Dwayne Andreas (1918-2016) *98
This memorial website was created in memory of Dwayne Andreas, 98, born on March 4, 1918 and passed away on November 15, 2016.
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was one of the most prominent political campaign donors in the United States, having contributed millions of dollars to Democratic and Republican candidates alike. For twenty-five years, he was in the leadership of Archer Daniels Midland (ADM), the largest processor of farm commodities in the United States, where he made his fortune.
Andreas was born in Worthington, Minnesota. He grew up mostly in Iowa (with siblings Albert, Lenore, Glen, Osborne and Lowell) and attended Wheaton College in Illinois, but dropped out in his sophomore year after getting married, and went to work for a modest, family-owned food-processing firm in Cedar Rapids, Iowa. When Cargill bought the Cedar Rapids facility in 1945, Andreas joined the commodity firm, eventually becoming a vice president. Andreas resigned from Cargill in 1952, and continued in the vegetable oil business, eventually as an executive of the Grain Terminal Association.
In 1971 Andreas became Chief Executive Officer of ADM, and is credited with transforming the firm into an industrial powerhouse — so powerful that by 1996, ADM had been investigated for price-fixing and was assessed the largest antitrust fine in United States history: 100 million dollars. Andreas remained CEO until 1997.
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This page was created on 2016-12-31T00:00:00
Last changed on 2021-01-17T13:35:00
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