ADM - Why Food Processing Company Archer-Daniels-Midland Shares Are Sinking Today | Benzinga
Archer-Daniels-Midland Company (NYSE:ADM) shares are trading lower after the company placed its CFO on administrative leave and updated its FY23 outlook on Sunday.
Also, the company has appointed Ismael Roig as its interim Chief Financial Officer.
The company placed Vikram Luthar on leave due to an investigation studying accounting practices and procedures related to its nutrition segment.
ADM’s investigation was initiated in response to the receipt of a voluntary document request by ...