Ingredion Inc. has promoted from within to hire Matthew Galvanoni as its new vice president and corporate controller.
He was named to the role this month and replaces Robin Kornmeyer as corporate controller, who is slated to retire early next year after 10 years with the company.
Galvanoni, 40, most recently was vice president and assistant corporate controller at Ingredion. He joined the company in June 2012 from Exelon Corp., where he worked for 10 years, and before that, had worked at PricewaterhouseCoopers as a senior manager assurance.
Galvanoni will be Ingredion's principal accounting officer, responsible for coordinating, administering and controlling the accounting operations. He will oversee the preparation and filing of SEC reports, and compliance with general accounting principles, practices, control requirements and other financial regulations.
Galvanoni graduated from the University of Illinois, Urbana-Champaign with a degree in accounting and earned an MBA degree with concentrations in finance and strategy from Northwestern University. He is also a certified public accountant in the State of Illinois.
"Over the past 10 years, Robin has been an effective leader and has made numerous contributions to the Company. We congratulate him on his tremendous career and wish him well in retirement," says Cheryl K. Beebe, executive vice president and cfo. "We look forward to working with Matt. His experience and depth of knowledge will be invaluable as we continue to deliver stakeholder value as a leading ingredients solution provider.”
Ingredion Inc., formerly Corn Products International, Inc., specializes in nature-based sweeteners, starches and nutrition ingredients. With customers in more than 40 countries, Ingredion, serves approximately 60 diverse sectors in food, beverage, brewing, pharmaceuticals and other industries.