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Ilene Gordon

Ingredion CEO is latest Chicago-area female CEO to leave post

Ingredion CEO is latest Chicago-area female CEO to leave post

Ingredion CEO Ilene Gordon will retire from the company next year, further thinning the ranks of top female executives of large corporations in the Chicago area.

Gordon will conclude an eight-plus-year run in which she realigned the Westchester-based global ingredients company with changing consumer tastes and positioned it for growth. When Gordon joined the company, shares sold for about $25. On Monday, they closed at $125.59, up 75 cents from Friday.

As with CEO Irene Rosenfeld of Deerfield-based Mondelez International, who announced her own retirement last month, Gordon will be replaced by a man. Jim Zallie, 56, currently executive vice president of global specialties and...

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