James Zallie to become CEO; Ilene Gordon to serve as executive chairman
Ingredion Incorporated, a global provider of ingredient solutions to diversified industries and a FORTUNE 500 company, announced that its board of directors has unanimously selected James P. (Jim) Zallie as the company's president and CEO effective January 1, 2018. Ilene Gordon, current CEO, president and chairman, will serve as the company's executive chairman of the board, a position she will hold until her retirement in July 2018. Zallie will also immediately join Ingredion's board of directors.
"I am extremely honored and proud to have served as Ingredion's CEO for the past eight and a half years. It truly has been the highlight of my career and I have enjoyed every moment of it," Gordon said. "We have successfully transformed the business, taking it from a 20th century supplier to a 21st century innovator. I believe Ingredion is well positioned for the future, and I appreciate the dedication and contributions of the board, leadership team and employees to our success.