Cargill Names Sarena Lin Corporate Vice President, Strategy & Business Development

MINNEAPOLIS, May 24, 2011 /PRNewswire/ -- Cargill today announced that Sarena Lin has been named corporate vice president, strategy and business development.  Lin succeeds Jim Haymaker who will retire after 38 years of service to the company.

Lin comes to Cargill after 13 years at McKinsey and Company, serving in managing partner and principal roles in Taiwan and New York.  Lin has extensive experience in business strategy, mergers and acquisitions, supply chain and strategic sourcing. Earlier in her career, she also held product management roles with Proctor & Gamble and Xerox Corporation.

She received her undergraduate degree from Harvard, a master of arts degree in international relations from Yale and an MBA in strategy from the Yale School of Management.

"Sarena's impressive background in management consulting will add great depth and new perspective to our leadership team," Haymaker said.  "She will play a key role in driving innovation and influencing strategy that will help set the tone for growth at Cargill."

In addition to her SBD role, Lin will become a member of Cargill's Corporate Center, the company's senior most management body representing leadership across businesses and functions.

"I'm eager to contribute to a company with the proven success record that Cargill has earned in the marketplace, and I look forward to building on what Jim has accomplished and to helping shape the organization for future innovation and growth," Lin said.

For the last 20 years, Haymaker worked with strategy and business development teams in supply chain, and mergers and acquisitions, among other areas.  Prior to that, Haymaker held a number of assignments in Cargill businesses, as well as in the consumer marketing department.

Editor's note: photos available upon request.

About Cargill

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 131,000 people in 66 countries. Cargill helps customers succeed through collaboration and innovation, and is committed to sharing its global knowledge and experience to help meet economic, environmental and social challenges wherever it does business. For more information, visit http://www.cargill.com

SOURCE Cargill

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