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ADM named most admired company for 15th consecutive year

08 February 20232 min reading

ADM was named one of the world’s most admired companies in the food production industry by Fortune Magazine for the 15th year in a row.

Global agriculture company ADM has been named as one of the most admired companies in food industry by Fortune Magazine.

Fortune began the process with a universe of about 1,500 candidates: the 1,000 largest U.S. companies ranked by revenue, along with non-U.S. companies in the Fortune Global 500 database that have revenues of $10 billion or more. From there, the highest-revenue companies in each industry were chosen to participate, a total of 645 in 27 countries across 52 industries. Korn Ferry asked executives, directors, and analysts to rate enterprises in their own industry on nine criteria, from investment value and quality of management and products to social responsibility and ability to attract talent. A company’s score must rank in the top half of its industry survey to be listed.

“This achievement is a tribute to our team of 40,000 colleagues and ADM's efforts over the past 120 years to enrich the quality of life around the world,” said Chairman and CEO Juan Luciano. “We are extremely honored to once again be recognized as one of the most admired companies in our industry.

WORKERS STRIKE AT ADM’S GRAIN FACILITY IN ILLINOIS

Some union represented workers at ADM’s large grain and oilseed processing facility in Decatur, Illinois, walked off the job late on Thursday (2 Feb) as contract negotiations with the agribusiness company stalled, Teamsters Local 916 said in a statement issued on Friday.

Between 30 and 40 employees that oversee the power co-generation plant at the central Illinois site are on strike and the company has brought in replacement workers, the union said.


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