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ADM has announced the appointment of Michael McMurray to its Board of Directors, effective March 9. The addition of the former LyondellBasell Industries executive vice president and chief financial officer is positioned to strengthen the board's financial oversight and industrial operational expertise.

Strategic Board Refreshment

McMurray will step into roles on both the Audit and the Sustainability and Technology committees. The appointment is part of ADM’s ongoing strategy to refresh its board composition, ensuring the company maintains the appropriate mix of perspectives to navigate the evolving agricultural and nutrition sectors.

According to Board Chair and CEO Juan Luciano, McMurray brings a combination of deep financial acumen, international business experience, and proven leadership in corporate strategy and mergers and acquisitions. Luciano noted that McMurray's extensive career in industrial operations aligns closely with ADM's current growth opportunities and long-term trajectory.

Extensive Industrial and Financial Background

McMurray brings more than three decades of leadership experience across major global industrial firms. Most recently, he served for over five years as the executive vice president and CFO of LyondellBasell Industries N.V., a major player in the global plastics, chemicals, and refining markets.

Before his tenure at LyondellBasell, McMurray held several key leadership positions, including the role of CFO at building materials manufacturer Owens Corning, as well as roles at Royal Dutch Shell. He holds a bachelor’s degree in Business Administration from Trinity University and an MBA from Tulane University. Beyond his new role at ADM, he currently serves on the board of Flowserve Corporation.

Supporting Future Growth Initiatives

In his new capacity, McMurray will work closely with the existing board and management team to advance ADM's growth strategy. His placement on the Sustainability and Technology committee is particularly notable as major agribusinesses continue to invest heavily in sustainable supply chains and nature-based solutions.

McMurray stated his intention to help the company deliver on its upcoming commercial opportunities and advance its overarching corporate strategy as it continues to adapt its operations for the future.