DECATUR, Ill., Nov. 26 Archer Daniels MidlandCompany (NYSE: ADM) announced that William (Bill) Camp, executive vicepresident, has elected to retire by year end.
In August 2007, Camp took on a special assignment to advance the Company'sbusiness strategy for Asian investments and operations. That strategy work nowtransitions to the Company's strategic planning group, under the direction ofSteve Mills, senior vice president, Strategic Planning. John Rice, executivevice president, Commercial and Production, will replace Bill Camp as director,Wilmar International, Ltd.
"Bill has served as a valued member of the ADM leadership team for morethan 20 years," said ADM Chairman and CEO Patricia Woertz. "During that time,his extensive business knowledge and sound judgment have significantlycontributed to our leadership in agricultural processing and BioEnergy."
Bill Camp joined ADM in 1985. During his tenure, he managed the Company'srail, trucking and barge operations, South American division, North AmericanOilseed Processing division, and the Global Oilseeds, Cocoa and Wheat Millingoperations. He also served on the boards of directors for several ADMaffiliates. He was named senior vice president, Global Oilseeds, Cocoa andMilling in 2002. In 2005, he was named executive vice president withresponsibility for ADM's global manufacturing, grain handling andtransportation operations. He also served on ADM's Strategic PlanningCommittee since its inception in 2006.
Camp received a Bachelor's degree from the University of Illinois atUrbana-Champaign. Prior to joining ADM, he also held manufacturing managementpositions at A.E. Staley Manufacturing Company.
Archer Daniels Midland Company (ADM) is the world leader in BioEnergy andhas a premier position in the agricultural processing value chain. ADM is oneof the world's largest processors of soybeans, corn, wheat and cocoa. ADM is aleading manufacturer of biodiesel, ethanol, soybean oil and meal, cornsweeteners, flour and other value-added food and feed ingredients.Headquartered in Decatur, Illinois, ADM has over 27,000 employees, more than240 processing plants and net sales for the fiscal year ended June 30, 2007 of$44 billion. Additional information can be found on ADM's Web site athttp://www.admworld.com/.
SOURCE Archer Daniels Midland Company