Ingredion Inc. announced the election of Diego Reynoso as Executive Vice President and Chief Financial Officer, effective October 1, 2026. Reynoso succeeds Jason Payant, who served as Interim CFO since April 1, 2026 following James D. Gray's resignation in March 2026. Reynoso joins from The Boston Beer Company, where he was CFO, bringing over 25 years of finance and operations experience in the food and beverage sectors. His compensation package includes a $725,000 base salary, a sign-on cash award totaling $770,000, and equity grants valued at $2,000,000 comprising performance share units and restricted stock units. Ingredion Inc. operates in the food ingredients industry, providing starches, sweeteners, and specialty ingredients to global manufacturers.

Ingredion Incorporated reported second quarter 2026 results with net sales of $1,850 million and diluted EPS of $1.78, compared to $2.99 in the prior year period. Adjusted diluted EPS was $2.82, down slightly from $2.87 a year ago. The company reaffirmed its full-year 2026 outlook, expecting reported EPS between $9.15 and $9.75 and adjusted EPS between $10.30 and $10.90. Additionally, Ingredion announced that Tate & Lyle shareholders approved the company's 595 pence all-cash acquisition offer. The firm also completed the sale of its majority stake in its Pakistan business. Ingredion operates as a global provider of ingredient solutions for the food and beverage manufacturing industry.

On July 28, 2026, shareholders of Tate & Lyle PLC approved the recommended all-cash acquisition by Ingredion Incorporated, as announced on June 8, 2026. The approval was achieved through a court-sanctioned scheme of arrangement under the UK Companies Act 2026, satisfying a condition to completion. The transaction is expected to close in the second half of 2027, pending remaining conditions including antitrust approvals and final court sanction. Ingredion Incorporated operates in the food ingredients industry, providing plant-based solutions and ingredients for the global food and beverage sector.

Ingredion Incorporated has published an update regarding its recommended cash acquisition of Tate & Lyle PLC via a court-sanctioned scheme of arrangement under UK law. Tate & Lyle shareholders will vote on the acquisition through a Court Meeting and a General Meeting scheduled for July 28, 2026. Ingredion Incorporated is a provider of ingredient solutions for various food and beverage industries.

Ingredion Incorporated completed the sale of its 51% stake in Rafhan Maize Products Co. Ltd. to a group of Nishat Group affiliates for approximately $165 million in cash. Following the transaction, Ingredion retains a 20% minority interest in the company, which generated $250 million in net sales in 2025. Ingredion is a global ingredient solutions provider for the food, beverage, and industrial sectors.