Core Insights - MGP Ingredients, Inc. announced the retirement of Karen Seaberg from its Board of Directors after over 15 years of service, effective December 14, 2025, and the appointment of Julie Francis as a new director, effective December 15, 2025 [1][2][3] Group 1: Leadership Transition - Karen Seaberg has served as a long-standing director and Chairman of the Board from 2014 to 2024, providing leadership during significant growth and transformation periods for the company [2] - Julie Francis, the current CEO, has been recognized for her strong leadership and strategic focus, which is expected to enhance the Board's effectiveness as the company continues to execute its long-term strategy [3] Group 2: Company Background - MGP Ingredients, Inc. has been operational since 1941, focusing on the alcoholic beverage and specialty ingredient industries through three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions [4] - The company is a leading spirits distiller with a portfolio of premium brands, including Penelope, Rebel, Remus, and Yellowstone bourbons, as well as El Mayor tequila, and operates distilleries in Indiana and Kentucky [4]