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Archer-Daniels-Midland Company (0JQQ.L)

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61.21-1.82 (-2.88%)
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  • Reuters

    UPDATE 2-ADM CEO pay dips in 2023 as government investigation hangs over company

    Archer-Daniels-Midland Co CEO Juan Luciano was paid $24.4 million in 2023, down 1% from the prior year, according to a securities filing on Wednesday that came after an internal investigation into its financial reports. ADM had delayed paying bonuses to some executives until it conducted an internal investigation and audited its financial statements, which were published on March 12. Luciano's compensation included a slight increase in base salary to $1.483 million and company stock awards valued at $17.920 million, according to ADM's annual proxy statement filed with the U.S. Securities and Exchange Commission.