Patricia Woertz Net Worth is$50 Million
Patricia Woertz Salary is$1.3 Million
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Profession: Businessperson | Certified Public Accountant

Date of Birth: Mar 17, 1953

Nicknames: Patricia A Woertz, Pat Woertz

Country: United States of America

Patricia Woertz net worth salary: Patricia Woertz is an American businesswoman who has a net worth of $50 million dollars. Patricia Woertz was born in Pennsylvania, and graduated from Penn State University with a degree in Accounting in the mid-70s. She began her professional career working for Ernst & Young, and then moved on to Gulf Oil. She went on to become President of Chevron International, and then Executive Vice President of Chevron Global Downstream. She is currently the President and Chief Executive Officer of Archer Daniels Midland. As of 2009, Forbes ranked her as the 26th Most Powerful Woman in the World, and she was the top-ranking woman on Fortune 500?s list of the most powerful CEOs around the world. As of 2010, Fortune Magazine ranked her as the third most powerful woman in the world. In addition to her work with Archer Daniels Midland, she is also on the Executive Committee of The Business Council.
Patricia Ann Woertz is an American businesswoman. She has served as the President and CEO of Archer Daniels Midland since 2007. Formerly, she was Executive Vice President of the Chevron Corporation, where she spent 29 years and served as its Executive Vice President of Global Downstream.
Born in Pennsylvania in 1953, she studied accounting at Penn State University, graduating in 1974. She first worked for Ernst & Young in Pittsburgh, then moved to Gulf Oil, an Ernst & Young client. She was briefly in Vancouver, British Columbia, to become President of Chevron International and ultimately Executive Vice President of Chevron's global downstream operations. At ADM, she is expected to focus on ethanol and biofuels.
As CEO of ADM, in 2010, she was ranked the 3rd most powerful woman by Fortune magazine. In 2009, with a rank of 93, Woertz was the top-ranking woman on the Fortune 500's list of top CEOs. Also in 2009, Forbes ranked Woertz as the 26th most powerful woman in the world. Formerly an Executive Vice President at Chevron Corporation, Woertz left to pursue CEO opportunities. In an interview with Fortune Magazine, she characterized herself as an outsider at ADM: "I'm outside the company, outside the industry, outside the family, outside the gender expectations." While CEO of Archer Daniels Midland in 2009, Patricia A. Woertz earned a total compensation of $14,689,022, which included a base salary of $1,300,000, a cash bonus of $2,040,384, stocks granted of $4,919,563, options granted of $6,356,267, and other compensation totaling $72,807.
She is also a member of the Executive Committee of The Business Council for 2011 and 2012.

Patricia Woertz Latest News

Decatur, Illinois officials waiting to access impact of ADM's proposed layoff

The move will cut about 15 percent of the Decatur, Ill.-based company's corporate staff, CEO Patricia Woertz said in statement. City officials in Decatur and Illinois economic development officials say they've talked to Archer Daniels Midland about the ...
Posted: January 11, 2012, 3:24 am

3 questions the ex-General Mills CEO asked ADM's CEO on Thursday

Archer Daniels Midland CEO Patricia Woertz was in Minneapolis on Thursday speaking to the Economic Club of Minnesota, and she gave a pretty standard speech about the rising global middle class and the need to feed people whose appetites are becoming more ...
Posted: May 16, 2014, 6:38 am

ADM pledges big investment in GrainCorp

Archer Daniels Midland chief executive Patricia Woertz says the United States-based agriculture giant is committed to investing $300 million in GrainCorp , arguing the $3 billion deal was a critical example of the importance of foreign investment.
Posted: June 27, 2013, 7:06 am

ADM Names Juan Luciano Next CEO; Pat Woertz Remains Chairman

CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) announced today that Juan R. Luciano has been named the company’s next chief executive officer, effective Jan. 1, 2015. He was also elected to the company’s board of directors ...
Posted: November 5, 2014, 9:14 pm

ADM reports 89% drop in net income

“We’re looking very carefully at all of our future investments,” chairman, president and CEO Patricia Woertz said during a conference call with analysts. “They’re all related to creating earnings power in the long term. The long term doesn’t ...
Posted: January 31, 2012, 11:49 am
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