Ingredion Management

Management criteria checks 3/4

Ingredion's CEO is Jim Zallie, appointed in Jan 2018, has a tenure of 6.83 years. total yearly compensation is $11.10M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth R$103.31M. The average tenure of the management team and the board of directors is 5.1 years and 9.3 years respectively.

Key information

Jim Zallie

Chief executive officer

US$11.1m

Total compensation

CEO salary percentage	10.8%
CEO tenure	6.8yrs
CEO ownership	0.2%
Management average tenure	5.1yrs
Board average tenure	9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Zallie's remuneration changed compared to Ingredion's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$683m
Jun 30 2024	n/a	n/a	US$653m
Mar 31 2024	n/a	n/a	US$668m
Dec 31 2023	US$11m	US$1m	US$643m
Sep 30 2023	n/a	n/a	US$626m
Jun 30 2023	n/a	n/a	US$574m
Mar 31 2023	n/a	n/a	US$553m
Dec 31 2022	US$9m	US$1m	US$492m
Sep 30 2022	n/a	n/a	US$445m
Jun 30 2022	n/a	n/a	US$457m
Mar 31 2022	n/a	n/a	US$493m
Dec 31 2021	US$10m	US$1m	US$117m
Sep 30 2021	n/a	n/a	US$165m
Jun 30 2021	n/a	n/a	US$139m
Mar 31 2021	n/a	n/a	US$27m
Dec 31 2020	US$10m	US$1m	US$348m
Sep 30 2020	n/a	n/a	US$342m
Jun 30 2020	n/a	n/a	US$349m
Mar 31 2020	n/a	n/a	US$388m
Dec 31 2019	US$8m	US$994k	US$413m
Sep 30 2019	n/a	n/a	US$398m
Jun 30 2019	n/a	n/a	US$394m
Mar 31 2019	n/a	n/a	US$403m
Dec 31 2018	US$6m	US$950k	US$443m
Sep 30 2018	n/a	n/a	US$448m
Jun 30 2018	n/a	n/a	US$519m
Mar 31 2018	n/a	n/a	US$535m
Dec 31 2017	US$3m	US$628k	US$519m

Compensation vs Market: Jim's total compensation ($USD11.10M) is above average for companies of similar size in the BR market ($USD2.37M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.

CEO

Jim Zallie (63 yo)

6.8yrs

Tenure

US$11,101,992

Compensation

Mr. James P. Zallie, also known as Jim, has been Independent Director at Sylvamo Corporation since October 2021. He has been President and Chief Executive Officer at Ingredion Incorporated since January 1,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Zallie	President	6.8yrs	US$11.10m	0.19% R$ 103.3m
James Gray	Executive VP & CFO	7.7yrs	US$3.16m	0.049% R$ 26.3m
Eric Seip	Senior VP of Global Operations & Chief Supply Chain Officer	3.8yrs	US$1.89m	0.026% R$ 14.2m
Nancy Wolfe	Senior VP & Chief Human Resources Officer	2.8yrs	US$1.88m	0.0018% R$ 969.4k
Davida Gable	VP of Global Shared Services	3.1yrs	no data	0.000080% R$ 42.8k
Jason Payant	VP of Corporate Finance & Interim VP of Investor Relations	no data	no data	no data
Robert Border	VP and Chief Digital & Information Officer	no data	no data	no data
Tanya de Foras	Senior VP	3yrs	no data	0.00048% R$ 257.1k
Pierre Perez Landazuri	Senior VP of Corporate Strategy & Specialties and President of EMEA	6.8yrs	no data	0.0061% R$ 3.2m
Larry Fernandes	Senior VP and Chief Commercial & Sustainability Officer	6.3yrs	no data	0.047% R$ 25.4m
Rob Ritchie	Senior VP	1.5yrs	no data	0.024% R$ 13.0m
Valdirene Evans	Senior VP & President of Global Texture Solutions	6.7yrs	no data	0.017% R$ 9.3m

5.1yrs

Average Tenure

56yo

Average Age

Experienced Management: I2NG34's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
James Zallie	President	7.2yrs	US$11.10m	0.19% R$ 103.3m
Gregory Kenny	Independent Non-Executive Chairman of the Board	19.7yrs	US$426.84k	no data
Victoria Reich	Independent Director	11yrs	US$278.84k	no data
Jorge Alberto Uribe Lopez	Independent Director	9.3yrs	US$251.84k	0.027% R$ 14.3m
Patricia Verduin	Independent Director	1.5yrs	US$161.59k	0.0029% R$ 1.5m
David Fischer	Independent Director	11.5yrs	US$251.84k	0.0030% R$ 1.6m
Charles Magro	Independent Director	2.5yrs	US$251.84k	no data
Dwayne Wilson	Independent Director	14.5yrs	US$256.84k	no data
Stephan Tanda	Independent Director	5.3yrs	US$251.84k	0.014% R$ 7.2m
Rhonda Jordan	Independent Director	11yrs	US$280.34k	no data
Catherine Suever	Independent Director	3.3yrs	US$253.84k	0.0038% R$ 2.0m

9.3yrs

Average Tenure

65yo

Average Age

Experienced Board: I2NG34's board of directors are considered experienced (9.3 years average tenure).

Ingredion Management

Management criteria checks 3/4

Key information

Recent management updates

Ingredion Incorporated, Annual General Meeting, May 15, 2024

Ingredion Incorporated Announces Resignation of Jeremy Xu as Senior Vice President, Chief Innovation Officer and President, Global Healthful Solutions, Effective April 8, 2024

Ingredion Incorporated Announces Retirement of Paul Hanrahan from the Board of Directors, Effective October 28, 2023

Ingredion Names Dr. Patricia Verduin to Board of Directors

Ingredion Incorporated Names Rob Ritchie Senior Vice President, Food and Industrial Ingredients, Americas

Ingredion Incorporated Names Javier Echevarria Chief Procurement Officer

Recent updates

Ingredion Incorporated Declares Quarterly Dividend, Payable on October 22, 2024

Ingredion Incorporated to Report Q3, 2024 Results on Nov 05, 2024

Ingredion Incorporated Provides Earnings Guidance for the Third Quarter of 2024 and Raises Earnings Guidance for the Full Year 2024

Ingredion Incorporated to Report Q2, 2024 Results on Aug 06, 2024

Ingredion Incorporated Declares Quarterly Dividend, Payable on July 23, 2024

Ingredion Incorporated Provides Earnings Guidance for the Second Quarter of 2024 and Raises Earnings Guidance for the Full Year 2024

Ingredion Incorporated to Report Q1, 2024 Results on May 08, 2024

Ingredion Incorporated, Annual General Meeting, May 15, 2024

Ingredion Incorporated Declares Quarterly Dividend, Payable on April 23, 2024

Ingredion Incorporated Announces Resignation of Jeremy Xu as Senior Vice President, Chief Innovation Officer and President, Global Healthful Solutions, Effective April 8, 2024

Ingredion Incorporated Provides Earnings Guidance for the First Quarter and Full Year 2024

Ingredion Incorporated to Report Q4, 2023 Results on Feb 06, 2024

Ingredion Incorporated Declares Quarterly Dividend, Payable on January 23, 2024

Sajo Industries Company Limited (KOSE:A007160) signed a definitive agreement to acquire Business of Ingredion Incorporated in South Korea.

Ingredion Incorporated to Report Q3, 2023 Results on Nov 07, 2023

Ingredion Incorporated Announces Retirement of Paul Hanrahan from the Board of Directors, Effective October 28, 2023

Ingredion Incorporated Declares Quarterly Dividend, Payable on October 24, 2023

Ingredion Incorporated to Report Q2, 2023 Results on Aug 08, 2023

Ingredion Names Dr. Patricia Verduin to Board of Directors

Ingredion Incorporated Declares Quarterly Dividend, Payable on July 25, 2023

Ingredion Incorporated Names Rob Ritchie Senior Vice President, Food and Industrial Ingredients, Americas

Ingredion Incorporated Provides Earnings Guidance for the Full Year 2023

Ingredion Incorporated to Report Q4, 2022 Results on Feb 08, 2023

Ingredion Incorporated Declares Quarterly Dividend, Payable on January 24, 2023

Ingredion Incorporated Provides Earnings Guidance for the Full Year of 2022

Ingredion Incorporated to Report Q3, 2022 Results on Nov 03, 2022

Ingredion Incorporated Declares Quarterly Dividend, Payable on October 25, 2022

Ingredion Incorporated Provides Earnings Guidance for the Third Quarter and Year Ended June 30, 2022

Ingredion Incorporated to Report Q2, 2022 Results on Aug 09, 2022

Ingredion Incorporated Names Javier Echevarria Chief Procurement Officer

Ingredion Incorporated Declares Quarterly Dividend, Payable on July 26, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age