BNET Industries

Market Cap:$2.1B
Last Fiscal Year Sales:$3.9B
  • Public
  • US
Dow Jones Description

We are one of the world's largest corn refining and ingredient companies and an indispensable part of everyday life. Headquartered in the Chicago suburb of Westchester, Illinois, Corn Products International is a leading supplier of starches, sweeteners and other ingredients. We are the world's largest producer of dextrose and a leading regional manufacturer of starches, syrups and glucose. The company provides a wide variety of ingredients to customers in more than 60 industries, including the food, beverage, pharmaceutical, animal feed, corrugating, paper and textile sectors.

President, Asia and Africa Division
John F. Saucier
Number of Employees 7,800
Contact Information

5 Westbrook Corporate Ctr

Westchester, Illinois 60154

cornproducts.co...

(708) 551-2600

NAICS Code Wet Corn Milling: 311221

Recent Events

  • Corn Products International to Present at Citi Investment

    11/23/09 - Financial Announcement - View Story

  • Corn Products International CPO Declares $0.14 Quarterly Dividend; 1.9% Yield

    11/18/09 - Stock Split / Dividend - View Story

  • Corn Products International Reports Third Quarter Results

    10/29/09 - Financial Announcement - View Story

  • Corn Products International to Release 2009 Third-Quarter Financial Results and Hold Conference Call and Webcast...

    10/02/09 - Financial Announcement - View Story

  • Corn Products CPO Declares Quarterly Dividend of $0.14, Yielding 1.93%

    9/21/09 - Stock Split / Dividend - View Story

  • Corn Products International to Webcast Presentation at Barclays Capital Back-to-School Consumer Conference on September 10

    9/01/09 - Financial Announcement - View Story

  • Corn Products International Updates NAFTA Proceedings

    8/19/09 - Financial Announcement - View Story

  • Yahoo, Microsoft in Search Deal

    7/29/09 - Financial Announcement - View Story

  • Corn Products International Names Barry to New Post

    7/17/09 - Mgmt. Change Entering - Director - View Story

  • Corn Products International Names John Barry Vice President, Investor Relations and Corporate Communications

    7/15/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

corn products international inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
John F. Saucier President, Asia and Africa Division
Luis Aranguren-Trellez Executive President of Arancia Industrial, S.A. De C.V.
Cheryl Beebe Chief Financial Officer
Mary Ann Hynes Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer
Robin A. Kornmyer Vice President, Cao & Controller
David Prichard Vice President, Investor Relations and Corporate Communications
Jack Fornum President, US, Canadian Region & Vice President
Jack Fortnum President, North America Division & Vice President
James Hirchak Vice President, HR
Jorge L. Fiamenghi President, South America Division & Vice President
Robin Kornmeyer Controller & Vice President
Mark Lindley Director, Corp Communications
George Macropulos
Kimberly Hunter Corp Treasurer
Samuel C. Scott Director

Board of Directors

Name (plus bio) Position
Barbara A. Klein Director, Chairperson of The Audit Committee and Member of The Corporate Governance
Gregory B. Kenny Director, Chairman of The Finance Committee
Richard J. Almeida Director, Chairman of The Compensation Committee
William S. Norman Director, Lead Director, Chairman of The Corporate Governance
Bernard H. Kastory Board of Directors
Clifford B. Storms Board of Directors
James M. Ringler Board of Directors
Karen L. Hendricks Board of Directors
Luis Aranguren Board of Directors
Paul T. Hanrahan Board of Directors

Mr. Saucier previously served as Vice President, Global Business and Product Development, Sales and Marketing from April 2006 to November 2007. Prior to that, Mr. Saucier was President of the Integrated Nylon Division of Solutia, Inc., a specialty chemical manufacturer from September 2001 to March 2005.

Organization Position Status
Corn Products International, Inc. President, Asia and Africa Division Current
Corn Products International, Inc. Board of Directors Current
Solutia Inc. President Former
Monsanto Company Vice President, Strategy Former
Solutia Inc. Vice President, Strategy Former
Corn Products International, Inc. President, Asia, Africa Division & Vice President, Business Dev, Global Former
Monsanto Company Director and Manager Former
University of Missouri Bachelor's and Master's Degrees In Mechanical Engineering Former
Washington University Master's Degree In Business Administration Former

Mr. Aranguren-Trellez has been, since June 1, 2000, the Executive President of Arancia Industrial, S.A. de C.V., a holding company with interests in the food and enzyme industries, special textile rent to hospital sector and food service and logistics. Arancia Industrial is a Mexican company that is owned by Mr. Aranguren-Trellez and his brothers. Arancia Industrial was the former joint venture partner with the company in corn wet milling and refining operations in Mexico. Previously, Mr. Aranguren-Trellez served as Operations Director of CPIngredientes, S.A. de C.V., Corn Products’ Mexican subsidiary, from 1996 until 2000, and had served in various other management positions with that company and its predecessors since 1989. He was also a director of Sistemas Pecuarios, S.A. de C.V. from 1998 to 2004, a joint venture between private Mexican and Great Britain companies, and he is at present Chairman of PFS de Mexico, S.A. de C.V., a private Mexican company in the food service and logistics area controlled by Arancia Industrial. Mr. Aranguren-Trellez is also a member of the Regional Consulting Board of Telefonos de Mexico, S.A. de C.V., as well as of Banco Nacional de Mexico, S.A., the Citicorp Mexican bank subsidiary.

Organization Position Status
Corn Products International, Inc. Executive President of Arancia Industrial, S.A. De C.V. Current
Regional Consulting Board of Directors Current
Corn Products International, Inc. Board of Directors Current

Ms. Beebe previously served as Vice President, Finance from July 2002 to February 2004, as Vice President from 1999 to 2002 and as Treasurer from 1997 to February 2004. Prior thereto, she served as Director of Finance and Planning for the CPC Corn Refining Business worldwide from 1995 to 1997 and as Director of Financial Analysis and Planning for Corn Products North America from 1993. Ms. Beebe joined CPC in 1980 and served in various financial positions in CPC’s US consumer food business, North American audit group and worldwide corporate treasury group. Ms. Beebe is a member of the Board of Directors of Packaging Corporation of America. She is also a member of the Board of Trustees for Fairleigh Dickinson University.

Organization Position Status
Corn Products International, Inc. Chief Financial Officer Current
Corn Products International, Inc. Vice President Current
Fairleigh Dickinson University Board of Directors Current
Packaging Corporation of America Board of Directors Current
Cpc International Ltd. Director of Finance and Planning Former
Fairleigh Dickinson University master's Former
Rutgers University Bachelor's Degree In Accounting Former
Fairleigh Dickinson University Business Administration In Corporate Finance Former

Ms. Hynes previously served as Senior Vice President and General Counsel, Chief Legal Officer for IMC Global Inc., a producer and distributor of crop nutrients and animal feed ingredients, from July 1999 to October 2004, and a consultant to The Mosaic Company, also a producer and distributor of crop nutrients and animal feed ingredients, from October 2004 to October 2005. The Mosaic Company acquired IMC Global Inc. in October 2004.

Organization Position Status
Corn Products International, Inc. Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer Current
IMC Global Inc. Chief Legal Officer Former
IMC Global Inc. Senior Vice President and General Counsel Former
Sundstrand Corporation Senior Vice President, General Counsel Former
Corn Products International, Inc. General Counsel, Secretary & Vice President Former
CCH Inc. Vice President and General Counsel Former
Corn Products International, Inc. Corporate Secretary Former
The John Marshall Law School Master of Laws, Taxation Degree Former
Loyola University Bachelor's Degree In Political Science and Mathemetics Former

Organization Position Status
Corn Products International, Inc. Vice President, Cao & Controller Current

David Prichard is vice president, investor relations and corporate communications for Corn Products International, Inc. Westchester, IL. Prichard was recently promoted to vice president of investor relations and corporate communications. He joined Corn Products International, a leading global provider of agriculturally derived ingredients for diversified industries as director, investor relations in December 2005.

Organization Position Status
Corn Products International, Inc. Vice President, Investor Relations and Corporate Communications Current
Niri Board of Directors Current

Organization Position Status
Corn Products International, Inc. President, US, Canadian Region & Vice President Current

Organization Position Status
Corn Products International, Inc. President, North America Division & Vice President Current
Chicagoland Chamber of Commerce Board of Directors Current
The Corn Refiners Association, Inc. Board of Directors Current
Corn Products International, Inc. President Former
McGill University Graduate Degree In Business Administration Former
University of Toronto Bachelor's Degree In Economics Former

"Mr. Hirchak joined CPC in 1976 and held various Human Resources positions in CPC until 1984, when he joined the CPC Corn Products Division. In 1987, Mr. Hirchak was appointed Director, Human Resources for Corn Products’ North American Operations and he served as Vice President, Human Resources for the Corn Products Division of CPC from 1992 to 1997. He is a member of the Board of Directors of Accion Chicago, Inc. "

Organization Position Status
Corn Products International, Inc. Vice President, HR Current
University of Arkansas Master's of Science Degree In Organizational Psychology Former

"Jorge L. Fiamenghi Vice President and President of the South America Division Mr. Fiamenghi served as Acting President, US/Canadian Region from August 2001 to February 2002. Mr. Fiamenghi served as President and General Manager, Corn Products Brazil from 1996 to 1999. Mr. Fiamenghi was General Manager for the CPC Corn Refining affiliate in Argentina beginning in 1991. Prior thereto, he was Financial and Planning Director for the CPC South American Corn Refining Division from 1989 to 1991, and served as Financial and Administrative Manager for the CPC Corn Refining Division in Mexico beginning in 1987. Mr. Fiamenghi joined CPC in 1971 and served in various financial and planning positions in CPC. "

Organization Position Status
Corn Products International, Inc. President, South America Division & Vice President Current

Mr. Kornmeyer previously served as Corporate Controller at Foster Wheeler Ltd., a worldwide engineering and construction company, from 2000 to 2002.

Organization Position Status
Corn Products International, Inc. Controller & Vice President Current
Foster Wheeler Ltd. Corporate Controller Former
Lebanon Valley College Bachelor's Degree In Economics and Business Administration Former

Barb Klein is senior vice president, chief financial officer and executive committee member of CDW, a FORTUNE 500 company and a leading provider of technology products and services for business, government and education. In addition, she serves as director of CDW Government, Inc. Klein is responsible for financial planning and analysis, accounting, treasury, tax, risk management, internal audit and investor relations. Klein joined CDW in 2002, bringing more than 20 years of financial and leadership experience to the management team. Previously, she served as vice president of finance and chief financial officer of Dean Foods Company. Prior to Dean Foods, Klein served as vice president and corporate controller for Ameritech Corporation. Additionally, Klein held senior management positions at Pillsbury and Sears, Roebuck and Co. Klein, a certified public accountant, graduated magna cum laude from Marquette University with a Bachelor of Science in accounting and finance and a master's degree in business administration from Loyola University. She is a member of the American Institute of CPAs, the Illinois Society of CPAs, The Chicago Network, Financial Executives Institute and Chicago Finance Exchange. Additionally, Klein serves on the Board of Directors of Corn Products International, Inc.

Organization Position Status
CDW Government, Inc. Chief Financial Officer and Director Current
Macwarehouse Senior Vice President and Chief Financial Officer Current
Corn Products International, Inc. Director, Chairperson of The Audit Committee and Member of The Corporate Governance Current
CDW Corporation Board of Directors Current
Cabot Microelectronics Corporation Director Current
Tax Assistance Program Board Member Current
Corn Products International, Inc. Board of Directors Current
The Chicago Network Member Current
American Institute of Certified Public Accountants Member Current
Financial Executives Institute Member Current
Chicago Finance Exchange Member Current
CDW Corporation Chief Financial Officer Former
Dean Foods Company Chief Financial Officer Former
CDW Corporation Senior Vice President Former
Ameritech Corporation Vice President Former
Dean Foods Company Vice President of Finance Former
Ameritech Corporation Corporate Controller Former
Sears, Roebuck & Co. Senior Management Former
Pillsbury Senior Management Former
Tax Assistance Program Chairperson Former
Loyola University MBA Former
Loyola University B.S. In Accounting Former
Marquette University Bachelor of Science In Accounting and Finance Former

Mr. Kenny has served as President and Chief Executive Officer of General Cable since August 2001. He was President and Chief Operating Officer of General Cable from May 1999 to August 2001. From March 1997 to May 1999, he was Executive Vice President and Chief Operating Officer of General Cable. From June 1994 to March 1997, he was Executive Vice President of the subsidiary of General Cable which was General Cable’s immediate predecessor. He is also a director of Cardinal Health Incorporated and Corn Products International. Mr. Kenny has a diverse career in government and industry. In 1975, through competitive exam, Mr. Kenny entered the U.S. Department of State as a Foreign Service Officer. His diplomatic career focused on international economics and trade, and included tours in Washington DC and South America. In 1982, Mr. Kenny moved to the private sector joining the Penn Central Corporation, then a $3.0 billion revenues, multi-industry conglomerate. As an officer, he held a variety of positions including VP Corporate Development and Group Executive for the Technical Products and Services companies, which included Penn Central’s activities in Rail Services, Satellite Systems and Nuclear/Environmental engineering. Mr. Kenny holds a Bachelor of Science from Georgetown University, a Masters of Business Administration from The George Washington University and a Masters of Public Administration from Harvard University (NYSE: CPO).

Organization Position Status
General Cable Corporation President & Chief Executive Officer Current
Corn Products International, Inc. Director, Chairman of The Finance Committee Current
IDEX Corporation Board of Directors Current
General Cable Corporation Director Current
Cardinal Health, Inc. Board of Directors Current
Smart Grid Newsletter Board of Directors Current
Xtek, Inc. Board of Directors Current
General Cable Corporation Coo Former
General Cable Corporation Executive Vice President Former
Penn Central Corporation Vice President Corporate Development Former
Penn Central Corporation Group Executive Former
Corn Products International, Inc. Director Former
The George Washington University MBA Former
Harvard University Masters of Public Administration Former
The George Washington University Bachelor of Science Former
Harvard University Bachelor of Science Former
Georgetown University Bachelors Degree Former
National Electrical Manufacturers Association member Former

Organization Position Status
Corn Products International, Inc. Director, Corp Communications Current
Corn Products International, Inc. Board of Directors Current

Mr. Almeida retired in 2001 as Chairman and Chief Executive Officer of Heller Financial, Inc., a commercial finance and investment company, a position he had held since 1995. He served as Executive Vice President and Chief Financial Officer of Heller Financial from 1987 until 1995. Before that service, he was an executive with Citicorp/Citibank, a full service bank, serving in various capacities. Mr. Almeida is a director of UAL Corporation, CARE(USA) and High Jump. Previously, he was a member of the boards of E-Funds Corp. and The Marmon Group.

Organization Position Status
Corn Products International, Inc. Director, Chairman of The Compensation Committee Current
Highjump Director Current
UAL Corporation Board Director Current
Corn Products International, Inc. Board Director Current
eFunds Corporation Board of Directors Current
Care and Company Director Current
UAL Corporation Audit Committee Member Current
Heller Financial, Inc. Chief Executive Officer Former
Heller Financial, Inc. Cfo Former
Heller Financial, Inc. Executive Vice President Former
eFunds Corporation Chairperson, Audit Committee Former
Heller Financial, Inc. Chairman Former
Heller Financial, Inc. Director Former
eFunds Corporation Board of Directors Former
The Marmon Group, Inc. Board of Directors Former

Mr. Norman retired in January 2005 from the Travel Industry Association, a trade association for the travel industry, where he had been President and Chief Executive Officer since 1994. Previously, he served as Executive Vice President of the National Railroad Passenger Corporation (AMTRAK), a rail transportation company, from 1987 to 1994. He is the Chairman of the Board of LMI, a nonprofit government consulting organization dedicated to improving management of the US Federal Government, and a director of the U.S. Travel Association. He is also a Vice Chairman of the Board of Trustees of West Virginia Wesleyan College and a member of the Board of Overseers of the Hospitality Hall of Honor and Archives.

Organization Position Status
Corn Products International, Inc. Director, Lead Director, Chairman of The Corporate Governance Current
National Railroad Passenger Corporation executive vice president Former
Corn Products International, Inc. Board of Directors Former

George brings more than 20 years of creative and communications experience from Ameritech. George contributed to several important projects, including heading up a team that produced more than 700 video, multimedia and web projects. He worked on a project to market Ameritech's Internet/intranet communications product lines. He was also part of a team that launched Ameritech into the cellular long distance arena. George is a founding member of Dolphin Marketing Communications, a company that works with clients such as Corn Products International, Portland Cement Association and Howmet Corporation. George earned a Masters of Science degree in the Communications Executive Program at Northwestern University. He also holds a Bachelor of Science degree in mass communications/broadcasting from Southern Illinois University.

Organization Position Status
DNA Visual Business Solutions Inc Vice President of Development Current
Corn Products International, Inc. Current
Howmet Corporation Current
Northwestern University Masters of Science Degree Former
Southern Illinois University Bachelor of Science Degree In Mass Communications Former
Northwestern University Executive Program Former

Ms. Hunter previously served as Director of Corporate Treasury from September 2001 to February 2004. Prior to that, she served as Managing Director, Investment Grade Securities at Bank One Corporation, a financial institution, from 1997 to 2000 and as Vice President, Capital Markets of Bank One from 1992 to 1997.

Organization Position Status
Corn Products International, Inc. Corp Treasurer Current
Corn Products International, Inc. Board of Directors Current
Bank One Corp Vice President, Capital Markets Former
Bank One Corp Managing Director Former
University of Chicago Master's Degree of Business Administration Former
Harvard University Bachelor's Degrees In Government and Economics Former

"Bernard H. Kastory Former Professor of Business Administration at Skidmore College and Former Senior Corporate Executive at Bestfoods Mr. Kastory taught business strategy in the Business Department at Skidmore College, a private, liberal arts college, from 2001 until his retirement in December 2007. He served as a Senior Vice President of Bestfoods (formerly known as CPC International) from 1999 to 2001 with responsibility for its Asian, Latin American and Baking divisions. Bestfoods, which was acquired by Unilever in 2000, was a global producer of consumer food products. Previously, he served as Senior Vice President — Finance and Administration of Bestfoods from 1997 until 1999, as Chairman and Chief Executive Officer of Bestfoods’ Baking Business from 1995 until 1997 and as President of its Corn Refining Business and Vice President of CPC International since 1992. Mr. Kastory is a member of the Advisory Board of Bimbo Bakeries USA, an affiliate of Grupo Bimbo, a member of the Finance Committee of Double H Ranch, a camp for children with terminal illnesses, and a Trustee of Skidmore College. "

Organization Position Status
Corn Products International, Inc. Board of Directors Current
Best Foods Chief Executive Officer Former
Best Foods President Former
Best Foods Senior Vice President Former
Best Foods Chairman Former

Organization Position Status
Corn Products International, Inc. Board of Directors Current

Organization Position Status
Dow Venture Capital Team Member Current
Dow Automotive Current
FMC Technologies (Fti) Current
Decisionpoint Applications, Inc. Chairman Current
Marcom Central Chairman Current
Rohm & Haas Company Board of Directors Current
Corn Products International, Inc. Board of Directors Current
NCR Corporation Board of Directors Current
Autoliv, Inc. Director Current
The Dow Chemical Company Board of Directors Current
FMC Technologies Measurement Solutions Board of Directors Current
Illinois Tool Works, Inc. Chief Executive Officer Former
Illinois Tool Works, Inc. President Former
Illinois Tool Works, Inc. Chief Operating Officer Former
Illinois Tool Works, Inc. Executive Vice President Former
Corn Products International, Inc. Director of Autoliv Inc Former
NCR Corporation Chairman Former
Premark Inc Former
Autoliv, Inc. Chairman Former
FMC Technologies, Inc. Director Former
Union Carbide Corporation Director Former
Illinois Tool Works, Inc. Director Former
Illinois Tool Works, Inc. vice chairman Former
The State University of New York M.B.A. Degree In Finance Former
The State University of New York Bachelor of Science Degree In Business Administration Former

Organization Position Status
Corn Products International, Inc. Board of Directors Current
The Dial Corporation executive vice president Former
Lee Hecht Harrison, Inc. Leadership Development Consultant Former
Corporate Governance member Former

Organization Position Status
Corn Products International, Inc. Board of Directors Current
Pfs, Inc. Former

Paul Hanrahan, 51 years old, has been the President, CEO and a member of our Board of Directors since 2002. Prior to assuming his current position, Mr. Hanrahan was the Executive Vice President and COO. In this role, he was responsible for managing all aspects of business development activities and the operation of multiple electric utilities and generation facilities in Europe, Asia and Latin America. Mr. Hanrahan was previously the President and CEO of the AES China Generating Company, Ltd., a public company formerly listed on NASDAQ. Mr. Hanrahan also has managed other AES businesses in the United States, Europe and Asia. In March 2006, he was elected to the board of directors of Corn Products International, Inc. Prior to joining AES, Mr. Hanrahan served as a line officer on the U.S. fast attack nuclear submarine, USS Parche (SSN-683). Mr. Hanrahan is a graduate of Harvard Business School and the U.S. Naval Academy.

Organization Position Status
The AES Corporation President, CEO and Director Current
AES Cayuga, LLC President Current
Corn Products International, Inc. Board of Directors Current
The AES Corporation Director Current
The AES Corporation Chief Operating Officer Former
The AES Corporation Executive Vice President Former
Aeschina Executive Vice President Former
Aeschina Executive Officer Former
United States Naval Academy Former
United States Naval Academy Graduate Former

Organization Position Status
The Executives' Club Chairman, President & Chief Executive Officer, Corn Products International, Inc. Current
Miller & Chevalier Current
SSA Global Technologies, Inc. Current
SI International, Inc. Current
Abbott Laboratories Board of Directors Current
The Executives' Club Director Current
Northwestern Memorial HealthCare Director Current
The Executives' Club of Chicago Director Current
Chicago Council Director Current
Motorola, Inc. Director Current
Corn Products International, Inc. Director Current
Motorola, Inc. Chairman, President and Chief Executive Officer, Corn Products International Former
Corn Products International, Inc. Chief Executive Officer Former
Best Foods president Former
Corn Products International, Inc. President Former
Corn Products International, Inc. Chairman Former
Fairleigh Dickinson University MBA Former
Fairleigh Dickinson University B.S. Degree In Engineering Former

Executive News

  • Corn Products International to Webcast Presentation at Barclays Capital Back-to-School Consumer Conference on September 10

    TradingMarkets - 9/01/09 - View Story

  • Corn Products International to Webcast Presentation at Barclays Capital Back-to-School Consumer...

    Forbes.com - 9/01/09 - View Story

  • Corn Products International to Webcast Presentation at Barclays

    Business Wire via MSN Money - 9/01/09 - View Story

  • Corn Products International to Webcast Presentation at Barclays Capital Back-to-School Consumer Conference on September 10

    Stockwatch - 9/01/09 - View Story

  • Corn Products International to Webcast Presentation at Barclays Capital Back-to-School Consumer Conference on September 10

    Street Insider - 9/01/09 - View Story

  • Corn Products International to Webcast Presentation at Barclays Capital Back-to-School Consumer Conference on September 10

    Business Wire - 9/01/09 - View Story

  • Corn Products International Updates NAFTA Proceedings

    Forbes.com - 8/19/09 - View Story

  • Corn Products International Updates NAFTA Proceedings

    Business Wire - 8/19/09 - View Story

  • 1. AES Reports Second Quarter Results and Increases Full Year Earnings...

    AllBusiness Champions of Small Business - 8/09/09 - View Story

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     CPO $28.59 +0.38 (1.35% )
Average Volume 498,340
Shares Outstanding 74.85M
Market Cap 2.1B
Year High 32.37
Year Low 17.8
Earnings Per Share 0.41
P/E Ratio 69.73
Dividend 0.56
Yield 1.96
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