ATCHISON, KAS. — Tom Pigott will join MGP Ingredients, Inc. as vice-president of finance and chief financial officer, effective Sept. 14. He succeeds Don Tracy, who stepped down in June. Mr. Pigott has driven growth at consumer products companies for more than 25 years, according to MGP Ingredients.
“We believe Tom’s broad experience in the consumer products sector and his significant finance, strategic planning and business analytic skills will make him a great addition to our company,” said Gus Griffin, president and chief executive officer of MGPI. “Tom’s expertise will help lead our business forward and drive shareholder value."
|Tom Pigott, new v.p. of finance and c.f.o. of MGP Ingredients.|
Mr. Pigott most recently was vice-president of finance for the Meal Solutions Division of Kraft Foods Group, and from 2010 to 2012 he was vice-president of finance for the Nestle Pizza Division. Between 1994 and 2009, he held a succession of c.f.o. and other financial leadership positions across a number of Kraft operating divisions. His experience spans financial planning, analysis, audit and investor relations functions.
“I am delighted to have this opportunity to join MGP and contribute to the future success of the company as we implement our five-year strategic plan,” Mr. Pigott said. “With a strong leadership team already in place, MGP is positioned to capitalize on unique opportunities in the distillery and consumer products sectors. I look forward to being a part of that success.”Mr. Pigott has a bachelor’s degree in business administration from the University of Notre Dame and a master of business administration degree in finance and marketing from the Kellogg School of Management at Northwestern University. He is also a registered certified public accountant.