Juan R. Luciano
Chair of the Board, CEO, and President at AArcher-Daniels-Midland Co
Board
Since January 2015
Age
63 years
Tenure
Joined ADM in 2011 as Executive Vice President and Chief Operating Officer, promoted to President in 2014, became CEO and President in January 2015, and was appointed Chair of the Board in January 2016
Also at Archer-Daniels-Midland Co
CN
Carrie Nichol
Vice President and Chief Accounting Officer
CMC
Christopher M. Cuddy
Senior Vice President and President, Carbohydrate Solutions
GAM
Gregory A. Morris
Senior Vice President and President, Agricultural Services and Oilseeds
About
Juan R. Luciano is a seasoned executive with extensive experience in the agricultural and nutrition sectors, known for his strategic vision and leadership at a globally recognized company.
Prior to his tenure at ADM, he spent 25 years at a leading chemical company where he held several executive roles, which laid the foundation for his transformative approach in the agribusiness industry.
Since joining ADM, he has spearheaded major growth initiatives and operational improvements, driving advancements in sustainability, global market expansion, and technological innovation.
$ADM Performance Under Juan R. Luciano
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Archer-Daniels-Midland Company (ADM) | Chief Executive Officer and President | 2015-2016 | Oversaw commercial & production activities |
| Archer-Daniels-Midland Company (ADM) | President and Chief Operating Officer | 2014 | Oversaw operations |
| Archer-Daniels-Midland Company (ADM) | Executive Vice President and Chief Operating Officer | 2011-2014 | Oversaw production, research, and risk management functions |
| The Dow Chemical Company | Executive Vice President and President, Performance Division | 2010-2011 | Held a leadership role in the Performance Division |
| The Dow Chemical Company | Various roles | 1985-2010 | Served in multiple capacities over a 25-year tenure |
| Kellogg School of Management, Northwestern University | Board Member | N/A | Former academic board position |
External Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Eli Lilly and Company | Lead Director | Current | Current active board leadership |
| Rush University Medical Center | Director | Current | Current active position |
| Intersect Illinois | Board Member | Current | Current active board membership |
| Economic Club of Chicago | Member | Current | Active club membership |
| Commercial Club of Chicago | Member | Current | Active club membership |
| The Business Roundtable | Member | Current | Active membership |
Fixed Compensation
Data from FY 2023
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Base Salary | $1,482,918 | Annual (2023) | Fixed salary for 2023 |
| ADM Retirement Plan | $145,350 | As of December 31, 2023 | Present value of accumulated benefit |
| ADM Supplemental Retirement Plan | $502,590 | As of December 31, 2023 | Present value of accumulated benefit |
Performance Compensation
Data from FY 2023
Non-Equity Incentive Plan Compensation
| Metric | Value | Details |
|---|---|---|
| Target | $2,985,000 | Annual target for 2023 |
| Threshold | $746,250 | Minimum performance level |
| Maximum | $5,970,000 | Incentive cap |
| Actual Payout | $3,609,611 | 120.9% of target achieved |
| Weighting | 75% Company / 25% Individual | Distribution between company and individual metrics |
| Evaluation Period | Fiscal Year 2023 | Period for measuring performance |
| Payment Schedule | Annual, post fiscal year | Paid after performance evaluation |
| Performance Metrics | Adjusted EBITDA, Adjusted ROIC, Strategic Goals | Key indicators for performance assessment |
Performance Share Units (PSUs) Compensation
| Metric | Value | Details |
|---|---|---|
| Grant Date | February 9, 2023 | Date when PSUs were granted |
| Performance Period | Jan 1, 2023 – Dec 31, 2025 | Three-year performance evaluation period |
| Target PSUs | 131,762 | Number of PSUs at target performance |
| Maximum PSUs | 263,524 | Number of PSUs at maximum performance |
| Grant Date Fair Value (Target) | $10,751,779 | Fair value of PSUs at target performance |
| Grant Date Fair Value (Maximum) | $21,503,558 | Fair value of PSUs at maximum performance |
| Payout Range | 0% to 200% | Variable payout based on performance |
| Vesting Schedule | Vests at end of 3-year period | Conditional on achieving performance targets |
| Performance Metrics | Adjusted ROIC, Adjusted EPS, ESG Modifier | Includes gender parity and GHG emissions targets |
| Additional Details | Dividend equivalents accrued and settled in cash | Paid at the end of the performance period |