Skip to main content
Updated:
Original:

Cargill CFO steps down, cites 'personal reasons'

Minnesota-based Cargill's Chief Finanical Officer Sergio Rial plans to leave the company at the end of November after just 16 months in the position, the company said Friday. He plans to return to his native Brazil for "personal reasons." Sudden exits of top executives at the company are unusual, the Star Tribune reports. Rial, 52
Author:

Minnesota-based Cargill's Chief Finanical Officer Sergio Rial plans to leave the company at the end of November after just 16 months in the position, the company said Friday. He plans to return to his native Brazil for "personal reasons." Sudden exits of top executives at the company are unusual, the Star Tribune reports.

Rial, 52

Next Up

Target store

Target's gift card discount is back, but for this weekend only

The fine print: for Target Circle members only (but membership is free).

Screen Shot 2020-06-15 at 7.11.05 AM

Minneapolis teen arrested in St. Cloud after fleeing police in stolen vehicle

The vehicle was stolen in a car-jacking in Minneapolis Thursday.

snow, blowing snow

Winter storm warnings issued with heavy snow set to slam MN

Parts of northern Minnesota could see more than a foot of snow, but there won't be much in the Twin Cities.

D'Angelo Russell

With KAT out, Timberwolves can't upset Nets

D'Angelo Russell stepped up but couldn't overcome Brooklyn's firepower.

Everson Griffen Vikings dot com

Everson Griffen confirms he has bipolar disorder

"I’ve been running from it a long time. I’m not ashamed of it anymore.”

Angela Renee Jones, St. Cloud murder suspect

St. Cloud suspect now charged in two local murder cases

Both murders happened within a day of each other in June.

st anthony 3 crop

Twin Cities police ask for help finding missing 16-year-old

Police say all her family and friends have been contacted, and none of them know where she is.

mpd suspect 12.3.21 - 1 - CROP

MPD releases photos of shooting suspect, asks for public's help

The man is wanted in connection with a fatal shooting that happened Wednesday evening.

redmons popcorn colbert 2

Support grows for Redmon's Popcorn after shop's sudden closure

The county also commented on the situation, saying it hopes to help owner Zack Redmon.

prior lake high school

Prior Lake HS investigating another 'racist' video involving student

The principal said the social media video was reported to them this week.

Related

Cargill to open $250 million chicken broiler in China

Wayzata-based Cargill Inc. says the company plans to operate one the largest poultry broiler production facilities in China next year. The facility currently under construction will raise 65 million birds a year. Cargill invested $250 million into the plant. China's poultry industry is rapidly expanding with annual growth at 5 to 6 percent.

Cargill to boost biodiesel production in Missouri

Cargill Inc. plans to increase the production capacity of its joint-venture Paseo Biofuels LLC biodiesel plant in Kansas City by 40 percent, Reuters reports. The Minnetonka-based agriculture giant expects the expansion to be complete by March 2013.

Cargill to invest nearly $400 million in Africa

Bloomberg News is reporting Cargill Inc. plans to develop industrial palm-oil plantations and processing facilities in Ivory Coast within five years. The Minnetonka-based agribusiness giant may invest $380 million in the project. Cargill is one of the biggest cocoa exporters in the West African nation, the world’s top grower of the crop.

Cargill claims to be victim in fraud scheme

Minnetonka-based Cargill Inc., one of the world's largest commodities traders, claims in a new lawsuit that it was duped in a business fraud that involves the sale of fake renewable energy credits, the Star Tribune reports. The company says it arranged to buy 1.2 million biodiesel credits from a New York broker in 2010, and learned later the credits were invalid.

Cargill to cut 2,000 workers

The Wayzata-based agribusiness employs 6,600 employees in Minnesota, and although the cuts are not focused in any one area, Cargill won't say how many Minnesota workers will be laid off.

Cargill buys renewable fluid business

Wayzata-based Cargill says it has acquired the global Envirotemp FR3 fluid business and brand from Milwaukee-based Cooper Power Systems.

3M, Cargill, General Mills among companies to share energy secrets

Several companies gathered to swap power-saving tips at 3M's energy-efficiency summit on Monday. The Maplewood-based company touted its plan to change light bulbs across 35 million square feet of factory space, the Star Tribune reports.