MGPI CEO to retire

By | January 01, 2008
Ladd Seaberg announced he will step down as chief executive officer of MGP Ingredients Inc. on June 30. He will remain chairman of the board of directors after that date. He will be succeeded by Tim Newkirk, the company's current president and chief operating officer. Seaberg became chairman of MGPI's board in October. He has served as CEO since 1988.