G. Allen Andreas Jr.

DEFINITION of 'G. Allen Andreas Jr.'

The former president, chairman and CEO of agribusiness company Archer Daniels Midland (ADM). In the late 1990s he took over as CEO for his uncle, Dwayne Andreas. Andreas Jr. also served as president of ADM and in 1999 became chairman. He is known for turning the company around after it was hit with price fixing charges in 1993.

BREAKING DOWN 'G. Allen Andreas Jr.'

Born in 1943 in Iowa, Andreas Jr. joined ADM in 1973 as a lawyer. Prior to that, he worked in the U.S. Treasury Department in Denver.





Based in Decatur, Ill., ADM is an agricultural processor of human food ingredients such as vegetable oils, flour and sweeteners; animal food ingredients and feed; and biofuels such as ethanol.

RELATED TERMS
  1. E. Linn Draper Jr.

    A former chairman, CEO and president of Ohio-based public utility ...
  2. Henry A. McKinnell Jr.

    A former CEO and chairman of pharmaceutical giant Pfizer. Born ...
  3. Herbert M. Allison Jr.

    Became the president and CEO of Fannie Mae in 2008. Fannie Mae ...
  4. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & ...
  5. Tony Earley Jr.

    The chairman and CEO of Detroit-based energy company DTE Energy ...
  6. William E. Mitchell

    A chairman and CEO of Arrow Electronics. William E. Mitchell ...
Related Articles
  1. Executive Compensation

    The 5 Highest Paid Executives in the Consumers Sectors (LBTYA, CBS)

    Discover who the highest-paid executives in the consumer sectors are and how they reached their positions of power and influence.
  2. Investing News

    The 5 Highest Paid Executives in the Utilities Sector (D, POM)

    Learn who the top five executives are in the utilities sector and find out who is the highest paid executive of them all and their respective companies.
  3. Professionals

    America's Top CEOs and Their College Degrees

    You might expect all of America's top CEOs to have a business degree from an Ivy League school, but they hail from a variety of academic backgrounds.
  4. Economics

    What are the Federal Reserve Chairman's responsibilities?

    Learn about the duties and responsibilities of the chairman of the Federal Reserve Board, including testifying before Congress and as chair of the FOMC.
  5. Investing News

    The 5 Highest Paid Executives in The Financial Sector (JPM, C)

    Learn who the highest paid executives in the financials sector are and how they became some of the most influential and powerful people in the world.
  6. Mutual Funds & ETFs

    The Top 3 ETFs For Investing in Agriculture (DBA, MOO)

    Learn about some the best available exchange-traded funds for profiting from exposure to the agricultural sector through stocks and futures.
  7. Investing

    The Top 3 Boeing Shareholders (BA)

    Learn about the largest shareholders of stock in The Boeing Company, including individuals, institutional investors and mutual fund holders.
  8. Mutual Funds & ETFs

    3 ETFs to Hedge Against the Food Shortage Risk

    Learn about a possible global food shortage. Discover three exchange-traded funds that can be used to gain exposure to this investment niche.
  9. Investing News

    The 5 Highest Paid Executives in the Healthcare Sector (AGN, PFE)

    Discover who the highest paid executives in the health care sector are and how much they make, while the cost of health care continues to skyrocket.
  10. Investing

    What CEOs Actually Do

    CEOs are responsible for the overall operation of a business, and are usually elected by shareholders and the board of directors.
RELATED FAQS
  1. What is the difference between a president and a chief executive officer? Can there ...

    In general, the chief executive officer (CEO) is thought of as the highest ranking officer in a company while the president ... Read Answer >>
  2. How does a change in CEO impact stock price?

    Learn what effect hiring a new CEO has on the value of a company's stock. Explore which factors are most likely to influence ... Read Answer >>
  3. How is the Chairman of the Securities and Exchange Commission (SEC) chosen?

    Learn how the Chairman of the Securities and Exchange Commission is chosen, from presidential appointment to Senate confirmation. Read Answer >>
  4. What stock factors should you consider when a company makes a CEO change?

    Learn about factors affecting the price of stock following a change in CEO. Explore why a change in CEO may be positive or ... Read Answer >>
  5. How does scarcity affect global agriculture stocks?

    Explore how scarcity affects the price of agricultural stocks. Learn how the price of agricultural commodities is closely ... Read Answer >>
  6. Why is it less than ideal for a CEO of a company to also hold the position of COO?

    Learn the difference between a company's CEO and COO, and understand the division of labor that should be present between ... Read Answer >>
Hot Definitions
  1. Reverse Mortgage

    A type of mortgage in which a homeowner can borrow money against the value of his or her home. No repayment of the mortgage ...
  2. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  3. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  4. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  5. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  6. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
Trading Center