Ingredion's Cheryl Beebe Announces Retirement

WESTCHESTER, Ill.CFO and Executive Vice President Cheryl Beebe of Ingredion announced her retirement due to family health issues, effective Jan. 6, 2014. Jack Fortnum, currently president, North America for Ingredion, will become the company's next CFO.

"It is with great regret that we announce Cheryl's retirement today. She has brought immense passion, leadership, commitment and world-class financial acumen to our company for decades," said Ilene Gordon, chairman, president and CEO. "Cheryl has been a great partner over the past four years and has helped take Ingredion to new heights. She will be missed by our leadership team, our 11,000 employees, our board of directors and all of our external constituents.  We wish her and her family all of our best." 

Fortnum  joined CPC International (Ingredion's former parent company) in 1984. Before moving to operational management, he held a wide range of key financial roles. At CPC International, he was vice president, finance, Canadian Corn Refining business and director, finance, Latin American Corn Refining business. 

James Zallie will succeed Fortnum as president, North America.  He is currently president, Asia Pacific and EMEA.  He worked at National Starch for more than 27 years in various positions of increasing responsibility in technical, marketing and international business management.