ADM has announced the appointment of Monish Patolawala as its new executive vice president and chief financial officer, effective 1 August 2024.
Patolawala, who brings over 25 years of experience in managing global finance and technology teams, will succeed Ismael Roig. Roig has been serving as ADM’s interim CFO since January.
Prior to joining ADM, Patolawala held positions at several leading industrial and healthcare companies. In his new role, he will be responsible for overseeing global finance and accounting, global business services, global technology and enterprise strategy at ADM.
ADM’s chair of the board and CEO, Juan Luciano, said: “We are thrilled to have an executive of Monish’s calibre joining ADM as we focus our enterprise on productivity, innovation and delivering with excellence. Monish has extensive experience and an impressive track record leading global, sophisticated finance and technology organisations and delivering strong results.”
“With more than 25 years overseeing innovation and sustainability-focused teams across leading industrial and healthcare companies, we are confident that Monish is a strong fit for ADM’s continually evolving organisation. Today’s announcement is the culmination of the board’s thorough and thoughtful process to identify a proven leader to oversee our finance team as we execute with excellence across our strategic and operational priorities.”
Patolawala commented: “It is an honour to join ADM as CFO at an important point in the company’s trajectory…As a member of the executive team, I look forward to drawing upon my experience to advance ADM’s operational excellence and discipline as we deliver for our stakeholders and drive shareholder value.”
Source: foodbev.com
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