Mark Karns Joins Ingredion as VP Corporate Development and M&A
13 Novembro 2024 - 9:53AM
Ingredion Incorporated (NYSE: INGR), a leading global provider
of ingredient solutions to the food and beverage industry, today
announced the appointment of Mark Karns as vice president,
corporate development and M&A, effective December 2, 2024.
Karns will serve as a member of the executive leadership team and
will report to Jim Zallie, president and chief executive officer.
Karns' role will lead a combined corporate strategy and M&A
function to align and optimize Ingredion’s strategic growth agenda
while driving the execution of M&A projects across the
company.
“Mark is an experienced leader who has driven enterprise-wide
impacts through a unique blend of M&A, capital markets and
consulting experiences, having held roles in corporate development,
investment banking, private equity and strategy consulting. He has
a proven track record in the valuation and execution of
transactions across multiple consumer sectors, including food and
beverage, home appliances, outdoor recreation and apparel,” said
Zallie.
“I’m excited to bring my knowledge and experience to help drive
growth at Ingredion working closely with the Company’s leadership
and the combined strategy and M&A teams. I look forward to
helping deliver on our winning aspiration to be recognized as the
go-to-provider for texture and healthful solutions that ‘make
healthy taste better,’” said Karns.
Karns joins Ingredion from Whirlpool Corporation, where he
served as the global head of mergers and acquisitions, focusing on
the development and execution of the company’s portfolio
transformation strategies. Prior to Whirlpool, Karns served as a
director in the global consumer investment banking group at Baird,
where he executed more than 60 M&A and financing transactions
during his nine years with the firm. He also previously worked in
strategy consulting at Boston Consulting Group, and in private
equity at Goense Bounds & Partners.
Karns holds a master’s degree in business administration from
the University of Chicago and a bachelor’s degree, with
distinction, from the University of Virginia.
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, noah.weiss@ingredion.com
Media: Rick Wion, 708-209-6323,
rickwion@ingredion.com
Ingredion (NYSE:INGR)
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