MGP Ingredients (MGPI) announced that the board of directors has appointed Brandon Gall, MGP’s CFO, to the additional position of interim president and CEO, effective January 1, 2025, succeeding David Bratcher. Bratcher will resign from the board on December 31 and has agreed to remain available for advisory services to facilitate a transition, after which he plans to retire. The company also announced that Donn Lux, a current member of the board, will succeed Karen Seaberg as chairman of the board to guide the company. Lux will lead the board search for a permanent CEO, considering both internal and external candidates, to drive dynamic growth and elevate the performance of our branded spirits portfolio. Seaberg will remain a member of the board.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MGPI:
- Levi & Korsinsky LLP Reminds Shareholders of a Lead Plaintiff Deadline of February 14, 2025 in MGP Ingredients, Inc. Lawsuit – MGPI
- Short Report: Spike in bearish bets on Lovesac pays off
- Short Report: Bears boost bets on more losses for Sphere Entertainment
- MGP Ingredients downgraded to Hold from Buy at TD Cowen
- MGP Ingredients price target lowered to $65 from $69 at Roth MKM