Jim Zallie was elected chairman of Ingredion's board, succeeding Gregory Kenny, with Victoria Reich appointed as lead director.
Quiver AI Summary
Ingredion Incorporated announced the election of Jim Zallie, the company's president and CEO, as chairman of the board, effective immediately. Zallie expressed gratitude for the board’s trust and highlighted the company's commitment to becoming a leader in texture solutions. Alongside this leadership transition, Victoria Reich was appointed as lead director, reinforcing the firm's dedication to strong governance. These changes follow Gregory Kenny's resignation from his position as independent chairman, a role he held since 2018; he will remain a board member. The leadership shift aims to bolster Ingredion's growth strategy in delivering innovative ingredient solutions globally.
Potential Positives
- Jim Zallie being elected as both president and CEO, as well as chairman of the board, consolidates leadership and may enhance strategic alignment within the company.
- The appointment of Victoria Reich as lead director highlights the company's commitment to strong independent oversight and best-in-class corporate governance practices.
- Ingredion's growth agenda, as articulated by Zallie, emphasizes a clear focus on becoming a leading provider of texture solutions, which may lead to future market opportunities.
Potential Negatives
- The leadership change, with Jim Zallie assuming both CEO and Chairman roles, could raise concerns about potential over-concentration of power and lack of independent oversight in the company's governance.
- The announcement includes extensive forward-looking statements, which highlight numerous risks and uncertainties that could significantly impact the company's future performance and operations.
- The press release notes the resignation of the independent chairman, which could indicate instability or dissatisfaction within the board that may concern investors and stakeholders.
FAQ
Who was appointed as chairman of Ingredion's board?
Jim Zallie has been unanimously elected as chairman of Ingredion's board, in addition to his role as president and CEO.
What is Jim Zallie's vision for Ingredion?
Jim Zallie aims to enhance Ingredion's offerings as the go-to provider of texture solutions for healthier options.
Who is the new lead director at Ingredion?
Victoria Reich has been appointed as the lead director of Ingredion, ensuring strong independent oversight.
What prompted the leadership changes at Ingredion?
The changes follow Gregory Kenny's decision to step down as independent chairman, a role he held since 2018.
How does Ingredion define its purpose?
Ingredion's purpose is to combine the potential of people, nature, and technology to improve life quality globally.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$INGR Insider Trading Activity
$INGR insiders have traded $INGR stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $INGR stock by insiders over the last 6 months:
- JORGE A. URIBE has made 0 purchases and 2 sales selling 1 shares for an estimated $119.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$INGR Revenue
$INGR had revenues of $1.8B in Q4 2025. This is a decrease of -2.39% from the same period in the prior year.
You can track INGR financials on Quiver Quantitative's INGR stock page.
$INGR Congressional Stock Trading
Members of Congress have traded $INGR stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $INGR stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN has traded it 2 times. They made 1 purchase worth up to $15,000 on 09/25 and 1 sale worth up to $15,000 on 10/14.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$INGR Hedge Fund Activity
We have seen 311 institutional investors add shares of $INGR stock to their portfolio, and 355 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 1,032,421 shares (+22036.7%) to their portfolio in Q4 2025, for an estimated $113,834,739
- AQR CAPITAL MANAGEMENT LLC added 701,063 shares (+143.1%) to their portfolio in Q3 2025, for an estimated $85,606,802
- HENNESSY ADVISORS INC removed 349,700 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $42,701,867
- BLACKROCK, INC. removed 321,179 shares (-4.9%) from their portfolio in Q3 2025, for an estimated $39,219,167
- COOKE & BIELER LP added 303,807 shares (+33.6%) to their portfolio in Q4 2025, for an estimated $33,497,759
- PACER ADVISORS, INC. removed 301,942 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $33,292,124
- DEUTSCHE BANK AG\ removed 268,920 shares (-77.9%) from their portfolio in Q3 2025, for an estimated $32,837,821
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$INGR Price Targets
Multiple analysts have issued price targets for $INGR recently. We have seen 4 analysts offer price targets for $INGR in the last 6 months, with a median target of $123.5.
Here are some recent targets:
- Joshua Spector from UBS set a target price of $124.0 on 02/05/2026
- Benjamin Theurer from Barclays set a target price of $128.0 on 02/04/2026
- Pooran Sharma from Stephens & Co. set a target price of $120.0 on 02/04/2026
- Andrew Strelzik from BMO Capital set a target price of $123.0 on 11/05/2025
Full Release
WESTCHESTER, Ill., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions, today announced that its board of directors has unanimously elected Jim Zallie, president and CEO, to assume the additional role of chairman of the board, effective immediately.
“I am honored by the board’s confidence and grateful for the opportunity to serve as Chairman. Ingredion has a strong foundation, a talented global team, and a clear strategy focused on becoming the go-to provider of texture solutions that make healthy taste better,” said Jim Zallie. “I look forward to continuing to work closely with the board as we execute our growth agenda and advance our purpose of bringing the potential of people, nature, and technology together to make life better.”
Ingredion’s board also appointed Victoria Reich as lead director, reinforcing the company’s commitment to strong independent oversight and best-in-class corporate governance practices.
The leadership changes follow Gregory Kenny’s decision to step down from the role of independent chairman, a role he held since 2018 after being elected to the board in 2005. Kenny will continue to serve as a member of the board.
“On behalf of the board and Ingredion, I thank Greg for his years of service and leadership,” said Vicki Reich. “Greg joins me and the board in congratulating Jim on his new, additional responsibilities. Jim has demonstrated exceptional leadership and strategic clarity during a period of significant transformation for Ingredion. His deep understanding of our business, global markets, and long-term growth opportunities makes him uniquely qualified to also serve as chairman.”
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 2025 annual net sales of approximately $7.2 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’s Idea Labs ® innovation centers around the world and more than 11,000 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.
Forward-Looking Statements
This news release contains or may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Ingredion intends these forward-looking statements to be covered by the safe harbor provisions for such statements.
Forward-looking statements include, among others, any statements regarding our strategy, prospects, future operations, or future financial condition, earnings, net sales, capital expenditures, cash flows, expenses or other financial items, including management’s plans or strategies and objectives for any of the foregoing and any assumptions, expectations or beliefs underlying any of the foregoing.
These statements can sometimes be identified by the use of forward-looking words such as “may,” “will,” “should,” “anticipate,” “assume,” “believe,” “plan,” “project,” “estimate,” “expect,” “intend,” “continue,” “pro forma,” “forecast,” “outlook,” “opportunities,” “potential,” or other similar expressions or the negative thereof. All statements other than statements of historical facts therein are “forward-looking statements.
These statements are based on current circumstances or expectations, but are subject to certain inherent risks and uncertainties, many of which are difficult to predict and beyond our control. Although we believe our expectations reflected in these forward-looking statements are based on reasonable assumptions, investors are cautioned that no assurance can be given that our expectations will prove correct.
Actual results and developments may differ materially from the expectations expressed in or implied by these statements, based on various risks and uncertainties, including changes in consumer practices, preferences, price sensitivity, behaviors, demand and perceptions; the impact of geopolitical developments, tensions, threats or conflicts on the availability and prices of raw materials and energy supplies; supply chains and foreign exchange and interest rates; the impact of global business and economic conditions on demand for our products or our access to global credit and equity markets; our reliance on certain industries for a significant portion of our sales; operating difficulties at our manufacturing facilities and liabilities relating to product safety and quality; our ability to keep pace with technological developments in research and development and continue to offer innovative products; competitive pressures that may adversely affect our market share, revenue and profitability; market volatility that may adversely affect our ability to pass through potential increases in the cost of corn and other raw materials to customers, to purchase quantities of corn and other raw materials at prices sufficient to sustain or increase our profitability, or to supply product quantities and meet shipment delivery requirements that our customers demand; the impact on inputs to our procurement, production processes and delivery channels, such as raw material, energy, and freight and logistics, of price fluctuations, supply chain interruptions, tariffs, duties, and shortages; our ability to contain costs, manage working capital, and achieve budgets, including completion of planned maintenance and investment projects on time and on budget; global climate change and legal, regulatory, or market measures to address climate change; our ability to identify and complete acquisitions, divestitures, or strategic alliances on favorable terms or achieve anticipated synergies; the economic, political and other risks inherent in conducting operations in foreign countries and with foreign currencies; our ability to maintain satisfactory labor relations; our ability to attract, develop, retain, motivate and maintain good relationships with our workforce, including key personnel; the impact of legal and regulatory proceedings; the risks associated with pandemics; the impact of any impairment charges on intangible assets and goodwill; global and regional economic policies and changes to existing laws and regulations; changes in our tax rates or exposure to additional income tax liabilities; increases in interest rates that could increase our borrowing costs; risks affecting our ability to raise funds at reasonable rates and other factors affecting our access to sufficient funds for future growth and expansion; risks relating to the use of artificial intelligence and other advanced technologies, and our reliance on third‑party technology providers; interruptions, security incidents, or failures with respect to information technology systems, processes, and sites; risks affecting the continuation of our dividend policy; and our ability to maintain effective internal control over financial reporting.
Our forward-looking statements speak only as of the date on which they are made, and we do not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of the statement as a result of new information or future events or developments or otherwise. If we do update or correct one or more of these statements, investors and others should not conclude that we will make additional updates or corrections. For a further description of these and other risks, see “Risk Factors” and other information included in our Annual Report on Form 10-K for the year ended December 31, 2024, and our subsequent reports on Form 10-Q and Form 8-K filed with the Securities and Exchange Commission.
CONTACTS:
Investors:
Noah Weiss, 773-896-5242
Media:
Rick Wion, 708-209-6323