ATCHISON, Kan., June 10,
2024 /PRNewswire/ -- MGP Ingredients, Inc., (MGPI:
Nasdaq), a leading provider of branded and distilled spirits as
well as food ingredient solutions, is pleased to announce the
hiring of David Colyott as its
Executive Vice President of Operations. He will succeed
Steve Glaser, who is retiring in
July 2024 after 13 years with
MGP.
Colyott brings over 30 years of experience in leading diverse
and complex supply chain operations across the consumer packaged
goods industry. He most recently served as Vice President of the
Supply Chain Center of Excellence at Mars Petcare since 2018, where
he led the development and execution of an efficient supply chain,
while aligning operational strategies and systems with
organizational mission, vision, and objectives. Prior to that, he
spent ten years as Supply Chain Director for Nestlé Waters North
America. Early in his career, he served in supply chain leadership
roles at Ryder and The Home Depot.
"We are thrilled to welcome Dave to our team," said David Bratcher, CEO and President of MGP
Ingredients. "His deep experience in rapidly evolving global supply
chain environments and proven leadership credentials are a great
fit for MGP as we continue to execute our long-term strategy of
transitioning into a branded spirits company. Additionally, I want
to express our deepest gratitude for Steve's tireless efforts and
invaluable contributions in building a very talented and committed
supply chain team at MGP."
Colyott earned a Bachelor of Science in Marketing with a Minor
in Psychology from Eastern Illinois
University. He also completed executive leadership programs
at London School of Business, Nestlé,
and Mars Petcare.
About MGP
MGP Ingredients, Inc. (Nasdaq: MGPI) is a
leading producer of premium branded and distilled spirits, as well
as food ingredient solutions. Since 1941, we have combined our
expertise and energy aimed at formulating excellence, bringing
product ideas to life collaboratively with our customers.
As one of the largest distillers in the U.S., MGP's offerings
include bourbon and rye whiskeys, gins, and vodkas, which are
created at the intersection of science and imagination, for
customers of all sizes, from crafts to multinational brands. With
distilleries in Kentucky and
Indiana, and bottling operations
in Missouri, Ohio, and Northern
Ireland, MGP has the infrastructure and expertise to create
on any scale.
MGP's branded spirits portfolio covers a wide spectrum of brands
in every segment, including iconic brands from Luxco, which was
founded in 1958 by the Lux Family. Luxco is a leading producer,
supplier, importer, and bottler of beverage alcohol products. Our
branded spirits mission is to meet the needs and exceed the
expectations of consumers, associates, and business partners.
Luxco's award-winning spirits portfolio includes well-known brands
from four distilleries: Bardstown,
Kentucky-based Lux Row Distillers, home of Ezra Brooks, Rebel, Blood Oath, David Nicholson, and Daviess County; Lebanon, Kentucky-based Limestone Branch
Distillery, maker of Yellowstone Kentucky Straight Bourbon Whiskey,
Minor Case Straight Rye Whiskey, and Bowling & Burch Gin; Jalisco,
Mexico-based Destiladora Gonzalez Lux, producer of 100%
agave tequilas, El Mayor, Exotico, and Dos Primos; and the historic
Ross & Squibb Distillery in Lawrenceburg, Indiana, where Penelope Bourbon, Remus Straight Bourbon
Whiskey, and Rossville Union Straight Rye Whiskey are produced. The
innovative and high-quality brand portfolio also includes Everclear
Grain Alcohol, Pearl Vodka, Green Hat Gin, Saint Brendan's Irish
Cream, The Quiet Man Irish Whiskey, and other well-recognized
brands.
In addition, our Ingredient Solutions segment offers specialty
proteins and starches that help customers harness the power of
plants and provide a host of functional, nutritional, and sensory
benefits for a wide range of food products.
The transformation of American grain into something more is in
the soul of our people, products, and history. We're devoted to
unlocking the creative potential of this extraordinary resource.
For more information, visit mgpingredients.com.
Media Contact: Patrick Barry,
314.540.3865, patrick@byrnepr.net
Investor Contact: Amit Sharma,
917.922.0211, investor.relations@mgpingredients.com
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SOURCE MGP Ingredients, Inc.