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Jim Zallie Takes on Chairman Role at Ingredion (INGR)
Jim Zallie, Ingredion’s President and CEO, has been appointed as the new Chairman of the Board, with Victoria Reich named Lead Director. Gregory Kenny stepped down as independent chairman but will remain on the board. Ingredion, an ingredients provider with a $7.48 billion market cap, shows strong financial health despite a revenue decline, and its valuation metrics suggest it is trading at attractive levels.