To support a faster pace of growth, Cargill is bolstering its leadership team with a few strategic promotions, including naming a new Chief Financial Officer.
“We’ve undertaken significant changes over the past three years to build a more agile and integrated Cargill to serve customers’ rapidly evolving needs. The world does not stand still, and neither will we,” said Chairman and CEO David MacLennan in a press release. “The changes announced today augment the strength and expertise needed to fuel Cargill’s growth, with a focus on integrating operations, increasing financial discipline, and accelerating investments in markets of highest potential. These strategic moves position us to lead with our purpose and deliver a sustainable future for food and agriculture.”
Marcel Smits, Cargill’s current CFO, will be moving into a new strategic role, December 1, 2018, where he will assume leadership of Cargill Asia Pacific while also continuing to serve on Cargill’s executive team. Early on in his career, Smits worked in Asia and developed experience building businesses and leading change. According to a press release, Smits is well positioned to lead Cargill’s accelerated growth plan in the Asia Pacific region, which is a high-potential market for the company and its customers.
As Smits leaves his former role, David Dines will assume the CFO position, effective December 1, 2018. Prior to his new role, Dines led global trading businesses in financial and industrial sectors and is responsible for the creation and growth of Cargill’s risk management business. This along with his experience in finance, compliance, and risk management, as well as his ongoing relationships with financial institutions and the investment community, position him to lead Cargill’s financial operations well.
Cargill is also welcoming Anna Richo to its team on January 14, 2019. Richo will take on the role of General Counsel, Chief Compliance Officer, and Corporate Secretary, succeeding Laura Witte who retired on May 31 after 33 years of service. Prior to joining Cargill, Richo served as Executive Vice President and General Counsel of UCB, a Belgium-based global biopharmaceutical company. Throughout her career, Richo accumulated extensive experience regarding legal services, compliance, and business ethics after serving as a legal counsel on science-based innovation and intellectual property matters. This will benefit Cargill as the company looks to advance its supply chains through R&D and disruptive technologies.
Congratulations to Marcel Smits, David Dines, and Anna Richo on your new positions!