Archer-Daniels-Midland Co (ADM) senior executives, amidst a government investigation into accounting issues, are set to receive significant bonus compensation following the completion of the company’s financial statements. The performance share unit compensation, awarded in 2021 and vested recently, will result in substantial payouts for executives, including CEO Juan Luciano. The internal memo from CEO Luciano highlights the payout at 100% of targeted amounts, translating to millions of dollars in additional pay. ADM, under scrutiny by the Department of Justice, is striving to rebuild investor confidence while cooperating with authorities. The company’s recent financial disclosures and bonus payouts reflect ongoing efforts to navigate challenges and maintain operational stability.
ADM Senior Executives to Receive Performance Bonuses Amid Government Investigation