Patricia Woertz is chairman of the board of directors of Archer Daniels Midland Company (ADM), one of the world's largest agricultural processors of soybeans, corn, wheat, and cocoa.
Woertz joined ADM as CEO and president in April 2006 and was named chairman of the board in February 2007. She served as CEO until December 2014. During that tenure, Woertz drove efforts to improve shareholder returns while growing the business through acquisitions, capital investments, and partnerships. Under her leadership, ADM strengthened its global network and grew its portfolio of higher-margin products.
Beginning her career as a certified public accountant with Ernst & Ernst - later Ernst & Young - in Pittsburgh, she then joined Gulf Oil Corporation (later Chevron) in 1977, where she held various positions in finance, strategic planning, refining, and marketing. In 2001, she was named executive vice president in charge of Chevron's global refining, marketing, lubricant, and supply and trading operations.
She serves on the boards of directors of The Procter & Gamble Company, Royal Dutch Shell PLC, and UI LABS, a nonprofit public-private collaboration that fosters research and commercialization efforts to solve large-scale industrial challenges. She also chairs the U.S. section of the U.S.-Brazil CEO Forum and is a vice chair of The Business Council. In 2010, President Obama appointed her to the President's Export Council.
Woertz holds a bachelors degree in accounting from the Penn State Smeal College of Business and is an honorary member of the Smeal Board of Visitors. Penn State has awarded her its highest recognition for alumni.