Agribusiness group Archer Daniels Midland announced yesterday (21 My) that its has appointed Dow Chemical executive Juan Luciano as executive vice president and chief operating officer.

Luciano will take up his position in the newly created role on 12 April, when he will also join the company’s strategic planning committee.

Luciano will report to chairman, CEO and president Patricia Woertz and vice chairman John Rice.

Luciano currently is currently executive vice president of Dow Chemical Co. and president of its performance division.