Business Services Industry
Imperial Sugar Company Announces Appointment of Jack Walker as Vice President - Industrial Sales
Business Wire, Sept 5, 2006
SUGAR LAND, Texas -- Imperial Sugar Company (NASDAQ:IPSU) announced today that Jack E. Walker has been appointed to the position of vice president - industrial sales. He will be responsible for all sales management functions to the Company's industrial customers, who buy a range of products, including basic bulk and liquid sugar, packaged sugar products and a variety of specialty, higher value-added products. He will report to Pat Henneberry, senior vice president - commodities management.
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Walker, 48, brings an extensive background in sales of a variety of commodity products, including sugar, shortening, oils, flour and specialty ingredients. Most recently, he served as General Manager - Food Ingredient Solutions for MGP Ingredients, selling products into the food processing, baking and industrial markets. Prior to that role, he was vice president of Bartlett Milling Company, where he had P&L responsibility for two divisions engaged in the processing of wheat into flour and was involved in all facets of the manufacturing operations, commodity material procurement and risk management activities, and vice president, sales of ConAgra Flour Milling Company. He received a B.S. - Business Administration degree from the University of Kansas.
"I am very pleased to welcome Jack to Imperial and look forward to his contributions to one of our core activities," said Peiser. "He will lead a group of sales executives who already rank among the best in the sugar industry but who, under expanded leadership, should be able to provide a greater array of sweetener solutions to those customers in need of innovation in this category, in addition to their core industrial purchasing experience. He is also joining the Company following our substantial investment in our supply chain designed to further enhance our customers' procurement experience."
Imperial Sugar is already recognized as a leading innovator of new packaging concepts in the retail sector of the sugar industry and is in the process of expanding these concepts into the foodservice channel. Additional resources are being expended towards the development of higher, value-added products to its industrial specialties business in order to better service its industrial customers.
About Imperial Sugar
Imperial Sugar Company is one of the largest processors and marketers of refined sugar in the United States to food manufacturers, retail grocers and foodservice distributors. With packaging and refining facilities across the U.S., the Company markets products nationally under the Imperial(R), Dixie Crystals(R) and Holly(R) brands. For more information about Imperial Sugar, visit www.imperialsugar.com.
Statements regarding future market prices and margins, future energy costs, future operating results, future availability of raw sugar, operating efficiencies, future government and legislative action, future cost savings, future benefit costs, our liquidity and ability to finance our operations, and other statements that are not historical facts contained in this release are forward-looking statements that involve certain risks, uncertainties and assumptions. These include, but are not limited to, market factors, energy costs, the effect of weather and economic conditions, farm and trade policy, our ability to realize planned cost savings, the available supply of sugar, actual or threatened acts of terrorism or armed hostilities, legislative, administrative and judicial actions and other factors detailed in the Company's Securities and Exchange Commission filings. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated.
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