ADM’s Juan Luciano Takes Over President Role From CEO

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Archer-Daniels-Midland Co. Chief Operating Officer Juan Luciano took on the additional role of president, a title previously held by the current chairman and chief executive officer of the world’s largest corn processor.

Luciano, 52, will continue to report to Chairman and CEO Patricia Woertz, the Decatur, Illinois-based company said in a statementBloomberg Terminal today.