U.S. grain trader ADM appoints Cuddy as President, North America

Sao Paulo | Reuters — U.S. grain trader Archer Daniels Midland Co has appointed Christopher Cuddy as president for North America, according to a source and an internal memo seen by Reuters on Wednesday.

Cuddy will continue in his current role as global president of carbohydrate solutions, according to the memo.

ADM did not have an immediate comment on the organizational change.

Juan Luciano, ADM’s chief executive officer, said in the memo that “given the dynamic geopolitical environment, we believe that adapting our current geographical alignment will enhance ADM’s ability to drive our strategy forward.”

Luciano added the position of president for North America is a new role that was created “to support the unique needs of our business across the U.S., Canada, Mexico and the Caribbean.”

— Reporting by Ana Mano in Sao Paulo and Chris Prentice in New York

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