Archer Daniels Midland 8-K

Summary

ADM appointed Jeff Rowe, who is stepping down as CEO of Syngenta Group effective 8/1/2026, to the newly created role of EVP and COO, effective 8/17/2026. He will oversee ADM’s commercial businesses, global manufacturing and R&D, reporting to CEO Juan Luciano.

Key Figures

• Annual base salary: $1.2M; target annual cash incentive: 175% of base salary.
• Annual target equity award opportunity: $12.5M. His 2026 equity award has a grant-date value of $11.1M: 60% performance stock units and 40% restricted stock units, with the restricted stock units vesting in equal annual installments over three years.
• One-time make-whole awards for incentives and equity forfeited from his prior employer: a $2.2M cash bonus payable in 1/2027, subject to continued employment or specified termination conditions, and restricted stock units with a grant-date value of $16.69M, vesting 40% after five months and 60% after 17 months. Unvested units accelerate if ADM terminates him without cause or he leaves for good reason within that 17-month period.