ADM Names AT&T’s Top Lawyer to Board After Accounting Errors (1)

Archer-Daniels-Midland Co. said it appointed AT&T Inc.’s top lawyer to its board, just days after the agricultural commodities trader announced that it discovered more errors in its accounts.

David R. McAtee II, senior executive vice president and general counsel at the telecommunications company, was named a new board member effective immediately, Chicago-based ADM said in a regulatory filing. He will oversee committees responsible for corporate governance and succession.

The appointment is the latest move by ADM to try to regain investor confidence after a January accounting scandal that shook the commodity trading world. Even as the financial ...