---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-035386"
form_type: "8-K"
ticker: "MGPI"
cik: "0000835011"
company_name: "MGP INGREDIENTS INC"
filed_at: "2025-07-21T23:59:59+00:00"
generated_at: "2026-05-18T05:28:29.366347+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MGP Ingredients appoints Julie Francis as CEO; reaffirms FY2025 guidance

## Summary
- Julie Francis named President and CEO effective July 21, 2025; previously COO at Schwan's Company.
- Brandon Gall steps down as interim CEO but remains CFO.
- Francis receives $900k base salary, STI target 100% of base, LTI target $2.3M, plus $100k cash sign-on and $1.5M stock options.
- Company reaffirms full-year 2025 sales, adjusted EBITDA, and adjusted EPS guidance issued May 1, 2025.
- Francis expected to join the Board at the 2026 Annual Meeting of Stockholders.

## SEC filing metadata
- accession: 0001628280-25-035386
- form_type: 8-K
- ticker: MGPI
- cik: 0000835011
- company_name: MGP INGREDIENTS INC
- filed_at: 2025-07-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835011/000162828025035386/0001628280-25-035386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835011/000162828025035386/mgpi-20250718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-035386
- JSON: https://secwatch.observer/filing/0001628280-25-035386.json
- Plain text: https://secwatch.observer/filing/0001628280-25-035386.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.