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ADM shareholder presses CEO to resign as criminal probe continues

Summary by WTVB
By P.J. Huffstutter CHICAGO (Reuters) – A shareholder of Archer-Daniels-Midland is pressing the company’s CEO to resign for failing to clearly tell investors about problems with its internal accounting practices that have sparked a criminal investigation first reported by Reuters. In a LinkedIn post entitled “Investor-misery has a name: ADM,” Hartwig Fuchs said ADM was the worst stock in his portfolio this year and blamed ADM Chief Executive…

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Investing Business Daily broke the news in on Monday, December 30, 2024.
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