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MGP Ingredients has announced a leadership reshuffle, with CFO Brandon Gall set to take on the role of interim president and CEO starting 1 January 2025.
Gall will succeed David Bratcher, who plans to step down from the board at the end of this year. While Bratcher will remain available in an advisory capacity to ensure a smooth transition, he intends to retire shortly thereafter.
Meanwhile, Donn Lux, a board member, will succeed Karen Seaberg as chairman, overseeing the search for a permanent CEO. That said, Seaberg will remain a member of the board.
Seaberg commented: “On behalf of the board of directors, I want to thank David for his dedication to MGP and we wish him the best in his future endeavours. I am delighted the board has appointed Brandon Gall as our interim president and CEO and welcome Donn Lux as the incoming chairman. Donn’s decades of branded spirits experience, vision, and leadership uniquely positions him to guide MGP toward becoming a premier branded spirits company.”
Lux stated: “I am honoured to step into the role of chairman of the board and deeply grateful for the trust and support of my fellow board members... We are fortunate to have Brandon’s knowledge and experience during this transition period. As we look ahead, I am excited to work alongside our talented Board and executive team to drive MGP into the next phase of growth and emerge even stronger as a leading player in the branded spirits industry.”
Gall added: “I am honoured to step into the role of interim president and CEO. I am committed to ensuring continuity and driving forward our strategic initiatives during this transitional period.”
Bratcher remarked: "It has been a privilege to serve as president and CEO of MGP after leading Luxco for many years... As I step away, I am confident that MGP is in excellent hands and will continue to thrive in the years to come."
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