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Restructure for ADM food divisions

18-Sep-2001

American agribusiness giant Archer Daniels Midland Company announced on September 17 the restructuring of its Food and BioProducts Divisions to strengthen the company's global focus on its core food and feed operations, as well as its functional foods and ingredients. With the new restructuring, each of the three operations, ADM Natural Health and Nutrition (value-added products), ADM Specialty Ingredients (food), and ADM BioProducts and Feed (feed), will function as a distinct division with its own leadership. All these divisions will report to John Rice, Senior Vice President, Food and BioProducts Divisions. "This new alignment will enable us to capitalise more effectively on the opportunities in each of these three important product areas," said ADM President John McNamara. "Now, we have focused efforts in all three sectors, with strong leadership and well-aligned global strategies. We've brought the right people together with the right assets, and it's going to make a difference in the way they operate and add value to our customers." Tony P. DeLio has been named President, ADM Natural Health and Nutrition, which includes the business units of nutraceuticals, functional foods and ingredients. He will be responsible for the management of the company's functional food products, ingredients and supplements such as Vitamins E and C, Novasoy® isoflavones, sterols and DAG oil. ADM Natural Health and Nutrition will also include former Protein Specialties branded products NutriSoy,® Soy 7™, Haldane Foods and analogue products.


Scott B. Fredericksen has been named President, ADM Specialty Ingredients, which includes the business units of proteins, specialty fats and emulsifiers and food additives. He will be responsible for the management of products such as soy protein concentrates and isolates, lecithins, citric acid, sorbitol, xanthan gum, dehydrated beans, pasta and hydroponics/aquaculture.


J. Kevin Burgard has been named President, ADM BioProducts and Feed, which includes the business units of BioProducts, Animal Health and Nutrition, Moorman's Inc. and Consolidated Nutrition.

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