Word: degussa
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Dates: during 1990-1999
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Whitacre brought that high intensity to ADM, where he arrived in 1989 after jobs as a researcher at Ralston Purina and a manager at Degussa, a German-owned chemical firm. He organized and ran ADM's fast-growing biochemical-products division. Under Whitacre's supervision the company began making the feed additive lysine in 1991; it now controls half the worldwide market. That made Whitacre a favorite of ADM chairman Dwayne Andreas and a likely successor to company president James Randall, 71. "He was very proud and excited about his work at ADM," says Combs, who kept in touch with...