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|INGREDION NAMES MARTIN SONNTAG SENIOR VICE PRESIDENT, STRATEGY AND GLOBAL BUSINESS DEVELOPMENT|
WESTCHESTER, Ill., September 24, 2015 - Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, today announced the appointment of Martin Sonntag to senior vice president, strategy and global business development, effective November 1, 2015.
Sonntag will lead the development of Ingredion's global strategy, including the execution of strategic acquisitions and alliances to further drive global growth and deliver shareholder value.
Sonntag joined Ingredion in 2014 as vice president and general manager, EMEA (Europe, the Middle East and Africa). Prior to Ingredion, he served as an executive investment partner and portfolio manager at ADCURAM Group AG where he oversaw investment strategies for a broad industrial-business portfolio. He also held a variety of positions at Dow Chemical, where over his 24-year career he advanced to become general manager of DowWolff Cellulosics.
"I am delighted to welcome Martin to Ingredion's executive leadership team. His combination of internal and external experience make him uniquely qualified for the position. At Ingredion he has continued the EMEA region's strong business performance and shaped and refined our approach to markets and customers in the region. And, his experience negotiating acquisitions will be extremely valuable to support our trajectory as a leading global ingredient solutions provider," said Ingredion Chairman and CEO, Ilene Gordon.
Sonntag holds a bachelor's degree in chemical engineering from the Hamburg University of Technology in Germany and is a graduate of the INSEAD Advanced Management Program.
Investors: Heather Kos, 708-551-2592
Media: Claire Regan, 708-551-2602