UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 1, 2015
INGREDION INCORPORATED
(Exact Name of Registrant as Specified in Its Charter)
| Delaware | 1-13397 | 22-3514823 | ||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 5 Westbrook Corporate Center, Westchester, Illinois | 60154-5749 | |
| (Address of Principal Executive Offices) | (Zip Code) |
(708) 551-2600
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers, Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On October 5, 2015 Ingredion Incorporated (the “Company”) announced that on October 1, 2015 James P. Zallie, currently Executive Vice President, Global Specialties and President, North America and EMEA was elected, effective January 1, 2016, to serve as Executive Vice President, Global Specialties and President, Americas. In this expanded role, Mr. Zallie will overall responsibility for the business development and financial performance of the Company’s North America and South America regional businesses, while continuing to lead our specialties business on a global basis. From January 1, 2016 until his retirement in February, 2016, Ricardo de Abreu Souza, Senior Vice President and President, South America Ingredient Solutions, will report to Mr. Zallie.
Jorgen Kokke, currently Senior Vice President and President, Asia-Pacific, was elected, effective January 1, 2016, to serve as Senior Vice President and President, Asia-Pacific and EMEA. In this expanded role, Mr. Kokke will have overall responsibility for these two regional businesses.
For additional information, see our press release dated October 5, 2015, a copy of which is filed herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
| (d) | Exhibits. |
| Exhibit No. |
Exhibit | |
| 99.1 | Press release dated October 5, 2015. | |
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| INGREDION INCORPORATED | ||||||
| Date: October 5, 2015 | By: | /s/ Jack C. Fortnum | ||||
| Jack C. Fortnum | ||||||
| Executive Vice President and Chief Financial Officer | ||||||
3
EXHIBIT INDEX
| Exhibit No. |
Exhibit | |
| 99.1 | Press release dated October 5, 2015. | |
4
Exhibit 99.1
| Ingredion Incorporated 5 Westbrook Corporate Center Westchester, IL 60154 |
CONTACT: Investors: Heather Kos, 708-551-2592 Media: Claire Regan, 708-551-2602 |
INGREDION ANNOUNCES EXECUTIVE LEADERSHIP CHANGES
WESTCHESTER, Ill., October 5, 2015 – Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, today announced changes to the structure of the executive leadership team effective January 1, 2016.
James P. Zallie, currently Executive Vice President, Global Specialties and President, North America and EMEA, will be appointed Executive Vice President, Global Specialties and President, Americas. Zallie will lead both the North America and South America regional businesses, aligning operations to capitalize on emerging growth opportunities. He will also continue leading the growth of the Company’s global specialties portfolio.
Jorgen Kokke, currently Senior Vice President and President, Asia Pacific, will be appointed Senior Vice President and President, Asia Pacific and EMEA. Kokke will lead both the Asia Pacific and EMEA regional businesses, Ingredion’s growth engines with similar challenges and opportunities.
“These changes to our executive team structure will further improve alignment, leverage opportunities across similar businesses and geographies and streamline organizational reporting,” said Ingredion Chairman and CEO, Ilene Gordon. “I have great confidence in the strategic leadership capabilities of both Jim and Jorgen,” she added.
Prior to Zallie’s current role, he served as Executive Vice President, Global Specialties and President, EMEA and Asia-Pacific. Previously, he was President and Chief Executive Officer of National Starch, where he worked for more than 27 years in various positions of increasing responsibility. Zallie holds master’s degrees in food science and business administration from Rutgers University and a bachelor’s degree in food science from Pennsylvania State University.
(more)
Ingredion Executive Leadership – 2
Before assuming his current role in January 2014, Kokke served as Vice President and General Manager, EMEA, based in Hamburg, Germany. Prior to joining Ingredion in 2009, he was Vice President at CSM NV, a global food ingredients supplier. He also worked at Loders Croklaan, a manufacturer of specialty oils and fats, in sales, business development, marketing and general management in Europe and the United States. Kokke has a master’s degree in economics from the University of Amsterdam.
ABOUT INGREDION
Ingredion Incorporated (NYSE:INGR) is a leading global ingredients solutions provider specializing in nature-based sweeteners, starches and nutrition ingredients and biomaterial solutions. With customers in more than 100 countries, Ingredion serves approximately 60 diverse sectors in food, beverage, brewing, pharmaceuticals and other industries. For more information, visit ingredion.com.
###