February 9, 2010 (FinancialWire) — Archer Daniels Midland Co. (NYSE: ADM) has named Matthew J. Jansen as president of its Oilseeds business unit.

Jansen’s scope of responsibility includes all commercial activity, operations and production for the company’s Oilseeds business unit.

Since joining ADM in 1989, he has held a range of merchandising and management roles, including serving as president of the company’s operations in South America and president of its Grain Group. Most recently, he served as vice president, Risk Management and Ethanol Trading and Sales.

Illinois-based Archer Daniels Midland operates more than 230 processing plants, where it converts corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses.

The company posted net sales for the fiscal year ended June 30, 2009, of $69 billion.

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