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ADM postpones some executive bonuses amid accounting probe

Business & Finance

Reuters exclusively reported that Archer-Daniels-Midland Co (ADM.N), will delay paying performance bonuses to some executives until its financial statements are completed and audited. 

Market Impact

News of the investigation into accounting practices sent ADM shares tumbling 24% on Jan. 22, the biggest fall since 1929, according to the Center for Research in Security Prices. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Economy & PolicyFinancial Services

Regions: Americas

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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