Ardent Mills has appointed Erik Wibholm as executive vice president of trading and risk management, effective May 26, 2026, as the company strengthens its commodity-market and customer risk operations during continued volatility across global grain markets.
Wibholm will join the executive leadership team and oversee trading activities, commodity risk strategy, and the Customer Risk Management division.
The appointment comes at a time when wheat pricing, crop-market volatility, logistics disruption, and food inflation continue affecting bakery, packaged-food, and wider grocery supply chains across North America.
Wibholm joins Ardent Mills from Cargill, where he most recently served as senior managing director of global oilseeds. He brings more than 25 years of experience across agricultural commodity markets, including leadership roles linked to global wheat trading operations in Europe and Australia.
Ardent Mills said the leadership change will help expand its risk-management capabilities while supporting customers navigating increasingly unpredictable agricultural markets.
The company plays a major role in flour milling and ingredient supply across the United States, Canada, and Puerto Rico, operating more than 40 production and supply locations tied to bakery manufacturing, foodservice, and wider US FMCG supply chains.
Commodity risk management has become increasingly important for food manufacturers and retailers as input-cost swings continue placing pressure on procurement planning, pricing stability, and private label margins.
Wibholm succeeds Mike Miller, who is retiring after 12 years with Ardent Mills and more than 35 years in agriculture and food markets.
The company said Miller helped build and strengthen its trading and risk-management operations while developing long-standing relationships across the grain and food sectors.
The executive transition signals continued focus on procurement discipline and supply-chain stability as food producers prepare for ongoing volatility across global agricultural markets in 2026.
