STOCK TITAN

Dr. Michael Leonard Joins Ingredion as Senior Vice President, Chief Innovation Officer and Head of Protein Fortification

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary
Ingredion Incorporated appoints Dr. Michael Leonard as Senior Vice President, Chief Innovation Officer, and Head of Protein Fortification. Leonard brings over 21 years of experience in product development and commercialization in the food and beverage industry, with a focus on global markets. His expertise will enhance Ingredion's portfolio and drive innovation.
Positive
  • None.
Negative
  • None.

WESTCHESTER, Ill., April 15, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced the appointment of Dr. Michael Leonard to the role of senior vice president, chief innovation officer and head of protein fortification, effective May 13, 2024. Leonard will serve as a member of the Company’s executive leadership team and will report to Jim Zallie, president and chief executive officer.

Over his 21-year career, Leonard has led product development and commercialization across multiple food and beverage categories in domestic and global markets, with a focus on the Asia-Pacific region where he lived and worked. He has a proven track record of driving growth and productivity through his leadership of global R&D functions, process technology and business development.

“With his vast experience in the food and beverage industry, deep technical knowledge and proven record of new product and process innovation, I am thrilled Mike is joining Ingredion to further strengthen our diversified portfolio of ingredients and solutions and drive continued advancements in innovation,” said Zallie. “Mike’s broad industry leadership experience in both developed and emerging markets, with multinationals as well as high-growth startup companies, will be a tremendous asset to Ingredion and our customers.”

Leonard joins Ingredion from MycoTechnology, where he serves as the chief executive officer, leading the food technology startup company’s transformation and global expansion of new protein and bioactive technology platforms for the specialty food ingredient industry. Before MycoTechnology, Leonard served as the chief executive officer and the chief technology officer of Motif FoodWorks, where he spearheaded new product discovery, development and commercialization across the startup’s plant-based food ingredient portfolio. Prior to Motif, Leonard served in progressive leadership roles in R&D, engineering and business development at Kraft Heinz, PepsiCo, DuPont Nutrition and Health, and International Flavors & Fragrances.

“I’m honored to be joining the team at Ingredion at such an exciting time in our industry, where an agile, entrepreneurial approach to innovation is critical for driving growth. I’m grateful for the opportunity to have served MycoTechnology, a true disruptor in the value-added food ingredient space, and look forward to bringing my experience in both startup and multinational companies to accelerate innovation at Ingredion,” said Leonard.

Leonard holds a BS in Chemistry from Roanoke College, a Ph.D. in Polymer Science and Engineering from the University of Massachusetts Amherst, and an MBA from the MIT Sloan School of Management.

About Ingredion

Ingredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in nearly 120 countries. With 2023 annual net sales of approximately $8 billion, the Company turns grains, fruits, vegetables and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Ingredion Idea Labs® innovation centers located around the world and more than 12,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature, and technology together to make life better. Visit ingredion.com for more information and the latest Company news.

CONTACT:
Investors: Noah Weiss, 773-896-5242
Media: corpcomm@ingredion.com


FAQ

Who is the new Senior Vice President, Chief Innovation Officer, and Head of Protein Fortification at Ingredion?

Dr. Michael Leonard has been appointed to the role.

When will Dr. Michael Leonard start his new role at Ingredion?

Dr. Michael Leonard will start his role on May 13, 2024.

What is Dr. Michael Leonard's background in the food and beverage industry?

Dr. Michael Leonard has over 21 years of experience in product development and commercialization across various food and beverage categories in domestic and global markets.

Where did Dr. Michael Leonard work before joining Ingredion?

Dr. Michael Leonard worked at MycoTechnology and Motif FoodWorks before joining Ingredion.

What are Dr. Michael Leonard's qualifications?

Dr. Michael Leonard holds a BS in Chemistry, a Ph.D. in Polymer Science and Engineering, and an MBA.

Ingredion Incorporated

NYSE:INGR

INGR Rankings

INGR Latest News

INGR Stock Data

7.56B
65.19M
0.78%
87.67%
1.04%
Wet Corn Milling
Manufacturing
Link
United States of America
WESTCHESTER

About INGR

ingredion incorporated is a leading global ingredient solutions provider to the food, beverage, brewing and pharmaceutical industries as well as numerous industrial sectors. we are committed to supplying our customers with quality, innovative ingredient solutions that are on trend and in demand. headquartered in the chicago suburb of westchester, illinois, we turn corn, tapioca, potatoes and other raw materials into a myriad of ingredients. with more than 11,000 employees around the world, we serve customers in more than 60 diverse markets in over 100 countries. in 2014, our net sales reached $5.7 billion. through strategic acquisitions, organic growth, and innovative research and development, we are providing unique product offerings to growing markets. our starches, sweeteners, texturants and nutritionals are used by our customers to provide everything from sweetness, taste and texture to immune system support, fat replacement and adhesive strength. we make foods and beverages ta