ARCHER DANIELS MIDLAND CO
10-K/A, 1997-10-01
FATS & OILS
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     PAGE 1
                          FORM 10-K/A
                               
              SECURITIES AND EXCHANGE COMMISSION
                               
                   WASHINGTON, D. C.  20549

[X]ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
   SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended June 30, 1997

                               OR

[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
   SECURITIES EXCHANGE ACT OF 1934

For the transition period from --------------------- to -------
- ------------
Commission file number 1-44

                ARCHER-DANIELS-MIDLAND COMPANY
    (Exact name of registrant as specified in its charter)

         Delaware                                  41-0129150
(State or other jurisdiction of                (I. R. S. Employer
incorporation or organization)                Identification No.)

4666 Faries Parkway   Box 1470   Decatur, Illinois   62525
(Address of principal executive offices)           (Zip Code)

Registrant's telephone number, including area code217-424-5200

Securities registered pursuant to Section 12(b) of the Act:

                                        Name of each exchange on
   Title of each class                     which registered

Common Stock, no par value              New York Stock Exchange
                                        Chicago Stock Exchange
                                        Swiss Exchange
                                        Tokyo Stock Exchange
                                        Frankfurt Stock Exchange

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  Yes _X__ No __

Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained herein,
and will not be contained, to the best of registrant's
knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K. [ ]

State the aggregate market value of the voting stock held by
non-affiliates of the registrant.

          Common Stock, no par value--$10.2 billion
(Based on the closing price of the New York Stock Exchange on
August 18, 1997)

Indicate the number of shares outstanding of each of the
registrant's classes of common stock, as of the latest
practicable date.

          Common Stock, no par value--531,196,269 shares
                    (August 31, 1997)

1
      PAGE 2

     This Amendment on Form 10-K/A is being filed for the
purpose of amending Item 1 (e) of the registrant's Annual
Report on Form 10-K for the fiscal year ended June 30, 1997 to
provide certain additional information at September 30, 1997.

      The following amends and restates Item 1(e) in its
entirety.

Item 1. BUSINESS--Continued
        (e)    Executive Officers and Certain Significant
Employees

           Name                       Title                 Age

           G. Allen Andreas    President and Chief Executive 54
                               Officer from 1997. Counsel to
                               the Executive Committee from
                               September 1994. Vice President
                               from 1988.

           Michael D. Andreas  Currently on a temporary      48
                               administrative leave from the
                               Company. Vice Chairman of the
Board
                               of Directors from October 1992
to
                               October 1996. Executive Vice
                               President from 1988 to October
                               1996.

           Martin L. Andreas   Senior Vice President from 1988.58
                               Assistant to the Chairman.

           Charles P. Archer   Treasurer from October 1992.  42
                               Assistant Treasurer from 1988
                               to 1992.

           Lewis W. Batchelder Group Vice President from     52
                               July 1997. Senior Vice President
                               of ADM/Growmark. Various grain
                               merchandising positions since
1971.

           Charles T. Bayless  Executive Vice President from 62
                               July 1997. Group Vice President
                               from January 1993. Vice
President
                               from 1992. President of ADM
                               Processing Division since 1980.

           Howard E. Buoy      Group Vice President from     70
                               January 1993. Vice President
                               of ADM Processing Division
                               from 1979.

2

     PAGE 3
Item 1. BUSINESS--Continued

           William H. Camp     Vice President from April 1993.48
                               Vice President of ADM Processing
                               Division from 1990 to 1993.

           Mark J. Cheviron    Vice President from July 1997.48
                               Vice President of Corporate
                               Security and Administrative
                               Services since May 1997.
                               Director of Security since 1980.


           Barrie R. Cox       Vice President from January
                               1996.   50
                               President of ADM Food Additives
                               Division from 1994. Vice
President
                               of ADM Corn Processing Division
                               from 1990 to 1995.

           Larry H. Cunningham Group Vice President and      53
                               President of ADM Corn Processing
                               Division from October 1996.
                               Vice President and President
                               of Protein Specialties
                               Division since July 1993.
                               Formerly President of
                               A. E. Staley Manufacturing Co.

           Craig L. Hamlin     Group Vice President from     51
                               October 1994. President of
                               ADM Milling from 1989.

           Edward A. Harjehausen    Vice President from October46
                               1992. Vice President of ADM
                               Corn Processing Division from
                               1988.

           James C. Ielase     Group Vice President since    56
                               July 1997. President of Golden
                               Peanut Company from April 1995
                               to June 1997. Private
investments
                               from 1992 to April 1995.

           Burnell D Kraft     Senior Vice President from    66
                               July 1997. Group Vice President
                               from January 1993. Vice
President
                               from 1984. President of
                               ADM/Growmark, Collingwood Grain
                               and Tabor Grain Co.
subsidiaries.

3

     PAGE 4
Item 1. BUSINESS--Continued


           Paul L. Krug, Jr.   Vice President from 1991 and  53
                               President of ADM Investor
                               Services.

           John E. Long        Vice President from July 1996.68
                               President of ADM Research
                               Division from 1992. Various
                               senior research positions from
                               1975.

           Claudia Madding     Secretary to the Executive    46
                               Committee from September 1997.
                               Executive Assistant to the
Chairman
                               since July 1997.  Assistant
Secretary
                               since January 1993.
Administrative
                               Assistant to the Chairman since
1984.

           Jack McDonald       Vice President from October
1994.   65
                               President of Southern Cotton Oil
                               Division from 1990.

           John D. McNamara    Group Vice President and      49
                               President of North American
                               Oilseed Processing Division from
                               July 1997. President of ADM Agri-
                               Industries since 1992.
                               International merchandising
                               positions since 1984.

           Steven R. Mills     Controller from October 1994. 42
                               Various senior treasury and
                               accounting positions from 1979.


           Stephen W. Minder   Corporate Compliance Officer  41
                               from July 1997.  Various senior
                               internal audit positions since
1990.


           Paul B. Mulhollem   Group Vice President from     48
                               July 1997. Vice President from
                               January 1996. Managing Director
                               of ADM International, Ltd., from
                               1993. International
merchandising
                               positions since 1992.




           Brian F. Peterson   Vice President from January
1996.   55
                               President of ADM BioProducts
                               Division from 1995. Various
                               merchandising positions from
1980.

           Raymond V. Preiksaitis     Group Vice President from44
                               July 1997. Vice President -
                               Management Information Systems
                               from 1988.

           John G. Reed        Vice President from 1982.     67



           Richard P. Reising  Senior Vice President from July53
                               1997. Vice President, Secretary
                               and General Counsel from
                               1991 to 1997.

           John D. Rice        Vice President from 1993 and  43
                               President of ADM Food Oils
                               Division since December 1996.
                               Vice President of ADM Processing
                               Division from 1992.

           Scott A. Roberts    Assistant Secretary and
Assistant   36
                               General Counsel since July 1997.
                               Member of the ADM Law Department
                               since 1985.


           Kenneth A. Robinson Vice President from January
1996.   50
                               Vice President of ADM Processing
                               Division from 1985.
4
     PAGE 5
Item 1. BUSINESS-Continued

           Douglas J. Schmalz  Vice President and Chief      51
                               Financial Officer from 1986.
                               Controller from 1986 to 1994.

           David J. Smith      Vice President, Secretary and 42
                               General Counsel from July, 1997.
                               Assistant General Counsel from
                               1995. Assistant Secretary from
                               1988 to July 1997. Member of the
Law
                               Department since 1981.

           Stephen H. Yu       Vice President from January
1996.   37
                               Managing Director of ADM
                               Asia-Pacific, Ltd., from 1993.
                               Various merchandising positions
                               with Continental Grain Company
                               from 1986.


                              Officers of the registrant are
           elected by the Board of Directors for terms of one
           year and until their successors are duly elected
           and qualified.

                              G. Allen Andreas and Martin L.
           Andreas are nephews of Dwayne O. Andreas, a
           director of the registrant. Michael D. Andreas is
           the son of Dwayne O. Andreas. Charles P. Archer is
           the son of S. M. Archer, Jr., a director of the
           registrant.
5

     PAGE 6
                           SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Date:  September 30, 1997

                ARCHER-DANIELS-MIDLAND COMPANY
                               

/s/ D. J. Smith        /s/ D. J. Schmalz     /s/ S. R. Mills
D. J. Smith            D. J. Schmalz         S. R. Mills
Vice President, Secretary                    Vice President
and                    Controller
and General Counsel    Chief Financial Officer



Pursuant to the requirements of the Securities Exchange Act
of 1934, this report has been signed below on September 30,
1997, by the following persons on behalf of the Registrant
and in the capacities indicated.

<TABLE>
<CAPTION>
      <S>                                      <C>

     /s/ G. A. Andreas                
     G. A. Andreas*,                  
     Chief Executive and Director     
     (Principal Executive Officer)    
                                      
     /s/ D. O. Andreas                /s/ M. B. Mulroney
     D. O. Andreas*,                  M. B. Mulroney*,
     Chairman of the Board of         Director
     Directors
                                      
     /s/ S. M. Archer, Jr.            /s/ R. S. Strauss
     S. M. Archer, Jr.*,              R. S. Strauss*,
     Director                         Director
                                      
     /s/ J. R. Block                  /s/ J. K. Vanier
     J. R. Block*,                    J. K. Vanier*,
     Director                         Director
                                      
     /s/ R. R. Burt                   /s/ O. G. Webb
     R. R. Burt*,                     O. G. Webb*,
     Director                         Director
                                      
     /s/ Mrs. M. H. Carter            /s/ A. Young
     Mrs. M. H. Carter*,              A. Young*,
     Director                         Director
                                      
     /s/ G. O. Coan                   /s/ D. J. Smith
     G. O. Coan*,                     Attorney-in-Fact
     Director                         
                                      
     /s/ F. R. Johnson                
     F. R. Johnson*,                  
     Director                         
                                      
                                      
                                      
</TABLE>

*Powers of Attorney authorizing R. P. Reising, D. J. Schmalz
and D. J. Smith and each of them, to sign the Form 10-K on
behalf of the above-named officers and directors of the Company
are being filed with the Securities and Exchange Commission.
6



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