INGREDION CFO JACK FORTNUM ANNOUNCES RETIREMENT; JIM GRAY, CURRENTLY VP CORPORATE FINANCE, TO SUCCEED FORTNUM AS CFO ;
(Thomson Reuters ONE) -
WESTCHESTER, Ill., February 2, 2017 - Ingredion Incorporated (NYSE: INGR), a
leading global provider of ingredient solutions to diversified industries, today
announced that Jack Fortnum, CFO and executive vice president, plans to retire
on June 30, 2017 after 33 years with the company.
Jim Gray, Ingredion vice president corporate finance, will be become executive
vice president and CFO effective March 1, when Fortnum will move into a senior
advisory role until his retirement.
"We greatly appreciate Jack's years of dedication to Ingredion. His combination
of financial, operational and international experience has made him an
invaluable business partner in executing Ingredion's growth strategy and
delivering shareholder value. He has been an enthusiastic leader and valued
member of our executive team," said Ilene Gordon, Ingredion chairman, president
and CEO. "Jack will be missed by our leadership team, employees, directors and
external constituents. We wish him our best.
"Jim will be a welcome addition to the executive team. With his breadth of
experience, both within and outside of the Company, he adds incredible
perspective and value. I look forward to working with Jim in this role," Gordon
added.
Gray joined Ingredion in 2014 as vice president finance North America. Prior to
Ingredion, he spent 12 years at PepsiCo, Inc. in senior finance and strategy
positions, including three years as Gatorade division CFO and vice president
finance PepsiCo. Gray earned a master's degree from the Kellogg School of
Management, Northwestern University in Evanston, Illinois and a bachelor's
degree from the University of California, Berkeley.
ABOUT INGREDION
Ingredion Incorporated (NYSE: INGR) is a leading global ingredient solutions
provider. We turn grains, fruits, vegetables and other plant materials into
value-added ingredients and biomaterial solutions for the food, beverage, paper
and corrugating, brewing and other industries. Serving customers in over 100
countries, our ingredients make crackers crunchy, yogurts creamy, candy sweet,
paper stronger and add fiber to nutrition bars. Visit Ingredion.com to learn
more.
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CONTACT:
Investors: Heather Kos, 708-551-2592
Media: Claire Regan, 708-551-2602
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ingredion Incorporated via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 02.02.2017 - 12:30 Uhr
Sprache: Deutsch
News-ID 521665
Anzahl Zeichen: 3005
contact information:
Town:
Westchester, Illinois
Kategorie:
Business News
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