CHICAGO, ILLINOIS, USA. — John Stott has been appointed president of ADM Investor Services, Inc. (ADMIS), effective July 1. He will succeed Tom Kadlec, who announced his retirement after nearly 32 years at ADM.
Stott is currently Group Vice President, Finance, Corporate Treasurer and Chief Financial Officer of Global Technology and 1ADM. He is also a longtime executive at ADM, having held various positions within the company for nearly 30 years.
“This announcement creates mixed emotions as we are both very pleased to have John on board to lead the ADMITTED team and also extremely grateful for Tom’s many years of service and exemplary accomplishments,” said Ray Young, Vice -president of ADM, which ensures the executive supervision of ADMIS. “John brings a strong global perspective through a wide range of previous experience and responsibilities, strong relationships with many of our key external audit partners, and an in-depth knowledge of ADMIS and ADM as a whole, which will serve him well in this new role.. Tom’s leadership at ADMIS has been instrumental in the success and growth of the organization, and we wish him all the best for a healthy and happy retirement.
Stott joined ADM in 1992 and has held several management positions in accounting and finance. Prior to his current responsibilities, he was the company’s controller and chief accountant. Prior to that, he was Operations Controller and Chief Financial Officer Europe, based in Hamburg, Germany. Prior to joining ADM, Stott spent five years with Continental Grain Co. in London, England. Stott obtained his accounting qualifications in the UK, studying with the Association of Accounting Technicians and then the Association of Chartered Certified Accountants, where he continues to be an associate member today.
For over 50 years, ADMIS has been a leader in the futures industry providing comprehensive brokerage services to institutional, commercial and retail clients. Based in Chicago, Illinois, USA, ADMIS is a Futures Commission Registered Merchant, supported by a network of affiliated brokers and sister companies in the USA and around the world. ADMIS is a 100% subsidiary of ADM.