Corn Products International, Inc. Announces Executive Appointments
February 11 2004 - 6:10PM
PR Newswire (US)
Corn Products International, Inc. Announces Executive Appointments
WESTCHESTER, Ill., Feb. 11 /PRNewswire-FirstCall/ -- Corn Products
International, Inc. today announced that its board of directors
made the following executive appointments effective immediately.
James W. Ripley, formerly vice president and chief financial
officer, assumes the newly created position of senior vice
president, planning, information technology and compliance. Cheryl
K. Beebe, most recently vice president, finance and corporate
treasurer, is elected as vice president and chief financial
officer. Kimberly A. Hunter is elected corporate treasurer,
reporting to Beebe. Beebe and Ripley report to Sam Scott, chairman,
president and chief executive officer. In his newrole, Ripley will
oversee and support the rollout and implementation of company-wide
strategic initiatives surrounding global operational effectiveness
and information technology. He will also lead the corporate audit
function and compliance activities. "Jim brings extensive Company
and business knowledge to this important new position in which he
will continue to lead us toward continued growth and corporate
effectiveness," said Scott. "The appointments of Cheryl and Kim
reflect the great contributions each has made to Corn Products
International. We are confident that the ongoing commitment of all
of these individuals will serve the Company well in years to come."
Ripley has held numerous positions within the Company since 1968,
including that of corporate comptroller. Ripley has a bachelor's
degree in accounting from Fairleigh Dickinson University in
Teaneck, NJ. In her new role, Beebe is responsible for the
Company's global financial functions, including Treasury, Tax,
Accounting, Risk Management, Capital Structure, and Financial
Planning. She is also responsible for Corporate Communications.
Beebe joined Corn Products International in 1980 and has held
various positions of increasing responsibility in the areas of
marketing, marketservices, audit, finance and treasury. She holds a
bachelor's degree in accounting from Rutgers University in New
Brunswick, NJ, and a master's degree of business administration in
corporate finance from Fairleigh Dickinson University in Teaneck,
NJ. Hunter, formerly director, Corporate Treasury, is now
responsible for the Company's worldwide treasury functions,
reporting to Beebe. She has been with Corn Products International
since 2001 as director, corporate treasury. Prior to this, she was
with Bank One Corporation where she held a range of positions
during an 18-year tenure. Hunter received bachelor's degrees in
government and economics from Harvard University in Cambridge,
Mass., and a master's degree of business administration from the
University of Chicago, Chicago, Ill. Corn Products International,
Inc. is one of the world's largest corn refiners and a major
supplier of high-quality food ingredients and industrial products
derived from the wet milling and processing of corn and other
starch- based materials. The Company is the number-one worldwide
producer of dextrose and a leading regional producer of starch,
high fructose corn syrup and glucose. In 2003, the Company recorded
net sales of $2.1 billion with operations in 19 countries at 37
plants, including wholly owned businesses, affiliates and
alliances. Headquartered in Westchester, Ill., it was founded in
1906. The Company is listed on the New York Stock Exchange under
the symbol CPO. Additional information can be found on the World
Wide Web at http://www.cornproducts.com/ . DATASOURCE: Corn
Products International, Inc. CONTACT: Investors, Richard
Vandervoort, +1-708-551-2595, or Media, Mark Lindley,
+1-708-551-2602, both of Corn Products International, Inc. Web
site: http://www.cornproducts.com/
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