Cargill's next CEO hopeful on climate [Reuters]
Wed May 16, 2007 6:11pm ET146
WAYZATA, Minnesota (Reuters) - Climate change is central to the strategic planning of global agribusiness and trading giant Cargill Inc. (CARG.UL: Quote, Profile , Research), the company's president and chief operating officer, Gregory Page, said on Tuesday.
"I believe in the absence of some startling new information that the world is headed to a place where you are charged or penalized for putting carbon dioxide in the air and you're going to be rewarded for removing it," Page, who will succeed Warren Staley as Cargill's new chief executive officer on June 1, told Reuters in an interview.
"Even from the Republican side of the aisle there is a sentiment that practical, pragmatic things can be done in the near term," Page said. "I think it could happen in this administration."
"On a corporate level it touches on almost every part of our business, whether it's transportation, fertilization, acreage," he added, referring to climate change.
Page, a 33-year Cargill veteran who spent years running its EXCEL and red-meat production businesses, will become the sprawling agribusiness and trading conglomerate's eighth CEO and fourth from outside the Cargill and MacMillan families, who still own just more than 90 percent of the company... |
