Heartland transformation: ADM CEO Allen Andreas has led the giant out of scandal and put it on a winning path

Chief Executive, The, March, 2004 by Dale Buss

But by now, Allen Andreas's own stamp on Archer Daniels Midland has become indelible. "He has engineered an enormous consolidation and restructuring of the company, and we're well-positioned now to grow and prosper," Mulroney says. His biggest remaining challenge, it seems, is to convince Wall Street that ADM's transformation is for real.

Profits Have Recovered ...

Fiscal year ends June 30

      Net earnings $ millions

1999          266.0
2000          300.9
2001          383.3
2002          511.1
2003          451.1

Note: Table made from bar graph.

... and Sales Are Soaring

Fiscal year ends June 30

         Sales $ billions

1999          18.5
2000          18.6
2001          19.5
2002          22.6
2003          30.7

SOURCE: COMPANY REPORTS

Note: Table made from bar graph.