Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. [14] For many years the charities could not access the funds because it would mean liquidating "private Cargill stock". The Cargill-MacMillan family owns Cargill, one of America's largest private companies with revenues of $114.6 billion. [7], The exact wealth of the family is unknown, as the Cargill company is a privately owned business entity with no obligation to disclose exact ownership. Cargill testing new sail technology for cargo ships to cut emissions There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The three others are third generationAusten S. Cargill II (58) in Livingston, Montana, James R. Cargill II (60) Birchwood, and Marianne Cargill Liebmann (56) in Bozeman. Dismiss. [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. The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 October 17, 1909) and his son-in-law John H. MacMillan Sr. [38], His daughter, a fourth generation member, Marianne Cargill Liebmann (born 1953) married Steve Liebmann. The former undrafted free agent's contract includes $1.4 million in remaining guaranteed salary. His strategies were sometimes "under the scrutiny of the government". The Company produces grains and oilseeds and provides farmer services and risk management solutions, as well as offers animal nutrition, biofuels, meat and poultry, food, and industrial products. 'Daisy Jones & The Six' is breaking records and topping charts. Board Member Segetis Jan 2008 - Aug 2012 4 years 8 months. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. With fourteen billionaires in the family in 2019,[1][8] the Cargill family has more individual billionaires among its members than any other family anywhere in the world,[9] making them the family with the most wealthy members in history. Jobs People Learning Dismiss Dismiss. "[27] He was the last Cargill "family member to serve as chief executive officer". He attended Oregon State University and University of Minnesota. Cargill, Minneapolis Carlson CEO Trudy Rautio was elected to the board of directors. Agricultural Supply Chain & Corporate Trading, Business Operations and Supply Chain, Chief Transformation Officer. Cargill names new board member | 2021-01-21 | MEAT+POULTRY The museum, currently . He was elected to the Cargill Board of Directors in 2000 and elected Chairman of the Board in 2007. MacMillan Jr, who was a "longtime" member of Cargill Inc board of directors, had "no day-to-day role in the company". Cision Distribution 888-776-0942 [10], In 2016, there were major changes in Cargill Inc. under non-family Cargill CEO David MacLennan, which included streamlining the company, making major cuts and divestments, restructuring, and acquisitions. [11], By 2011, Cargill had "nearly $120 billion in revenue and 130,000 employees in 63 countries. [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. Kevin Cargill serves as the Vice President and Chief Financial Officer of Adventist HealthCare White Oak Medical Center. Austen Cargill (died 1957) married Anne Ray. Click to reveal [1] The "family reportedly keeps 80% of Cargill Inc.'s net income inside the company for reinvestment annually. She has worked as Chief Information Officer at Baker Hughes, CIO:Construction Industries at Caterpillar Inc., and Chief Information Officer at GE Oil & Gas. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Passes Away", "The Secretive Cargill Billionaires And Their Family Tree", "The Last Cargill Family Member To Run The Giant Agribusiness Company Has Died", "Biography paints intimate portrait of the clan that built Cargill", "Cargill's retired CEO, wife now cultivate philanthropy", "Cargill MacMillan Jr., Agribusiness Heir, Dies at 84", "Cargill moving out of longtime HQ, reshaping business", "Billion-Dollar Clans: America's 25 Richest Families 2016", "#176 Marion MacMillan Pictet - Forbes.com", https://en.wikipedia.org/w/index.php?title=Cargill_family&oldid=1137404620, This page was last edited on 4 February 2023, at 13:15. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. [42], Four members of the Cargill family ranked 220 on "The 400 Richest Americans 2009" list, each with a net worth of $1.6 billion. Cargill has 166,000 employees, of which 34 are in a leadership position. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. [1] Descendants of Cargill and MacMillan have owned common equity in the "agribusiness giant" Cargill Inc, one of the largest privately owned corporations in the United States,[2][3] for over 140 years. Cargill-MacMillan family - Forbes Their 2009 annual earnings dropped 15% to $3.3 billion. [18] John MacMillan, Jr. was described as "mercurial", "innovating", and "difficult". NatureWorks polylactide (PLA)1 is a versatile polymer produced by Cargill Dow LLC. For the aristocratic family, see, Five generations of the Cargill-MacMillan family, "The 28 richest billionaire families in America, ranked", "The Richest People You've Never Heard Of", "David MacLennan on how agri-major Cargill turned a global crisis into an opportunity", "America's Largest Private Companies 2019", "14 Cargill heirs on Forbes' list of billionaires, more than any family in world", "James R. Cargill II - The Forbes 400 Richest Americans 2009", "Bloomberg, Mosaic Says Fertilizer Prices to Remain 'Challenging' Into 2014, 5 November 2013", "This Year's Most Generous Billionaire Philanthropist Has Been Dead Since 2006", "Obituary: Cargill MacMillan, 84, company heir", "Secretive Billionaire Cargill MacMillan Jr. Previously, he was president and CEO of GE Healthcare Systems and held positions at Diasonics/Vingmed and Philips Ultrasound. As the new President of Cargill Elevator Company, John H. MacMillan, Sr.Edna Cargill's husbandwas able to reassure the company's creditors. MacMillan offers the closest look yet at the private lives behind the largest privately held company in the world.[27]. "[23], According to a March 2, 2015 article in the Business Insider, Cargill Inc had "75 businesses employing 143,000 people in 67 countries" with a yearly revenue in 2013 of over $134 billion. Stephanie Lundquist is joining Cargill as the company's new Chief Human Resources Officer (CHRO) and a member of its executive team. Cargill invested more than $10 million in 2020 to support Black, Indigenous and people of color (BIPOC) children and families in our headquarters community of Minneapolis-St Paul, the United States and beyond through education, mentoring, nutrition and digital access programs. None of the information on this page has been provided or approved by Cargill. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ --Dr.Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors. In an article entitled, "The Richest People You've Never Heard Of", Forbes estimated that the fortunes of the MacMillans were worth $1.2 billion each, and that of James and Margaret Cargill were estimated at $1.8 billion each. [30], The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. 11% of the management team is Black or African American. The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 - October 17, 1909) and his son-in-law John H. MacMillan Sr. Aerospace & Defense category Boeing nominates first Europe-based board member, . 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". Over the years, he held a number of positions in the United States and Singapore. [4] Following the death of William Cargill in 1909, his son-in-law John MacMillan steered the company out of a debt crisis and into stability. Cargill - Wikipedia Omar has a strong record of building diverse and inclusive workplace cultures, and driving partnerships in worldwide markets, most notably in Asia. He received a bachelors of science degree and a doctorate in electrical engineering from the University of London, Kings College. Edna Clara Cargill (18711963) married John H. MacMillan Sr (18691940). This represents about $6 billion, which would make these two charities "two of the wealthiest grant makers in the United States. Their daughter, Margaret Anne Cargill (19202006), who never married, was a philanthropist. 9% of employees are Black or African American. The most common ethnicity among Cargill executive officers is White. All Rights Reserved. John's knowledge and insights will be invaluable for Cargill and our board.". from 8 AM - 9 PM ET. MINNEAPOLIS, Jan. 21, 2021 /PRNewswire/ -- Dr. Omar Ishrak, former executive chairman and CEO of Medtronic, has been elected to the Cargill Board of Directors . [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. Cargill, Pinnacle Foods Appoint New Board Members Board Members - Margaret A. Cargill Philanthropies Paul Busch announces his retirement as President & CEO at Margaret A. Cargill Philanthropies Learn More Margaret A. Cargill Philanthropies expands its governance structure Learn More Domains About Careers News Resources Search Contact Board Members Four new leaders join Cargill's executive team | Cargill Watson served as vice chairman of the board before being elected chairman and CEO in 2010. Click to reveal "[28], In a 2007 Forbes article on "The Richest People You've Never Heard of", Cargill Inc was 90 percent owned by the Cargill-MacMillan family and was still the "largest private company in America". [11], By 2009, the family company, Cargill Inc controlled "food from stable to table" including "animal feed, meat, [and] crops" and operated "large commodity trading and risk management operations". [46][23][32] Sontheim Meyer's inheritance represented an "estimated 7% stake in food giant Cargill. "John brings a wealth of experience from his long career at Chevron. Virginia (Ginni) M. Rometty elected to Cargill's Board of Directors Driving strategic disruptions and delivering products for todays customers and the next generation of global consumers. Mr. Brian Sikes President and Chief Executive Officer Julian Chase Business Operations and Supply Chain Pilar Cruz Chief Sustainability Officer Ross Hamou-Jennings Chair of Asia Pacific Jennifer Hartsock Chief Information and Digital Officer MINNEAPOLIS, Feb. 1, 2018 /PRNewswire/ -- John S. Watson, retired chairman of the board and chief executive officer of Chevron Corporation, has been elected to the Cargill Board of Directors, effective today. 4 Billionaire Cargill Heir Sisters Fall Off Forbes 400 2019 Jen studied at Illinois State University. Watson retired from Chevron and its board after a distinguished 37-year career at the company. Focused on developing a deep bench of leaders and mentoring people with unconventional career paths. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. Executive Summary. www.cargill.com Formerly Known As W.W. Cargill and Brother Ownership Status Privately Held (backing) Financing Status Private Debt Financed Primary Industry Other Financial Services Other Industries Other Agriculture Primary Office Post Office Box Number 9300 Minneapolis, MN 55440-9300 United States +1 (800) 000-0000