Darling Ingredients Elects Randy Hill to Board of Directors

Rhea-AI Summary

Darling Ingredients Inc. (NYSE: DAR) has elected Randy Hill to its board of directors as an independent director, effective immediately. Hill will serve on the board's sustainability and audit committees. With his extensive background in financial services and experience advising companies with global operations, Hill is expected to provide valuable insights into complex financial analysis and global reporting for Darling Ingredients' multifaceted business.

Hill is currently a partner at Opportune LLP, a business advisory firm. He previously held various roles at KPMG, including Audit Partner-in-Charge of the Dallas office. His expertise spans corporate governance, mergers and acquisitions, complex audit and accounting matters, IPOs, and capital market transactions.

Positive

• Addition of an experienced financial expert to the board of directors
• Potential for improved financial analysis and global reporting
• Strengthened corporate governance with new independent director

Negative

• None.

News Market Reaction

+0.37%

1 alert

+0.37% News Effect

On the day this news was published, DAR gained 0.37%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

IRVING, Texas, Sept. 16, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced that it has elected Randy Hill to the board as an independent director, effective immediately. Hill will serve on the board's sustainability and audit committees.

"We are pleased to welcome Randy to our board of directors," said Randall C. Stuewe, Chairman and CEO. "His vast experience in the financial services industry, coupled with his expertise in advising companies with both domestic and international operations, will provide valuable insights into complex financial analysis and global reporting for our multifaceted business."

Hill is currently a partner at Opportune LLP, a business advisory firm focused on consulting, outsourcing and investment banking. He previously served in many roles during his tenure as a partner in the audit practice of KPMG, including Audit Partner-in-Charge at KPMG's Dallas office. Randy has worked with Fortune 500 boards on corporate governance matters, advised on mergers and acquisitions, complex audit and accounting matters, initial public offerings, capital market transactions and assisted clients to develop new accounting standard implementations and disclosures.

About Darling Ingredients
A pioneer in circularity, Darling Ingredients Inc. (NYSE: DAR) takes material from the animal agriculture and food industries, and transforms them into valuable ingredients that nourish people, feed animals and crops, and fuel the world with renewable energy. The company operates over 260 facilities in more than 15 countries and processes about 15% of the world's animal agricultural by-products, produces about 30% of the world's collagen (both gelatin and hydrolyzed collagen), and is one of the largest producers of renewable energy. To learn more, visit darlingii.com. Follow us on LinkedIn.

Darling Ingredients Contacts

Investors:	Suann Guthrie
	Senior VP, Investor Relations, Sustainability & Communications
	(469) 214-8202; suann.guthrie@darlingii.com
Media:	Jillian Fleming
	Director, Global Communications
	(972) 541-7115; jillian.fleming@darlingii.com

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SOURCE Darling Ingredients Inc.

FAQ

Who is Randy Hill and why was he elected to Darling Ingredients' board?

Randy Hill is a partner at Opportune LLP and former KPMG audit partner. He was elected to Darling Ingredients' board for his extensive experience in financial services and expertise in advising companies with global operations, which is expected to provide valuable insights for the company's complex financial analysis and global reporting needs.

What committees will Randy Hill serve on at Darling Ingredients (DAR)?

Randy Hill will serve on Darling Ingredients' sustainability and audit committees as an independent director.

How might Randy Hill's appointment impact Darling Ingredients' (DAR) financial reporting?

Randy Hill's appointment is expected to enhance Darling Ingredients' financial reporting capabilities due to his extensive experience in complex financial analysis, global reporting, and expertise in advising companies with international operations.

What is Randy Hill's background prior to joining Darling Ingredients' (DAR) board?

Prior to joining Darling Ingredients' board, Randy Hill was a partner at Opportune LLP and held various roles at KPMG, including Audit Partner-in-Charge of the Dallas office. He has experience in corporate governance, mergers and acquisitions, complex audit and accounting matters, IPOs, and capital market transactions.