/PRNewswire/ – Todd Hall, a member of Cargill’s executive team and the leader of the company’s protein and salt businesses, has been elected to the Cargill Board of Directors, effective Jan. 1, 2016.
“Todd has a solid track record of growing Cargill businesses, both organically and through acquisition,” said David MacLennan, Cargill’s chairman and chief executive officer. “Since he joined Cargill 33 years ago, he has consistently built high-performing teams that focus on what our customers need to be successful. His strategic vision, strong leadership skills and passion for his work make him an excellent addition to the Cargill board.”
Hall joined Cargill in 1982 and held general management positions with the animal nutrition businesses until 1998. At that time, he joined the animal nutrition leadership team and worked with businesses in Southeast Asia, Europe and the U.S. In 2001, he oversaw Cargill’s acquisition of Agribrands International, which was Cargill’s largest acquisition at the time. Hall was appointed president of Cargill’s animal nutrition business in 2004. In 2008, he took on a broader role, leading the company’s poultry operations in Central America, China, Europe, Thailand and the U.S.
Hall joins 16 other members on Cargill’s board, including independent directors Richard H. Anderson, chief executive officer of Delta Air Lines, Inc.; Louis R. Chênevert, retired chairman and chief executive officer of United Technologies Corporation; Arthur D. Collins, Jr., retired chairman and chief executive officer of Medtronic, Inc.; Stephen J. Hemsley, chief executive officer of UnitedHealth Group; Richard M. Kovacevich, retired chairman and chief executive officer of Wells Fargo & Company; Bernard Poussot, retired chairman, chief executive officer and president of Wyeth; and Trudy Rautio, retired chief executive officer and president of Carlson.
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 155,000 employees in 68 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.
A report from ingredients supplier Henley Bridge has warned that cocoa price increases of 15-20% for the first half of 2024 might continue into the second half of the year. Despite growth in global cocoa supply in 2021, unfavourable weather conditions and demand from emerging markets have led to supply deficits.
By carving out the ANH business, DSM-Firmenich would focus fully on its Perfumery & Beauty; Taste, Texture & Health; and Health, Nutrition & Care divisions. Full focus on these businesses is expected to enhance commercial potential and synergies, supporting “consistent growth outlook alongside robust margins”.
Cargill and Enough are expanding their partnership to further develop nutritious and sustainable alternative meat and dairy solutions. Cargill has signed a commercial agreement to use and market Enough’s Abunda protein and has also invested in the company’s Series C growth funding round.