April 22 (Reuters) - Grain trader Archer-Daniels-Midland ( ADM )
said on Monday that Chief Financial Officer Vikram
Luthar will resign from his role effective Sept. 30.
The company had put Luthar on administrative leave in
January when it launched an internal investigation focused on
accounting practices in its Nutrition segment, the smallest of
three business units at the 122-year-old company.
The Chicago-based grain trader is confronting past
accounting issues that have triggered two government
investigations and forced the company to revise six years of
financial data.
The company said Luthar will receive $743,419 in cash
performance incentive award for 2023.
(Reporting by Tanay Dhumal in Bengaluru; Editing by Sriraj
Kalluvila)