Management ChangeJul 23, 2026, 04:17 PM
ADM Appoints Jeff Rowe as EVP & COO
AI Summary
Archer-Daniels-Midland Company (ADM) has appointed Jeffrey Rowe as its Executive Vice President and Chief Operating Officer, effective August 17, 2026. Rowe, previously CEO of Syngenta Group, brings over 30 years of experience in agriculture to his new role overseeing ADM's commercial businesses, global manufacturing, and R&D efforts. His compensation package includes an annual base salary of $1.2 million, a target annual equity award of $12.5 million, and one-time make-whole awards totaling $2.2 million cash and $16.69 million in RSUs to compensate for forfeited incentives from his previous employer.
Key Highlights
- Jeffrey Rowe appointed Executive Vice President and Chief Operating Officer.
- Appointment effective August 17, 2026.
- Annual base salary set at $1,200,000.
- Target annual equity award opportunity of $12,500,000.
- 2026 equity award of $11,100,000 (60% PSUs, 40% RSUs).
- One-time cash bonus of $2,200,000 payable January 2027.
- One-time RSU award of $16,690,000 to replace forfeited compensation.
Price Impact
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