MGPI - MGP Ingredients, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

MGP Ingredients, Inc.

Cray Business Plaza
100 Commercial Street PO Box 130
Atchison, KS 66002
United States
913-367-1480
http://www.mgpingredients.com

SectorConsumer Defensive
IndustryPackaged Foods
Full Time Employees332

Key Executives

NameTitlePayExercisedYear Born
Mr. Augustus C. GriffinCEO, Pres & Director1.41MN/A1960
Mr. David E. RindomVP & Chief Admin. Officer675.73kN/A1955
Mr. Brandon GallVP of Fin. & CFON/AN/AN/A
Dr. Clodualdo ManingatChief Science Officer and VP of Ingredients R&DN/AN/A1955
Mr. Thomas J. LynnVP, Gen. Counsel & Corp. Sec.N/AN/AN/A
Amounts are as of December 31, 2018 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. It operates in 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. This segment also provides fuel grade alcohol for blending with gasoline; distillery co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym Resistant Starch, FiberRite RW Resistant Starch, Pregel Instant Starch, and Midsol Cook-up Starch trademarks; specialty wheat proteins for food applications; commodity wheat starch for food and non-food applications; and commodity wheat proteins. The company sells its products directly or through distributors to 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 October 4, 2019 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 4; Compensation: 3.

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.