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

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

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 - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now