MGP appoints chairman
Martin Roper has been elected chairman of the board for MGP Ingredients, effective from 22 May.
Roper joined the board of directors in April and brings more than 25 years’ experience in the beverage industry. He served as CEO of The Boston Beer Company for nearly two decades and is currently CEO of The Vita Coco Company.
He said: “It’s an honour to take on the role of chairman at a dynamic time for MGP. The company has built a strong foundation and is making meaningful progress across its focused initiatives.
“I look forward to working with my fellow directors and management to build on that progress, sharpening our strategic priorities, strengthening our execution capabilities, and delivering sustained value to shareholders.”
The board has also made several other appointments, including Jennifer Lowry as the chair of the audit committee, Todd Siwak as the chair of the nominating and governance committee, and Tom Gerke as the chair of the human resources and compensation committee.
Brandon Gall, interim president and CEO, and CFO, said: “Martin’s appointment comes at a critical juncture for the company as we continue our evolution into a premier, branded spirits organisation.
“His deep industry expertise, fresh perspective, and strong track record of value creation in the public markets will be highly valuable as MGP enters its next phase of growth.”
Gall became interim president and CEO in January, following the retirement of David Bratcher.
MGP Ingredients suffered a 16% sales drop in the fourth quarter of 2024. The Kansas-based company scaled back its whiskey production amid declining sales across all of its segments last year.
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