further expand their partnership to offer high-performance enzyme solutions to animal protein producers in the United States. Performance & security by Cloudflare. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. [33], Marianne Cargill Liebmann's net worth was $3.1 billion in 2020. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, CARE, Cargill renew partnership to support women in agriculture during worsening global hunger crisis. [1] The company "generates $108 billion in annual revenues". Cargill CEO And Leadership: Executives and Demographics - Zippia Producer of agriculture products and provider of financial services intended to serve farmers, producers, manufacturers, retailers, governments and others. Cargill-MacMillan family - Forbes [34], Cargill heiress Marion MacMillan Pictet (19322009) ranked #176 on Forbes list in 2010 with a net worth of $4.5 billion,[43][44][45] an increase over $4.3 in 2009. MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors. Thailand Spent $13 Billion in Three Years to Fight Pandemic, UN Finalizes Global Deal on Marine Biodiversity Jurisdiction, Bank of Canada Risks Falling Too Far Behind Fed, Scotia Says, Feds Daly Says More Rate Hikes Likely Needed to Cool Inflation, Colombia Prices Rise Less than Forecast to a Fresh 24-Year High, Rivian Tells Staff EV Output May Be 24% More Than Forecast. He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. Bernard Poussot Board Member 2010 David MacLennan Board Member 2022 Gregory Page Board Member Ginni Rometty Board Member 2022 Richard Anderson Board Member Louis R. Chenevert Board Member Choose the right Crunchbase solution for you Start Your Free Trial Crunchbase News This website is using a security service to protect itself from online attacks. Cargill Dow is building a global . 3M - Governance - Board of Directors [36] The two children of their oldest son, James R. (Susan) Cargill II (born 1949), whose hometown was Birchwood, Wisconsin. She was on the list of billionaires in 2010. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. Ishrak grew up in Bangladesh. Click to reveal In 2000, Watson led the integration following the Chevron-Texaco merger and became the company's chief financial officer. Virginia (Ginni) M.. Related by financial asset: Cargill, Inc. Resides in Minneapolis-St. Paul, MN Metropolitan Area. The museum, currently . Cloudflare Ray ID: 7a301f44c8a92e9b Marianne Liebmann studied at Montana State University, where she received a Bachelor of Arts degree. Board Member . The two branches of the familythe MacMillans and the Cargillscontinue to be represented on the board of directors of Cargill Incorporated. The Cargill company and familywho had at least 14 billionaireswere "famously quiet", living "extremely private lives, many of them on ranches and farms in Montana," according to Forbes. [18] He saved the company from bankruptcy and created a work environment that fostered a loyal and dedicated workforce. He also currently serves on the board of directors of the Cleveland Clinic. By continuing to browse the site you are agreeing to our use of cookies in accordance with our. [8] The Cargill family had at least 14 billionaires. . [39], By 2016, the fifth generation of the Cargill family was represented on Cargill Inc's board of directorsAndrew Cargill Liebmann and Richard Cargill. Human Rights More . 2023 Forbes Media LLC. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. Leadership | About Us | John Deere US MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. His strategies were sometimes "under the scrutiny of the government". Mr. 9% of employees are Black or African American. [2], John Hugh MacMillan III (19282008), who worked for Cargill Inc for 35 years, from 1955 until his retirement in 1990 and served on the board of directors for many years,[22] was on the 2007 Forbes list of billionaires, with an estimated net worth of $1.7 billion. China Emphasizes Whole Nation Stance on Tech as US Curbs Bite, China Aims to Boost Grain Capacity Under New Food Security Push, The UK Is Using Drones to Prosecute Small-Boat Migrant Smugglers, Estonias Premier Faces Far-Right Test With NATO Unity at Risk, Japan Planning Steps to End South Korea Trade Rift, Yomiuri Says, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Porsche, Ferrari E-Fuel Push at Heart of EU Engine Debate, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, Chinas 5% GDP Target SignalsCrackdowns Are Not Over. [14], In 2012, the unknown heiress Margaret Anne Cargill, posthumously earned the #1 spot in the Chronicle of Philanthropy's annual list of America's 50 most generous donors. [16]:xxxi Cargill's wealth increased, as the Great Plains were transformed into a breadbasket, providing grain to the country, and the railroads expanded east to west in the last quarter of the nineteenth century. Page serves as a member of the board of directors of Eaton Corporation, 3M Company, and . To view Cargills complete valuation and funding history, request access, To view Cargills complete patent history, request access, Youre viewing 5 of 133 executive team members. Your IP: The four children of their second oldest son, Cargill MacMillan Sr (19001968) and his wife Pauline Whitney (19001990) are also second generationCargill MacMillan Jr (19272011), Whitney MacMillan (1929-2020), Alice Whitney MacMillan (19321932), and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota). Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. [16]:xiii The second generation of the Cargill family branched into the Cargills and the MacMillans. [28] The article described how Cargill had changed in the 1990s as technology improved and global markets became more open, with Cargill expanding into commodity trading and investments "from Vietnam to Argentina. He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. The employee data is based on information from people who have self-reported their past or current employments at Cargill. [10], While the "low-profile family" owns Cargill, and there are six family members on the 17-member board, family members have not been part of running the company since 1995, when Whitney MacMillan, who had served as Cargill's chairman and chief executive officer (CEO) since 1976, stepped down as chief executive in 1995. He held the offices of Chief Operating Officer and President from 2011 until his appointment as Chief Executive Officer in 2013. Musk Made a Mess at Twitter. Cargill family - Wikipedia 4 Billionaire Cargill Heir Sisters Fall Off Forbes 400 2019 "[1], A review of William Duncan MacMillan's 1998 book MacMillan: The American Grain Family,[31] described the MacMillans as "one of Minnesota's wealthiest clans" and "one its most doggedly secretive". He is past-chair of the board of Big Brothers Big Sisters of America, past president of the Northern Star Council of the Boy Scouts of America and continues to serve on both boards as well as the board of Alight (formerly known as the American Refugee Committee). [33] The net worth of her daughter, Gwendolyn Sontheim Meyer (born 1961/62), the great-great-granddaughter of William W. Cargill, was $4.4 billion in 2020, placing her #680 on the richest people in the United States in 2020. She began her career in banking, working at Citibank, Sandler O'Neill, and AmeriBank, respectively. Mary Janet Morse Cargill (85), who lived in Minneapolis, was the widow of James R. Cargill (19232006) of the second generation. [33][39] Three of Cargill MacMillan Sr's four children Whitney MacMillan, Alice Whitney MacMillan, and Pauline MacMillan Keinath (born 1934 in Hennepin County, Minnesota),[33] were on "The 400 Richest Americans 2009" with a listed revenue of $4.3 billion each. Amazons Daisy Jones & The Six Tops Music And TV Charts, China Aims For Its Gross Domestic Product To Expand Around 5% In 2023, Todays Wordle #624 Hint, Clues And Answer For Sunday, March 5th, UFC 285 Results: Cody Garbrandt Defeats Trevin Jones In Return To The Octagon, The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Desperate Russian Forces Are Sticking 80-Year-Old Naval Guns On 70-Year-Old Armored Tractors, Saturday, March 4. How has the Suns' new starting group performed? [30] A new generation of the Cargill family was appointed to the board of directors, according to the Wall Street Journal. The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. Lucy MacMillan Stitzer, a member of the Cargill-MacMillan family, former Cargill board member, and founder of the Dirt to Dinner blog, has extensive experience in agriculture, banking, investments, and corporate governance. Four new leaders join Cargill's executive team | Cargill Cargill testing new sail technology for cargo ships to cut emissions Neither of the new board members, who were both in their mid-thirties, have ever worked for the company, but "they have taken corporate governance courses". [1] Fourteen of the family members were still billionaires in 2019. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. He remained as Cargill CEO for 3540 years.