How to Pronounce Mark Whitacre
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May 01, 1957 Morrow, Ohio, United States 67 years old
American chief executive and money launderer
TaurusMark Whitacre - Place of Birth, Date of Birth, Age, Wiki, Facts, Net Worth, Birthday, Biography and Family
Mark Whitacre, Date of Birth, Place of Birth, Family, Facts, Age, Net Worth, Biography and More in FamedBorn.com
About Mark Whitacre
- Mark Edward Whitacre (born May 1, 1957) is an American business executive who came to public attention in 1995 when, as president of the Decatur, Illinois-based BioProducts Division at Archer Daniels Midland (ADM), he became the highest-level corporate executive in U.S.
- history to become a Federal Bureau of Investigation (FBI) whistleblower.
- For three years (1992–95), Whitacre acted as a cooperating witness for the FBI, which was investigating ADM for price fixing.
- In the late 1990s Whitacre was sentenced to 9 years in federal prison for embezzling $9.5 million from ADM at the same time he was assisting the federal price-fixing investigation.ADM investigated Whitacre's activities and, upon discovering suspicious activity, requested the FBI investigate Whitacre for embezzlement.
- As a result of $9.5 million in various frauds, Whitacre lost his whistleblower's immunity, and consequently spent eight and a half years in federal prison.
- He was released in December 2006.
- Whitacre is currently the chief operating officer and President of Operations at Cypress Systems, a California biotechnology firm.
