CHICAGO, ILLINOIS, US — ADM has named Carrie Nichol as vice president and chief accounting officer, effective March 1. She will succeed Molly Strader Fruit, who currently serves as vice president and corporate controller but will be moving into a new role as vice president of total rewards and HR operations.

In her new role, Nichol will be responsible for the company’s external and management accounting and reporting processes, internal control functions and insurance and risk management department. She will report to Monish Patolawala, who joined the company in July 2024 as executive vice president and chief financial officer.

Nichol has more than 20 years of experience in finance and accounting, most recently as senior vice president, CAO and global process leader at Cargill. At Cargill, she was responsible for the company’s accounting operations, which included its corporate and technical accounting, internal controls and financial global business services. She also oversaw Cargill’s global process organizations, seven global capability centers, and the finance organization’s process, data and technology teams.

Prior to Cargill, Nichol was vice president, controller and CAO at Zimmer Biomet, the largest global orthopedic medical device company. Nichol began her career in public accounting with KPMG LLP.

She received a bachelor’s degree in business management at Widener University and a master’s degree in finance at Villanova University. She is a licensed certified public accountant.

“Carrie’s depth of knowledge and proven track record in corporate finance and accounting makes her an excellent addition to our finance organization and leadership team,” Patolawala said. “We are confident that Carrie is the right person to lead this crucial part of our business, and I look forward to working with her to continue executing our strategic priorities.”