Ingredion CFO Employment Agreement Update
Ticker: INGR · Form: 8-K · Filed: 2024-07-25T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, employment-agreement
Related Tickers: INGR
TL;DR
Ingredion inked a new deal with its CFO, James M. Zallie, on July 23, 2024.
AI Summary
Ingredion Incorporated announced on July 23, 2024, a change in its executive compensation arrangements. Specifically, the company has entered into a new employment agreement with its Chief Financial Officer, James M. Zallie, effective July 23, 2024. The agreement details his compensation and other terms of employment.
Why It Matters
This filing provides insight into the compensation structure for key executives, which can influence investor confidence and the company's ability to retain talent.
Risk Assessment
Risk Level: low — The filing pertains to routine executive compensation and employment agreements, which typically carry low inherent risk.
Key Players & Entities
- Ingredion Incorporated (company) — Registrant
- James M. Zallie (person) — Chief Financial Officer
- July 23, 2024 (date) — Effective date of employment agreement
FAQ
What is the effective date of the new employment agreement for the CFO?
The new employment agreement for the Chief Financial Officer, James M. Zallie, is effective July 23, 2024.
Who is the Chief Financial Officer of Ingredion Incorporated?
James M. Zallie is the Chief Financial Officer of Ingredion Incorporated.
What type of filing is this regarding executive changes?
This is a Form 8-K filing reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the principal executive office address for Ingredion Incorporated?
The principal executive offices are located at 5 Westbrook Corporate Center, Westchester, Illinois 60154.
What is the Commission File Number for Ingredion Incorporated?
The Commission File Number for Ingredion Incorporated is 001-13397.
Filing Stats: 1,433 words · 6 min read · ~5 pages · Grade level 16.2 · Accepted 2024-07-25 16:28:42
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share INGR New York Stock Exchange
Filing Documents
- ingr-20240723.htm (8-K) — 43KB
- ingredion-executiveseveran.htm (EX-10.1) — 71KB
- ingredion-executivechangei.htm (EX-10.2) — 77KB
- 0001046257-24-000038.txt ( ) — 344KB
- ingr-20240723.xsd (EX-101.SCH) — 2KB
- ingr-20240723_lab.xml (EX-101.LAB) — 21KB
- ingr-20240723_pre.xml (EX-101.PRE) — 12KB
- ingr-20240723_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Ingredion Incorporated Executive Severance Pay Plan 10.2 Ingredion Incorporated Executive Change in Control Severance Pay Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: July 25, 2024 Ingredion Incorporated By: /s/ Tanya M. Jaeger de Foras Tanya M. Jaeger de Foras Senior Vice President, Chief Legal Officer, Corporate Secretary and Chief Compliance Officer