MGP Ingredients names Julie Francis as chief executive officer

MGP Ingredients Inc. (NASDAQ: MGPI) appointed Julie Francis as president and chief executive officer, effective immediately, the company announced in a press release.

Francis will join the MGP board at the 2026 annual meeting of stockholders. Brandon Gall, who served as interim president and chief executive officer since January 1, 2025, will continue as chief financial officer.

Francis brings over 30 years of leadership experience in the branded food and beverage industries. She previously served as chief operating officer at Schwan's Company, a frozen foods producer, and as senior vice president of commercial and category development for Constellation Brands' Total Beverage Alcohol platform. She held multiple leadership positions at The Coca-Cola Company and Coca-Cola Enterprises, participating in the integration of the U.S. segments to create the Coca-Cola Refreshments subsidiary.

Francis currently serves on the board of directors of Ascend Wellness Holdings and has served as a board advisory director for Nottingham Spirk. She holds a bachelor of science degree in business administration from Alfred University.

"Julie is a proven leader with decades of experience driving growth and value creation across the food and beverage space," said Martin Roper, chairman of the board.

The company reaffirmed its consolidated fiscal 2025 sales, adjusted EBITDA, and adjusted basic earnings per share guidance.

MGP Ingredients operates in the alcoholic beverage and specialty ingredient industries through three segments: branded spirits, distilling solutions, and ingredient solutions. The company's portfolio includes Penelope, Rebel, Remus, and Yellowstone bourbons and El Mayor tequila under the Luxco umbrella.

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