Thomas Kadlec named president of ADM Investor Services
Thomas R. Kadlec has succeeded Richard W. Dodson as president of ADM Investor Services, the Archer Daniels Midland Company’s wholly owned commodity futures brokerage subsidiary.
ADMIS, headquartered at the Chicago Board of Trade, offers futures trade execution and clearing services to retail, commercial and institutional clients.
Other ADMIS offices are located in Kansas City; New York; Hong Kong; London; Mumbai, India; and Taipei, Taiwan.
Kadlec (pictured) has been chief financial officer and controller of ADMIS since 1990 and was promoted to senior vice president in 2007. During his tenure with ADM, he also has served as president of ADM Derivatives, which merged with ADMIS in January 2009, and as chief financial officer of ADM Securities. He currently serves on the management boards of both ADMIS and ADMIS International.
“Tom Kadlec’s appointment will provide ADMIS, its employees and customers with a seamless transition from Dick Dodson’s fine leadership,” says Mark Bemis, president, ADM Cocoa, Milling and Financial Services. “Dick’s decision to retire comes after 35 years of outstanding service to our company; in that time, he has been instrumental in building our futures trading business.”
Kadlec began his career as an auditor at the Chicago Mercantile Exchange in 1981 and held senior-level financial positions at two Chicago-based trading and investment firms before joining ADMIS.