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Darling Ingredients Inc (DAR.N)

DAR.N on New York Stock Exchange

31.63USD
7 Aug 2020
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Summary

Name Age Since Current Position

Randall Stuewe

57 2003 Chairman of the Board, Chief Executive Officer

Brad Phillips

60 2018 Executive Vice President, Chief Financial Officer

John Muse

71 2018 Executive Vice President, Chief Administrative Officer

John Sterling

56 2007 Executive Vice President, General Counsel, Secretary

John Bullock

63 2014 Executive Vice President – Specialty Ingredients and Chief Strategy Officer

Rick Elrod

59 2015 Executive Vice President – Darling U.S. Rendering Operations

Jan van der Velden

56 2017 Executive Vice President - International Rendering and Specialties

Jos Vervoort

61 2017 Executive Vice President – Rousselot

Charles Macaluso

76 Lead Independent Director

Dirk Kloosterboer

65 2017 Director

Charles Adair

69 2017 Independent Director

Linda Goodspeed

58 2017 Independent Director

Mary Korby

75 2014 Independent Director

Gary Mize

69 2016 Independent Director

Michael Rescoe

67 2017 Independent Director

Nicole Ringenberg

58 2018 Independent Director

Jim Stark

2019 IR Contact Officer

Biographies

Name Description

Randall Stuewe

Mr. Randall C. Stuewe is Chairman of the Board, Chief Executive Officer of Darling Ingredients Inc. rom 1996 to 2002, Mr. Stuewe worked for ConAgra Foods, Inc. (ConAgra) as executive vice president and then as president of Gilroy Foods. Prior to serving at ConAgra, he spent twelve years in management, sales and trading positions at Cargill, Incorporated. Mr. Stuewe currently serves as a director of Teays River Investments, LLC, a privately held agribusiness holding company. He also serves on the board of Diamond Green Diesel.

Brad Phillips

Mr. Brad Phillips is Executive Vice President, Chief Financial Officer of the Darling Ingredients Inc. since January 2018. Mr. Phillips has served in a number of different capacities for the Company since 1988. Most recently he served as our Vice President – Treasurer since May 2014. Previously, he held the positions of Treasurer from January 1993 to May 2014, Assistant Treasurer from January 1991 to January 1993, and Assistant Controller from October 1988 to January 1991. Prior to that, he was the Corporate Accounting Manager at Republic Health Corporation from 1984 to 1988, and from 1982 to 1984 he served in the audit group at Arthur Andersen.

John Muse

Mr. John O. Muse serves as Executive Vice President, Chief Administrative Officer of the Company. Prior to that, he served as our Chief Financial Officer from December 2014 to March 2017, our Chief Synergy Officer from January 2014 to December 2014, our Executive Vice President – Chief Administrative Officer from September 2012 to December 2013, our Executive Vice President – Finance and Administration from February 2000 to September 2012 and Vice President and Chief Financial Officer from October 1997 to February 2000. Prior to that, he was Vice President and General Manager at Consolidated Nutrition, L.C. from 1994 to 1997. He also held the position of Vice President of Premiere Technologies, a wholly-owned subsidiary of Archer-Daniels Midland Company from 1992 to 1994. From 1971 to 1992, Mr. Muse was Assistant Treasurer and Assistant Secretary at Central Soya Company, Inc.

John Sterling

Mr. John F. Sterling serves is Executive Vice President, General Counsel, Secretary of Darling Ingredients Inc. since August 2007. From 1997 to July 2007, Mr. Sterling worked for Pillowtex Corporation, where he served as Vice President, General Counsel and Secretary since 1999. Mr. Sterling began his career with the law firm of Thompson & Knight LLP, where he was a member of the firm’s corporate and securities practice area.

John Bullock

Mr. John Bullock is Executive Vice President – Specialty Ingredients and Chief Strategy Officer of Darling Ingredients Inc. since January 2014 and has been in charge of our U.S. Specialty Ingredients businesses since 2015. Prior to that, he served as our Senior Vice President – Business Development from May 2012 to December 2013. Mr. Bullock began his career at General Mills, Inc. in 1978 in ingredient purchasing and risk management. From 1991 to 2004, Mr. Bullock worked for ConAgra Foods Inc., where he led the mergers and acquisitions group of the ConAgra Trading and Processing Companies, with responsibility for leading the company’s growth initiatives and acquiring numerous businesses throughout the world. From 2004 to May 2012, Mr. Bullock operated JBULL INC., a boutique consulting firm he formed specializing in enhancing margin opportunities for agricultural business expansions and developing renewable fuels, during which time he consulted on numerous projects for our company, including its effort in the development and construction of the Diamond Green Diesel facility.

Rick Elrod

Mr. Rick A. Elrod is Executive Vice President – Darling U.S. Rendering Operations of Darling Ingredients Inc. since April 2015. He has extensive experience in raw material procurement and plant operations, having served the Company in various managerial capacities since joining our subsidiary, Griffin Industries, in 1984. Most recently, he served as the Company’s Senior Vice President – Eastern Region from January 2011 to April 2015. Mr. Elrod is involved in several state associations within the industry as well as the National Chicken Council, the U.S. Poultry Protein Council and the National Renderers Association.

Jan van der Velden

Mr. Jan van der Velden is an Executive Vice President - International Rendering and Specialties of Darling Ingredients Inc. since October 2017. He has served in a number of different capacities for Darling Ingredients International (formerly known as VION Ingredients) since June 1989. Most recently, he has served as the Executive Vice President – ERS from January 2014 to October 2017, Managing Director of ERS for VION Ingredients from March 2012 to January 2014, and the Vice President Raw Materials & Logistics for VION Ingredients from January 2001 to March 2012. From May 2005 to March 2012, he also served as the managing director of VION Ingredients Germany. He also served as a member of the board of VION Ingredients.

Jos Vervoort

Mr. Jos Vervoort is the Executive Vice President – Rousselot of Darling Ingredients Inc, since May 2017. He has served in a number of different capacities for Darling Ingredients International (formerly known as VION Ingredients) since March 2006. Most recently, he served as Vice President of Rousselot from November 2015 to May 2017. From January 2008 to November 2015, he served as Managing Director of Rousselot EMEA. He also served as a member of the board of VION Ingredients.

Charles Macaluso

Mr. Charles S. Macaluso is Lead Independent Director of Darling Ingredients Inc. Since 1998, Mr. Macaluso has been a principal of Dorchester Capital, LLC, a management consulting and corporate advisory service firm focusing on operational assessment, strategic planning and workouts. From 1996 to 1998, he was a partner at Miller Associates, Inc., a workout, turnaround partnership focusing on operational assessment, strategic planning and crisis management. Mr. Macaluso currently serves as a director of the following companies: Landec Corporation, where he serves on the audit committee; Williams Industrial Service Group Inc. (f/k/a Global Power Equipment Group Inc.), where he serves as chairman of the board; and Pilgrim’s Pride Corporation, where he serves on the audit committee. Mr. Macaluso has also served in the past as a director of the Elder Beerman Stores Corp., Global Crossing Limited, Woodbine Acquisition Corporation and GEO Specialty Chemicals.

Dirk Kloosterboer

Mr. Dirk Kloosterboer serves as Director of the Darling Ingredients Inc. Mr. Kloosterboer served as our Chief Operating Officer from January 2014 until his retirement in October 2017. He served as chief operations officer and a director and vice chairman of the board of VION N.V. from 2008 until we acquired VION Ingredients in January 2014, which is now known as Darling Ingredients International. From September 2012 to April 2013, Mr. Kloosterboer served as chief executive officer of VION N.V. Mr. Kloosterboer currently serves as a member of the Supervisory Boards of Bolsius International B.V. and Avebe.

Charles Adair

Mr. Charles L. Adair is the Independent Director of the company,since 2017. Mr. Adair retired as Vice Chairman at BMO Capital Markets, a financial services provider. While at BMO Capital Markets, Mr. Adair was responsible for initiating and negotiating investment banking transactions in the Food & Agribusiness sectors. Before joining BMO Capital Markets, he was Senior Vice President and manager of the Harris Capital Markets Group, also a financial services provider, which became the nucleus of the BMO Capital Markets Chicago office. Prior to BMO, Mr. Adair was Director of North American Mergers and Acquisitions for the Australian based agribusiness firm Elders Grain, Inc. where he initiated and executed acquisitions. Early in his career, Mr. Adair held senior positions in domestic and export cash grain trading, futures trading, and transportation logistics with Consolidated Grain and Barge Co. Mr. Adair has also served as an independent director of Aryzta AG, a public global bakery business based in Zurich, Switzerland, where he served as chairman of the remuneration committee. Mr. Adair is currently a director of a private packaged protein co-manufacturer and a private research commercialization company focused on animal agriculture.

Linda Goodspeed

Ms. Linda A. Goodspeed is the Independent Director of the company, since 2017. Ms. Goodspeed is the retired Chief Operating Officer and a Managing Partner at WealthStrategies Financial Advisors, a registered investment advisory firm, positions she held from 2007 until her retirement in 2017, and currently serves as a member of the board of directors of each of the following companies: American Electric Power Company, Inc., where she serves on the nuclear oversight, audit and policy committees; and AutoZone, Inc., where she serves on the audit and compensation committees. She had served as Senior Vice President and Chief Information Officer of The ServiceMaster Company, a provider of home services, from 2011 to 2014. From 2008 to September 2011, Ms. Goodspeed served as Vice President, Information Systems and Chief Information Officer for Nissan North America, Inc., a subsidiary of Nissan Motor Company, a global manufacturer of vehicles. From 2001 to 2008, Ms. Goodspeed served as Executive Vice President at Lennox International Inc., a global manufacturer of air conditioning, heating and commercial refrigeration equipment. During the past five years, Ms. Goodspeed also served as a director of the Columbus McKinnon Corp. and Williams Industrial Services Group Inc. (f/k/a Global Power Equipment Group Inc.).

Mary Korby

Ms. Mary R. Korby serves as Independent Director of Darling Ingredients Inc. Ms. Korby retired as a partner of the law firm of K&L Gates LLP, after having practiced law for more than 19 years as a partner at the law firms of K&L Gates LLP and previously, Weil Gotshal & Manges LLP. During her legal practice, Ms. Korby advised boards of directors and companies regarding securities law compliance, stock exchange listings, disclosure issues and corporate governance, as well as tender offers, joint ventures and mergers and acquisitions, including complex cross-border public and private transactions in diverse industries such as chemicals, defense, recycling, green energy, aviation, and manufacturing.

Gary Mize

Mr. Gary W. Mize is an Independent Director of the Company. Since October 2009, Mr. Mize has held the position of partner and owner at MR & Associates, a provider of consulting and advisory services to agricultural based businesses. Mr. Mize served as President of Rawhide Energy LLC, an ethanol company, from April 2007 to April 2009. He also served as non executive Chairman at Ceres Global AG, a Canadian public company that serves as a vehicle for agribusiness investments, from December 2007 to April 2010, and has served as an independent director of Ceres Global AG since October 2013, where he currently serves as the chairman of the audit committee and the nominating and corporate governance committee. Mr. Mize has also served as a director of Gevo, Inc. since 2011, where he currently serves as the audit committee chairman and as a member of the compensation committee. In addition, Mr. Mize served Noble Group, Hong Kong, as Global Chief Operating Officer and Executive Director from July 2003 to December 2005 and Non-Executive Director from December 2005 to December 2006. Previously, he was President of the Grain Processing Group at ConAgra Foods, Inc., President and Chief Executive Officer of ConAgra Malt and held various positions at Cargill, Incorporated.

Michael Rescoe

Mr. Michael E. Rescoe is the Independent Director of the company. Mr. Rescoe served as executive vice-president and chief financial officer of Travelport Ltd. (travel services), a privately-held company controlled by The Blackstone Group (BX), from November 2006 until October 2009. He served as executive vice president and chief financial officer of the Tennessee Valley Authority, a federal corporation that is the nation’s largest public power provider, from July 2003 until November 2006. Mr. Rescoe was a senior officer and the chief financial officer of 3Com Corporation, a global technology manufacturing company specializing in Internet connection technology for both voice and data applications, from April 2000 until November 2002. During 1999 and 2000, Mr. Rescoe was associated with Forstman Little & Company, a leveraged buyout firm. Prior thereto, Mr. Rescoe was chief financial officer of PG&E Corporation, a power and natural gas energy holding company, from 1997. For over a dozen years prior to that, Mr. Rescoe was a senior investment banker with Kidder, Peabody & Co. and a senior managing director of Bear Stearns specializing in strategy and structured financing. From May 2011 until February 2014, Mr. Rescoe served on our Board, where he served as a member of the audit and compensation committees, and from December 2003 until October 2011, Mr. Rescoe served as a director of Global Crossing Ltd., where he served as chairman of the audit committee. From July 2014 until April 2018, Mr. Rescoe also served as a director of Williams Industrial Ser- vices Group Inc. (f/k/a Global Power Equipment Group Inc.).

Nicole Ringenberg

Ms. Nicole M. Ringenberg serves as Independent Director of the company. Ms. Ringenberg worked for Monsanto Company, a global leader in sustainable agriculture solutions, for over 32 years through June 2018, during which she served in numerous management roles, including Vice President and Controller from 2009 to June 2018, Vice President, Global Commercial Operations and Finance from 2007 to 2009, and CEO, Asia Pacific Region from 2004 to 2007.

Jim Stark

Basic Compensation

Name Fiscal Year Total

Randall Stuewe

7,630,210

Brad Phillips

1,637,630

John Muse

1,825,970

John Sterling

2,043,490

John Bullock

2,328,690

Rick Elrod

1,288,580

Jan van der Velden

1,953,640

Jos Vervoort

1,268,790

Charles Macaluso

314,000

Dirk Kloosterboer

198,500

Charles Adair

210,000

Linda Goodspeed

208,500

Mary Korby

227,250

Gary Mize

210,000

Michael Rescoe

204,000

Nicole Ringenberg

204,500

Jim Stark

--
As Of  28 Dec 2019