ADM Taps 3M CFO as Troubled Trader Seeks Return to Normalcy

Archer-Daniels-Midland Co. has appointed Monish Patolawala from 3M Co. as its new CFO to address the aftermath of an accounting scandal and regain trust from shareholders. This strategic move brings external expertise to oversee accounting practices and navigate challenges in the agribusiness industry. The new CFO's entry signals a step towards normalcy for ADM post-scandal, though it continues to face investigations and financial pressures. The transportation sector closely monitors such leadership changes as they impact investor confidence and operational stability.