Ingredion Board of Directors Waives Mandatory Retirement for Jim Zallie; Will Continue as Ingredion President & CEO

Core Points - Ingredion Incorporated's Board of Directors has waived the mandatory retirement policy for CEO James P. Zallie, allowing him to continue in his role beyond April 2026 when he turns 65 [1][2] - The Board expressed full confidence in Zallie's leadership, particularly in driving the company's innovation-driven growth strategy [2] - Ingredion reported annual net sales of approximately $7.4 billion for 2024, serving customers in over 120 countries with a focus on ingredient solutions for various markets [3] Company Overview - Ingredion is headquartered in Westchester, Illinois, and operates globally, providing ingredient solutions for food, beverage, animal nutrition, brewing, and industrial markets [3] - The company employs more than 11,000 people and has innovation centers known as Ingredion Idea Labs® around the world [3] - Ingredion's mission is to combine the potential of people, nature, and technology to enhance quality of life [3]