Javier Echevarria Joins Ingredion as Vice President and Chief Procurement Officer
Ingredion Incorporated (NYSE: INGR) has appointed Javier Echevarria as vice president and chief procurement officer, effective immediately.
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Rhea-AI Summary
Ingredion Incorporated (NYSE: INGR) has appointed Javier Echevarria as vice president and chief procurement officer, effective immediately. Echevarria will oversee the company's global procurement organization, including supply chain operations and strategic sourcing. He brings significant experience, previously serving as CEO at VVF Americas and holding leadership roles at Glanbia and Avient Corporation. Echevarria is a master's degree holder from the University of Chicago Booth School of Business.
This strategic appointment aims to enhance procurement efficiencies and scalability for Ingredion's customer base.
Positive
- Appointment of Javier Echevarria as vice president and chief procurement officer may enhance corporate procurement and supply chain strategies.
- Echevarria's extensive experience in procurement and leadership from reputable companies could lead to increased operational efficiency.
Negative
- None.
Details
News Market Reaction – INGR
The recorded move for INGR in the trading session of this news was -2.98%.
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WESTCHESTER, Ill., June 13, 2022 (GLOBE NEWSWIRE) -- Today, Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food manufacturing industry, announced that Javier Echevarria has been named vice president and chief procurement officer. Echevarria will have responsibility for all aspects of the Company’s global procurement organization including supply chain operations and strategic sourcing. Echevarria will report to Eric Seip, senior vice president of global operations and chief supply chain officer.
Echevarria joins the Company from VVF Americas, a manufacturing and distribution company of personal care products and oleochemicals, where he served as chief executive officer. Before that, Echevarria held senior leadership roles within Glanbia and Avient Corporation. Earlier in his career, Echevarria worked for Procter & Gamble for 16 years primarily in procurement roles in Europe, Latin America, and the U.S.
“Javier is an accomplished global leader whose experience, stellar reputation and proven track record of past performance are exceptional,” said Seip. “Investing in leading talent in procurement and supply chain is critical as we identify efficiencies for our customers and scale for the future. We look forward to having an executive of Javier’s caliber join Ingredion.”
Echevarria earned a master’s degree in business administration from the University of Chicago Booth School of Business and earned a bachelor’s degree in managerial economics and marketing from Bentley University in Waltham, Mass.
Echevarria serves as a member of the board of directors for MedWish International.
ABOUT THE COMPANY
Ingredion Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2021 annual net sales of nearly
CONTACTS:
Investors: Jason Payant, 708-551-2584
Media: Becca Hary, 708-551-2602
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/79e213f2-6e13-4554-9dff-811a64bcbfa0
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