ADM Appoints Carrie Nichol as Vice President and Chief Accounting Officer

Nichol will succeed Vice President and Corporate Controller Molly Strader Fruit

ADM, a global leader in innovative solutions from nature, announced the appointment of Carrie Nichol as Vice President and Chief Accounting Officer, effective March 1.

As Chief Accounting Officer, Nichol will report to Executive Vice President and Chief Financial Officer Monish Patolawala and will be responsible for the Company’s external and management accounting and reporting processes, internal control functions and insurance and risk management department.

“Carrie’s depth of knowledge and proven track record in corporate finance and accounting makes her an excellent addition to our finance organisation and leadership team,” said Patolawala. “We are confident that Carrie is the right person to lead this crucial part of our business, and I look forward to working with her to continue executing our strategic priorities.”

Nichol will succeed Vice President and Corporate Controller Molly Strader Fruit, who, after assisting Nichol to ensure a smooth transition, will be moving into a new role in the Company as Vice President, of Total Rewards and HR Operations and will report to Chief People Officer Jennifer Weber.

Nichol has more than 20 years of experience in finance and accounting. She joins ADM from Cargill, a recognised global agribusiness leader, where she served as Senior Vice President, Chief Accounting Officer and Global Process Leader. At Cargill, she was responsible for the company’s accounting operations, which included its Corporate & Technical Accounting, Internal Controls and Financial Global Business Services. She also oversaw Cargill’s global process organisations, seven global capability centres, and the finance organisation’s process, data and technology teams. Before Cargill, Nichol served as Vice President, Controller and Chief Accounting Officer at Zimmer Biomet, the largest global orthopaedic medical device company. Nichol began her career in public accounting with KPMG LLP.