Corn Products International, Inc. (NYSE: CPO) yesterday announced that its board of directors elected Richard J. Almeida, 59, and James M. Ringler, 56, as board members effective immediately.
Along with these two additions, the board approved an increase in the number of its directors by two to a 13-member board.
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Almeida is chairman and chief executive officer of Heller Financial, Inc. Prior to this position, he was executive vice president and chief financial officer for the company. He also serves on the board of directors for Fuji Bank and Trust Company (N.Y.).
Ringler is vice chairman of Illinois Tool Works Inc. Previously, he was chairman, president and chief executive officer of Premark International, Inc. He additionally serves on the board of directors of The Dow Chemical Company.
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 No. 1 worldwide producer of dextrose and a leading regional producer of starch, high fructose corn syrup and glucose. In 2000, the Company recorded sales of $1.9 billion with domestic and international operations through wholly owned businesses, affiliates and alliances. Headquartered in Bedford Park, 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 www.cornproducts.com.
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