Former LyondellBasell CFO Michael McMurray joins ADM (NYSE: ADM) board
Rhea-AI Filing Summary
Archer-Daniels-Midland Company expanded its Board of Directors from 12 to 13 members and elected Michael C. McMurray as an independent director, effective March 9, 2026. He will serve until the next annual meeting or until a successor is elected and qualified.
McMurray was appointed to the Board’s Audit Committee and Sustainability and Technology Committee. ADM notes there are no related-person transactions or special arrangements tied to his election, and his compensation will match that of other non-employee directors. A press release announcing his appointment is furnished as Exhibit 99.1.
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8-K Event Classification
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 9, 2026, Archer-Daniels-Midland Company (the “Company”) increased the size of the Board of Directors (the “Board”) of the Company from 12 to 13 directors and elected Michael C. McMurray as an independent director, effective immediately, to fill the vacancy created by the increase in the size of the Board. Mr. McMurray will serve until the Company’s next annual meeting of stockholders or until his successor is duly elected and qualified. Mr. McMurray was appointed to serve on each of the Audit Committee and the Sustainability and Technology Committee of the Board.
There are no arrangements or understandings between Mr. McMurray and any other persons pursuant to which Mr. McMurray was elected as a director of the Company. Mr. McMurray has not engaged in any related person transactions (as defined in Item 404(a) of Regulation S-K) with the Company. Mr. McMurray’s compensation as a director will be consistent with the compensation policies applicable to the Company’s other non-employee directors, as disclosed in the Company’s definitive proxy statement relating to its 2025 Annual Meeting of Stockholders, filed with the Securities and Exchange Commission on March 25, 2025.
| Item 7.01 | Regulation FD Disclosure. |
On March 9, 2026, the Company issued a press release announcing the election of Mr. McMurray. A copy of the press release is furnished herewith as Exhibit 99.1.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) Exhibits | The following exhibits are furnished or filed, as applicable, herewith: | |
| 99.1 | Press release dated March 9, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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.
| ARCHER-DANIELS-MIDLAND COMPANY | ||||||
| Date: March 10, 2026 | By | /s/ Regina B. Jones | ||||
| Regina B. Jones | ||||||
| Senior Vice President, Chief Legal Officer, and Secretary | ||||||
Exhibit 99.1
ADM Appoints Michael McMurray to its Board of Directors
CHICAGO, March 9, 2026 — ADM (NYSE: ADM), a global leader in innovative solutions from nature, announced the appointment of former LyondellBasell Industries N.V. executive vice president and CFO Michael McMurray as its newest Board member, effective March 9. McMurray brings more than three decades of financial and strategic leadership experience at leading global industrial companies, and will serve on the Board’s Audit and Sustainability and Technology committees.
“Our ongoing Board refreshment practice ensures the right mix of fresh perspectives and strategic insight as ADM continues to evolve for the future,” said Board Chair and CEO Juan Luciano. “Michael offers deep financial and accounting acumen, a significant international business background, and proven leadership in strategy and M&A. His career in industrial operations aligns well with our own growth opportunities. We welcome him to the Board and look forward to his guidance and leadership.”
McMurray served for more than five years as executive vice president and chief financial officer of LyondellBasell Industries N.V., a global plastics, chemicals and refining company. Prior to that he held multiple leadership roles at Owens Corning, including CFO, and at Royal Dutch Shell. McMurray holds a bachelor’s degree in Business Administration from Trinity University and an MBA from Tulane University. He serves on the boards of Flowserve Corporation and the Children’s Advocacy Centers of Texas.
“ADM has a proud history of connecting harvest to home, and I am excited to be part of its equally bright future,” McMurray said. “I look forward to working with the Board, management and entire ADM team to help advance our growth strategy and deliver on the many opportunities before us.”
About ADM
ADM unlocks the power of nature to enrich the quality of life. We’re an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We’re a premier human and animal nutrition provider, offering one of the industry’s broadest portfolios of ingredients and solutions from nature. We’re a trailblazer in health and well-being, with an industry-leading range of products for consumers looking for new ways to live healthier lives. We’re a cutting-edge innovator, guiding the way to a future of new bio-based consumer and industrial solutions. And we’re leading in business-driven sustainability efforts that support a strong agricultural sector, resilient supply chains, and a vast and growing bioeconomy. Around the globe, our expertise and innovation are meeting critical needs from harvest to home. Learn more at www.adm.com.
ADM Media Relations
Jackie Anderson
media@adm.com
312-634-8484
Source: Corporate Release
Source: ADM