IRVING,
Texas, July 17, 2023 /PRNewswire/ -- Darling
Ingredients Inc. (NYSE: DAR) today announced John Bullock, Chief Strategy Officer, will
retire effective Feb. 15, 2024.
Robert Day has been named to succeed
Bullock.
Bullock joined Darling Ingredients in 2012 and has been
instrumental in transforming the company into a world leader in
upcycling animal byproducts to their highest value through the
creation of new markets.
Under Bullock's leadership, Darling Ingredients entered the
renewable diesel market in 2013 to maximize value for its waste
fats. Since then, the company, through its 50/50 joint venture,
Diamond Green Diesel, has evolved
into one of the largest renewable diesel providers in the world and
will soon be one of the largest sustainable aviation fuel producers
in the world.
"John is the guy who – if someone said you can't do that – went
and did it and figured out how to make money at it," said
Randall C. Stuewe, Chairman and
Chief Executive Officer. "John helped me and the Board of Directors
see the tremendous value we can unlock by focusing on the end
ingredient we produce, not how we process the raw material.
Throughout John's tenure, Darling has entered new markets, created
new products and grown tremendously. His leadership has laid a
strong foundation for this company's continued success through
innovation and strategy."
Bullock began his career at General Mills in 1978, focusing on
ingredient purchasing and risk management. He moved to ConAgra
Foods in 1991, where he led the mergers and acquisitions group for
ConAgra's Trading and Processing companies. After ConAngra, he
operated a boutique consulting firm focused on agricultural
business expansions.
"On behalf of the Board of Directors and the Darling Ingredients
family, I want to wish John and his family the best in retirement.
His leadership in helping build Darling to the company it is today
will never be forgotten," Stuewe said.
Effective Aug.6, 2023, Robert (Bob)
Day will join Darling Ingredients as Chief Strategy Officer.
Day brings nearly 30 years of experience
in agriculture, soft and energy commodities. Most
recently, he was a partner at Ascendant Partners, a boutique
investment bank focusing on the food, agriculture and renewable
fuels industries. Prior to that, Day served as Chief Executive
Officer at Ceres Global Ag Corp., Managing Director Asia at
ED&F Man, and he held a variety of senior management and
commercial roles, including more than 19 years with Cargill in
Asia, Latin America and the U.S. He received an MBA
from St. Thomas University in
St. Paul, Minnesota, a bachelor's
degree from the University of
Minnesota, and he is licensed with FINRA as a registered
investment banking representative.
"We're excited to have Bob join our executive team," Stuewe
said. "Bob brings a wealth of agribusiness experience and an
impressive track record of developing transforming
businesses."
About Darling Ingredients
Darling Ingredients Inc.
(NYSE: DAR) is the largest publicly traded company turning edible
by-products and food waste into sustainable products and a leading
producer of renewable energy. Recognized as a sustainability
leader, the company operates more than 260 facilities in over 15
countries and repurposes approximately 15% of the world's meat
industry waste streams into value-added products, such as green
energy, renewable diesel, collagen, fertilizer, animal proteins and
meals, and pet food ingredients. To learn more, visit
darlingii.com. Follow us on LinkedIn.
Darling
Ingredients Contacts
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Investors:
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Suann
Guthrie
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Senior VP, Investor
Relations, Sustainability & Communications
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(469) 214-8202;
suann.guthrie@darlingii.com
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Media:
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Jillian
Fleming
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Director, Global
Communications
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(972) 541-7115;
jillian.fleming@darlingii.com
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SOURCE Darling Ingredients Inc.