Grain News

ADM Announces Management Appointments

Date Posted: March 6, 2012

Decatur, IL—Archer Daniels Midland Company (NYSE: ADM) announced March 6 several management appointments.

Mark Kolkhorst has been named president, ADM Milling.

Kolkhorst will also be responsible for ADM Alliance Nutrition®, replacing Terry Myers, who is retiring as president of ADM Alliance Nutrition after 42 years of service.

Kris Lutt has been named president, Golden Peanut Company.

Over the next months, Lutt will work closely with Jimmy Dorsett, CEO, Golden Peanut, who will be retiring next year after 35 years with the company.

Scott Walker has been named president, ADM Cocoa.

The appointments are effective immediately.

Biographical Information

Mark Kolkhorst, vice president and president, ADM Milling and ADM Alliance Nutrition, joined ADM in 1986.

He most recently served as vice president and president, Milling and Cocoa.

Prior to that, he was president of ADM Milling, where he was responsible for all aspects of the company’s flour milling businesses in the United States, Canada, the Caribbean and the United Kingdom.

Previously, he was president of Specialty Feed Ingredients and served in various management positions in grain merchandising.

Kolkhorst received a bachelor’s degree in agribusiness from Illinois State University.

Kris Lutt, president, Golden Peanut Company, joined ADM in 2002, with the acquisition of Minnesota Corn Processors.

Prior to his current appointment, he served as president, Milling.

Before that, he was advisor to the Office of the Chairman.

Within ADM’s Corn business unit, he served as general manager, Specialty Feed Ingredients; and vice president, Corn Processing.

Lutt received a bachelor’s degree in biochemistry from the University of Nebraska and a master’s degree in business administration from Illinois State University.

Scott Walker, president, ADM Cocoa, previously served as vice president and managing director, ADM Cocoa International, where he oversaw ADM’s cocoa business in Europe, Asia and Africa.

Walker joined ADM in 1993 and served as a merchandiser at numerous locations in the Oilseed Processing business before becoming a commodity merchandiser for ADM Cocoa in 1998.

In 2002, he was named commercial director, ADM Cocoa South America, and in 2004, became commercial director, ADM Cocoa International.

He received a bachelor’s degree in agricultural business economics from Southern Illinois University.

For more information, call 217-424-5413.

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