Ingredion Incorporated Announces Retirement of Paul Hanrahan from the Board of Directors, Effective October 28, 2023
September 18, 2023 at 04:01 pm EDT
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On September 15, 2023, director Paul Hanrahan informed Ingredion Incorporated of his decision to retire from the company?s Board of Directors following his assumption of the role of Chairman of Cubico Sustainable Investments. Mr. Hanrahan has served as a director of Ingredion since 2006 and his resignation will be effective October 28, 2023. Mr. Hanrahan indicated that his decision to retire was not the result of any disagreement with the Company on any matter relating to the Company?s operations, policies, or practices.
Ingredion Incorporated is a global ingredients solutions provider that transforms grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. It develops, produces, and sells a variety of food and beverage ingredients, primarily starches and sweeteners, for various industries. It operates through four segments: North America, South America, Asia-Pacific, and Europe, Middle East and Africa (EMEA). Its products are derived primarily from the processing of corn and other starch-based materials, such as tapioca, potato, and rice. Its product lines include starches and sweeteners, animal feed products and edible corn oil. The starch-based products include both food-grade and industrial starches, as well as biomaterials. The sweetener products include glucose syrups, high maltose syrups, high fructose corn syrup, caramel color, dextrose, maltodextrins, and glucose and syrup solids.