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. Tony Earley Jr.

    The chairman and CEO of Detroit-based energy company DTE Energy ...
  4. Herbert M. Allison Jr.

    Became the president and CEO of Fannie Mae in 2008. Fannie Mae ...
  5. Raúl Alarcón Jr.

    Raúl Alarcón Jr. is the president, CEO and chairman of the Spanish ...
  6. Jamie Dimon

    The chairman, CEO and former president of JPMorgan Chase & Co. ...
Related Articles
  1. Markets

    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.
  2. ETFs & Mutual Funds

    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.
  3. ETFs & Mutual Funds

    XLP: 3 Most Attractive Components of Consumer Staples ETF

    Discover the top three undervalued components of the Consumer Staples Select Sector SPDR ETF, and learn which stocks may be best suited for your portfolio.
  4. ETFs & Mutual Funds

    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.
  5. Markets

    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.
  6. Trading

    The Biofuels Debate Heats Up

    Interest in these new energy sources is growing. Should you buy in?
  7. Professionals

    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.
  8. ETFs & Mutual Funds

    XLK, VITAX: Technology ETF vs. Mutual Fund Case Study

    Read an in-depth comparison of a widely held technology sector ETF versus a popular technology sector mutual fund, and see which one has the edge.
  9. Managing Wealth

    The Path To Becoming A CEO

    Think you have what it takes to be chief executive? Find out what those at the top have in common.
  10. Managing Wealth

    Female CEOs Who Climbed The Corporate Ladder

    These women climbed the ladder and broke the glass ceiling.
RELATED FAQS
  1. 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 >>
  2. 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 >>
  3. 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 >>
  4. Can I receive his full pension and Social Security at the same time?

    My spouse died at age 63 from his disability. I am 60 years old. He took his pension early. Can I receive his full pension ... Read Answer >>
  5. What can we do if my ex-husband is trying to get his 401k to cash out from his previous ...

    How can my ex-husband get it if he has been unemployed since  Read Answer >>
  6. The Chairman of Bright Star Life and Casual had a meeting with his broker this afternoon ...

    The correct answer is b) Insider trading would include information that is material and non-public. Certainly, a poor earnings ... Read Answer >>
Hot Definitions
  1. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  2. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  3. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  4. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  5. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
  6. Real Rate Of Return

    The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other ...
Trading Center