Thomas R. Kadlec

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Thomas R. Kadlec
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Occupation President
Employer ADM Investor Services
Location Chicago
LinkedIn Profile
Website www.admis.com

Thomas R. Kadlec is president of ADM Investor Services (ADMIS), a subsidiary of Archer Daniels Midland. He rose to the position in March 2010, succeeding Richard Dodson.[1][2][3][4][5][6]

Kadlec announced in April 2022 that he would retire after nearly 32 years with ADM. John Stott will take over as the new president effective July 1, 2022.[7]

Before taking the position of president, Kadlec served as chief financial officer and controller of ADMIS since 1990. He also serves on the management boards of ADMIS and ADMIS International Ltd.

In November 2014, Kadlec was elected to the board of the Futures Industry Association.[8]

Kadlec is also a member of the CFTC Agricultural Advisory Commitee.

Background[edit]

Kadlec joined ADM Investor Services in 1990 as division controller in charge of accounting, treasury and risk. He later became chief financial officer and then in 2007 he was promoted to senior vice president with the additional responsibilities of the IT and marketing departments. He was named president in 2010. [9]

He has been a member of Archer Daniels Midland Company’s Integrated Risk Committee since 2008. He also serves on the CME Group’s Clearing House Committee.

He started his career as an auditor at the Chicago Mercantile Exchange in 1981 and held senior-level financial positions at two other trading and investment firms prior to joining ADMIS.

In 2017, Kadlec sent an email to employees informing them all orders sent to the CME Group trading floor would be routed to the 24-hour trading desk for electronic execution rather than being filled in the trading pits.[10] The CME Group had shut down the agricultural futures trading pits in Chicago, but futures options pits were still open.

In 2017, Kadlec also signed a long-term rent deal with Glenstar Properties for 60,000 square feet of space, making a point to show how committed ADMIS was to being in the futures business.[11]

In 2019, Kadlec presented to the CFTC's Agricultural Advisory Committee about "The Future of FCMs" at a meeting in Washington, DC.

Education[edit]

Kadlec holds a bachelor’s degree in business administration from the University of Iowa.

Videos[edit]

Kadlec was interviewed by John Lothian News for the John Lothian Profiles video services in 20216.

References[edit]

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