Patricia Woertz, Chairman of the Board and CEO of ADM
Patricia Woertz has an outstanding track record as both an executive and corporate leader, currently holding both positions with ADM: Chairman of the Board and Chief Executive Officer.
She has spoken at multiple business events and been involved with numerous philanthropic endeavors.
Early Life and Education
Evidence supporting how early experiences impact adult outcomes is strong. This includes important markers of health, social development and core abilities required for success as adults.
Patricia Woertz is the Chief Executive Officer (CEO) of Archer Daniels Midland Company (ADM). Under her guidance, ADM has achieved outstanding financial results while expanding its sourcing, transportation and processing networks. Patricia also prioritizes ethical practices throughout her work life.
He holds a bachelor of accounting from The Pennsylvania State University. She currently sits on the boards of directors for Procter & Gamble Company and UI LABS- a public-private partnership focused on commercialization of large scale industrial solutions – as well as chairing U.S. China Business Council and serving on The Business Council membership councils.
Woertz began her accounting career at Ernst & Young in Pittsburgh after graduating with her bachelor’s degree from Penn State. Shortly thereafter she moved to Houston and joined Gulf Oil Corporation, taking an initial field position in strategic planning before transitioning into refining and then the upstream audit group.
At Chevron Corporation’s corporate headquarters in Decatur, Illinois, she became head of global marketing and finance before later being appointed executive vice president for global downstream. This position she held until leaving to lead ADM in 2006.
Under her direction, ADM has transformed itself from a food processing company into one of Wall Street’s premier alternative-energy plays. Ethanol production is steadily rising while other businesses such as wheat processing and natural ingredients – such as Novalipid no-transfat cooking oil – continue to thrive.
Achievement and Honors
Woertz serves on the boards of directors at The Procter & Gamble Company and Royal Dutch Shell PLC in addition to her duties at ADM, while chairing its U.S. section and being a member of The Business Council.
She is widely respected for her collaborative management style that prioritizes teamwork and communication, in addition to her dedication to transparency and ethical practices.
As ADM’s president and CEO, Woertz oversaw an expansion in global food processing and commodities trading operations as well as increased safety and sustainability initiatives at ADM. She is highly respected among her peers and earned many awards during her career; these accomplishments helped pave the way for other women leaders.
Patricia Woertz has long shown gratitude towards those who have assisted in her success, especially her husband for making sacrifices so that she may keep ascending in corporate.
She has held various boards including Procter & Gamble Company, Royal Dutch Shell PLC and UI LABS. Additionally she serves on both the US-China Business Council and President’s Export Council.
Her wide executive experience at Gulf Oil Corporation and ADM equips her with vast leadership, strategy and risk management abilities. In addition, she brings finance expertise to the Board. She earned her B.S. in Accounting at Pennsylvania State University before going on to become a Certified Public Accountant (CPA) since 1974 – currently she serves as Chairman of Archer Daniels Midland Company’s Board of Directors and CEO.
Since her appointment as CEO of Archer Daniels Midland Company in April 2006, Patricia Woertz has taken steps to diversify its agricultural processing firm by investing in corn and wheat production as well as adding natural-ingredient plants. She was instrumental in making ADM one of the world’s largest producers of crop-based ethanol; an endeavor she no longer oversees as CEO.
After graduating with a degree in accounting from Pennsylvania State University, she started her career at Ernst and Young before making a switch to Gulf Oil Corporation (subsequently acquired by Chevron). There she became executive vice president for global downstream operations of Chevron responsible for its refining, marketing, lubricant supply and trading operations as well as supply management operations.
Her extensive executive and finance expertise provide her with an expert viewpoint in operational matters. She currently sits on the boards of The Procter & Gamble Company and UI LABS – a public-private collaboration dedicated to solving industrial challenges through research.