ADM Names Kent Soellner Vice President of Export Trading
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3/31/2010
Archer Daniels Midland Company (NYSE: ADM) today announced that Kent Soellner has been named vice president, Export Trading. He will be responsible for ADM’s North American grain export trading business and for managing risk in this area. He will report to Joe Taets, vice president, Grain Group.
“Kent has a great deal of knowledge and experience with ADM’s grain merchandising and risk management activities,” said Taets. “ADM’s ability to manage risk is one of our Company’s greatest strengths, and we are pleased with the expertise Kent brings to this area.”
Soellner joined ADM in 2000, and has held a number of roles within the Company, including grainer merchandiser, risk manager and procurement manager. He most recently served as corn hedge desk manager.
Soellner received a Bachelor of Science degree in finance from Iowa State University.
About ADM
Every day, the 28,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 230 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2009, were $69 billion. For more information about our Company and our products, visitwww.adm.com.
From:
ADM Media Relations
217/424-5413
News Source : ADM Names Kent Soellner Vice President of Export Trading
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