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Archer Daniels Midland, a processor of oil seeds, corn and wheat with $80.7 billion in 2010 revenue, named Craig Huss chief risk officer, a new position. He will manage ADM’s aggregate commodity risk, oversee productivity and cost management efforts, and chair the risk management committee. Huss, 59, served as president of ADM’s agricultural services unit since 2009. He joined the Decatur, Iowa-based company in 1999 as president of transportation and has also held management positions in origination and merchandising.
Move is unusual—most CEOs come from operations roles—but might be a good sign for the growing number of female finance chiefs.
CEO leaned on subordinates to make “inappropriate accounting decisions’’ so the firm could hit its financial targets, and CFO and others failed to report these tactics, according to the suit.
Former HP finance chief says in court that former HP CEO told her she'd be fired after she told the board she objected to the Autonomy deal.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.
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