Javier Echevarria Joins Ingredion as Vice President and Chief Procurement Officer

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.

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• None.

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 $7 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.

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

FAQ

Who is the new vice president and chief procurement officer at Ingredion?

Javier Echevarria has been appointed as the vice president and chief procurement officer at Ingredion.

What is the role of Javier Echevarria at Ingredion?

Echevarria will oversee all aspects of the company's global procurement organization, including supply chain operations and strategic sourcing.

What previous experience does Javier Echevarria have?

Echevarria previously served as CEO at VVF Americas and held senior roles at Glanbia and Avient Corporation.

What is Ingredion's recent financial performance?

Ingredion reported nearly $7 billion in annual net sales for 2021.