MGPI - MGP Ingredients, Inc.

NasdaqGS - NasdaqGS Delayed Price. Currency in USD

MGP Ingredients, Inc.

Cray Business Plaza
100 Commercial Street
Atchison, KS 66002
United States
913-367-1480
http://www.mgpingredients.com

SectorConsumer Goods
IndustryBeverages - Wineries & Distillers
Full Time Employees311

Key Executives

NameTitlePayExercisedAge
Mr. Augustus C. GriffinChief Exec. Officer, Pres and Director903.3kN/A57
Mr. Thomas K. PigottChief Financial Officer and VP of Fin.512.87kN/A52
Mr. David E. RindomChief Admin. Officer and VP462.71kN/A62
Mr. David E. DykstraVP of Alcohol and Marketing414.06kN/A54
Mr. Michael Rodger ButtshawVP of Ingredients Sales and Marketing387.24kN/A54
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. The company operates through two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products, as well as for various industrial processors. This segment also provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil; and warehouse services, including barrel put away, barrel storage, and barrel retrieval services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the trademarks Fibersym Resistant Starch series, FiberRite RW Resistant Starch, Pregel Instant Starch series, and Midsol Cook-up Starch series; and specialty wheat proteins, commodity wheat starch, and commodity wheat proteins. It sells its products directly or through distributors to the manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, Japan, Thailand, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

Corporate Governance

MGP Ingredients, Inc.’s ISS Governance QualityScore as of December 1, 2017 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 4; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.