US-based ingredients company Penford has appointed Andy Dratt to the newly-created position of vice president, corporate development.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Before joining Penford, Dratt served in senior positions with Sensient Flavors & Fragrances, FONA International, Griffith Laboratories and Diamond Consultants.


“I am confident that Andy will make outstanding contributions to Penford through his strong business development and strategic planning skills and experience,” said Penford CEO Thomas D. Malkoski. “We are very pleased to have Andy on board as we develop business opportunities for growth to enhance value for our shareholders and employees.”


Penford develops, manufactures and markets speciality, natural-based ingredient systems.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact