April 11, 2022

ADM names new chief financial officer

ADM has announced the appointment of Vikram Luthar as its new chief financial officer, following a thorough succession planning and candidate review process.

Luthar succeeds Ray G. Young, who has served as CFO since 2010 and has also served as the company's vice chairman since February.

"Vikram has a deep understanding of ADM's business, having served in leadership roles throughout our finance organisation and in key growth areas such as nutrition and health and wellness," said ADM chairman and chief executive officer Juan Luciano. "He has a strong drive for results balanced with strategic orientation and has consistently raised the bar for his team and the organisation as a whole. He is an ideal executive to lead ADM into our next phase of growth."

Luthar joined ADM in 2004 as vice president and treasurer and has since served in a variety of senior-level positions. His leadership in both strategy and investor relations have been instrumental in setting the current strategic trajectory for ADM, and his management as president of ADM's health and wellness and bioactives segments helped launch and accelerate long-term platforms tied to critical consumer trends.

As CFO for ADM's nutrition segment, Luthar has also led with financial agility across ADM's fastest-growing business unit.

Prior to ADM, Luthar spent nearly a decade with General Motors in treasury and regional finance leadership positions. He holds a bachelor's of technology in aerospace engineering from the Indian Institute of Technology and an MBA from the Wharton School at the University of Pennsylvania.

The appointment is effective immediately. Young will support Luthar during the transition and then turn his focus to providing strategic counsel on major initiatives critical to ADM's future success in his role as vice chairman.
 

- ADM