Regulatory Filings • Mar 25, 2011
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Download Source File8-K 1 c63701e8vk.htm FORM 8-K e8vk PAGEBREAK
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): March 21, 2011
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ARCHER-DANIELS-MIDLAND COMPANY
(Exact name of registrant as specified in its charter)
| Delaware | 1-44 | 41-0129150 |
|---|---|---|
| (State or other jurisdiction | (Commission File Number) | (IRS Employer |
| of incorporation) | Identification No.) |
| 4666 Faries Parkway | |
|---|---|
| Decatur, Illinois | 62526 |
| (Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: ( 217) 424-5200
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 |
| CFR 240.14d-2(b)) | |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 |
| CFR 240.13e-4(c)) |
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TOC /TOC link1 "Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers"
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 21, 2011, Archer Daniels Midland Company (ADM) announced that Juan R. Luciano, age 49, has been appointed Executive Vice President and Chief Operating Officer of ADM, effective April 12, 2011. Mr. Luciano joins ADM from The Dow Chemical Company (Dow), where he has worked since 1985. In February 2006, Mr. Luciano was named Global Business Vice President Olefins and Aromatics in Dows Hydrocarbons and Energy business, and in 2007, he was named Business Group President for Dows Hydrocarbons and Energy Business. Mr. Luciano served as the Senior Vice President of Hydrocarbons & Energy, Basic Plastics and Joint Ventures for Dow beginning in December 2008. Since August 2010, he has been Dows Executive Vice President and President of the Performance Division. None of ADMs current directors or executive officers has a family relationship with Mr. Luciano.
Mr. Luciano does not have a written employment agreement. He will receive a base salary, as well as grants of restricted shares and performance share units with an aggregate grant date value of $9,000,000 upon commencement of his employment. These grants will be made under ADMs previously-filed form of Restricted Stock Agreement and the form of Performance Share Unit Award Agreement (March 2011) attached as Exhibit 10.1 to this report, respectively. Mr. Luciano is also eligible to participate in the incentive plans available to other executive officers, as described in ADMs Definitive Proxy Statement for the Annual Meeting of Stockholders held on November 4, 2010.
link1 "Item 9.01. Financial Statements and Exhibits"
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
The following exhibits are filed or furnished herewith:
10.1 Form of Performance Share Unit Award Agreement (March 2011)
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link1 "SIGNATURES"
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| /s/ David J. Smith |
|---|
| David J. Smith |
| Executive Vice President, Secretary and General Counsel |
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link1 "EXHIBIT INDEX"
EXHIBIT INDEX
| Number | Description | Method of filing |
|---|---|---|
| 10.1 | Form of Performance Share Unit Award Agreement (March 2011) | Filed electronically |
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