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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.

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