ADM director Lei Z. Schlitz to resign from board effective December 31, 2026
Archer-Daniels-Midland's board accepted the resignation of director Lei Z. Schlitz, effective December 31, 2026, after she tendered it under the company's governance guidelines because of a voluntary material change in her principal employment. The filing states the resignation is not due to any disagreement with the company on operations, policies, or practices, and it does not name a successor.
Key points
- Board accepted the resignation on August 6, 2026; it takes effect December 31, 2026
- Board asked Ms. Schlitz to remain through the end of the year
- Reason given: voluntary material change in her principal employment; no disagreement with the company
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.