Approves Quarterly Dividend
ATLANTA, April 24, 2014 -- The Board of Directors of The
Waller, a highly respected global leader of the Finance Division, most recently served as Vice President, Finance and Controller. She joined the Company in 1987 as a Senior Accountant in the Accounting Research Department and assumed roles of increasing responsibility including Principal Accountant for the Northeast Europe/Africa Group, Marketing Controller for the McDonald's Group, Vice President, Chief of Internal Audit and Vice President, Controller.
In addition to her role in Finance, Waller also leads The
Prior to joining The
The Board today also elected Larry M. Mark, Mark Randazza, Dr. Wamwari Waichungo, Ronald J. Lewis and Jos Wellekens as Vice Presidents of the Company, effective immediately.
Larry M. Mark, 52, was named Vice President, Controller, replacing Kathy Waller in the role. In this position, Mark is responsible for the Controller’s Group, overseeing global accounting, tax reporting and analytics.
Mark joined the Company in 1991 in the Corporate Audit Department and has since served in roles of increasing responsibility including Director of Investor Relations, Vice President of Finance, North America Foodservice Division; CFO, Europe Group; CFO,
Prior to joining
Mark Randazza, 48, was named Vice President, Assistant Controller. Randazza also serves as the Chief Accounting Officer of the Company and is responsible for regulatory compliance of global accounting standards and internal and external reporting.
Randazza began his career with The
He received his bachelor’s degree in Accounting from Florida State University, his MBA degree from the University of Central Florida and is a Certified Public Accountant.
Dr. Wamwari Waichungo, 45, serves as Vice President, Scientific and Regulatory Affairs (SRA). In this role, she leads Company efforts to develop and implement a globally aligned scientific strategy that promotes the safety and benefits of
Dr. Waichungo joined the Company in 2000 and has held various positions including Director, Strategy and Business Planning Director for the North and West Africa Business Unit, and Director, Strategy, Planning and Insights for the South Africa Business Unit.
Prior to joining The
Ronald J. Lewis, 47, currently holds the position of Vice President, Procurement and Chief Procurement Officer of The
Prior to his current role, Lewis held the position of Senior Vice President for
Lewis received a Bachelor of Science in Chemical Engineering from Montana State University and a Master of Business Administration from the Kellogg Graduate School of Management at Northwestern University.
Jos Wellekens, 51, serves as Vice President, Chief Quality, Safety and Sustainable Operations Officer. In his role, Wellekens develops policy and governance for the Quality, Safety and Environment spaces. Prior to his current role, he served as Director of Quality Assurance, Scientific and Regulatory Affairs and Technical Services for the Europe Group.
Wellekens joined The
Wellekens holds a Master of Science degree in Electromechanical Engineering from the University of Ghent in Belgium and a postgraduate degree in Quality Management from the Centre for Quality in Kortrijk, Belgium.
The Board today also declared a regular quarterly dividend of 30.5 cents per common share. The dividend is payable July 1, 2014, to shareowners of record as of June 16, 2014.
The Board earlier this year approved the Company's 52nd consecutive annual dividend increase, raising the quarterly dividend 9 percent from 28 cents to 30.5 cents per share. This is equivalent to an annual dividend of $1.22 per share, up from $1.12 per share in 2013. The increase reflects the Board's confidence in the Company's long-term cash flow.
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