DECATUR, Ill. -- Steven Furcich has been named President-IMC, now a wholly-owned subsidiary of Archer Daniels Midland Inc.

Last week, ADM announced its purchase of Lesaffre's 50-percent interest in International Malting Company.

Furcich joined ADM in 1981, and has had responsibilities in several operations management positions including vice president-operations for Global Oilseed Processing, Cocoa and Feed divisions. He most recently served as president-ADM Natural Health & Nutrition division.

Janice K. Binger has been promoted to succeed Furcich as president-ADM Natural Health & Nutrition division. In this role, she will be responsible for the vitamin E, sterols and isoflavone businesses. She will be located in Decatur.

Binger joined the Company in 2002, most recently serving as vice president-ADM Natural Health & Nutrition with responsibilities for global sales and development of new products for ADM's nutrition business.

Archer Daniels Midland Company is a world leader in agricultural processing and fermentation technology. ADM is one of the world's largest processors of soybeans, corn, wheat and cocoa. ADM is also a leader in the production of soybean oil and meal, ethanol, corn sweeteners and flour. In addition, ADM produces value-added food and feed ingredients. Headquartered in Decatur, Ill., ADM has more than 26,000 employees, more than 240 processing plants and net sales for the fiscal year ended June 30, 2006 of $36.6 billion.

Source: Archer Daniels Midland Company via PR Newswire.