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2024 compensation, accounting issues, work cuts of the 2024 adm CEO


By the Karl Plum

Chicago (Reuters)-Daniels-Midland Co. Juan Luan Luan, won $ 21.6 million in 2024, securities from $ 24.4 million, because of the Saturday, because the issues and shares by US grain have reduced and reduced shares.

A chicago-based company was forced to reconsider the six-year financial statements in the beginning of last year and after the internal investigation after the internal investigation into financial statements later.

Accounting, former Chief Financial Officer Vikram Luthar caused its work and two federal studies.

The best Executive Annual Promotion Plan Award fell from $ 1.2 million, and about $ 3.6 million in the previous year, about 40% of the 2024 target of about $ 3 million, the probability and return returns in the probability and investment.

In February, in six years, the lowest quarter of the fourth quarter and warned a 2025 to reduce the uncertainty of the US biofuel policy. The company also began to withdraw a wider expenses to save $ 700 million for $ 700 million in the next three to five years.

Reuters said that ADM has launched a new wave that targeted agricultural services and oils in agriculture this week, the company’s largest division.

According to LSEG, in January 2024, the news of the books of accounting issues approached the news of the warning problems that bring about $ 22 billion to about $ 37 billion.

(Notification by Karl Plum in Chicago; Regulation by Richard Chang)



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