Jim Zallie & Ingredion

Jim Zallie: As chairman and CEO of Ingredion>>>, Jim Zallie>>> highlighted the strategic benefits of acquiring Tate & Lyle>>>, emphasizing the creation of a global leader and value for stakeholders.

Ingredion: Ingredion>>> is acquiring Tate & Lyle>>> for £2.7 billion, which will expand its global footprint, diversify its product portfolio, and create a global leader in ingredient solutions.

Jim Zallie: Jim Zallie, Ingredion's chairman, president, and CEO, commented on the strategic benefits of the transaction, highlighting its role in portfolio transformation and investment in higher-growth businesses.

Ingredion: Ingredion completed the sale of a 51% interest in Rafhan Maize Products Company Limited for approximately $165 million, reducing earnings volatility and freeing up capital for higher-growth businesses. It retains a 20% ownership, maintaining access to Middle East and South Asia markets.

Jim Zallie: Jim Zallie>>>, chairman, president, and CEO of Ingredion>>>, announced the appointment of Kenneth Escoe>>> to the board, expressing confidence in his contributions.

Ingredion: Ingredion appointed Kenneth Escoe>>> to its board of directors, which is expected to strengthen the board's perspectives and decision-making, supporting the company's long-term growth strategy.