MGP Hires Firm to Assist With CEO Search

ATCHISON, Kan., April 7, 2014 (GLOBE NEWSWIRE) -- MGP today announced that it has hired Heidrick & Struggles, Inc., an executive search firm based in Chicago, to assist the company with the recruitment of a new chief executive officer. MGP added that Heidrick & Struggles would work closely with a search committee established by the company's Board of Directors.

"We are very excited to move forward with this key step in the process of finding the right CEO to lead our company," said MGP Board Chairman Cloud L. "Bud" Cray. "The board has great confidence in the capabilities of Heidrick & Struggles and is pleased to have been able to engage this highly regarded firm to assist us." 

Currently, Randy Schrick and Don Tracy are filling the roles of interim co-CEO's. Schrick serves as vice president of engineering at the company, and Tracy is vice president of finance and chief financial officer.

About MGP

MGP is a leading independent supplier of premium spirits, offering flavor innovations and custom distillery blends to the beverage alcohol industry. The company also produces high quality food grade industrial alcohol and formulates grain-based starches and proteins into nutritional and highly functional ingredients for the branded consumer packaged goods industry. The company is headquartered in Atchison, Kansas, where a variety of distilled alcohol products and food ingredients are manufactured. Distilled spirits are also produced at company facilities in Lawrenceburg, Indiana. For more information, visit mgpingredients.com.

CONTACT: Shanae Randolph, 913.367.1480
         shanae.randolph@mgpingredients.com

Released April 7, 2014