0000916540-23-000022.txt : 20230511 0000916540-23-000022.hdr.sgml : 20230511 20230511081202 ACCESSION NUMBER: 0000916540-23-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20230510 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230511 DATE AS OF CHANGE: 20230511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DARLING INGREDIENTS INC. CENTRAL INDEX KEY: 0000916540 STANDARD INDUSTRIAL CLASSIFICATION: FATS & OILS [2070] IRS NUMBER: 362495346 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13323 FILM NUMBER: 23908959 BUSINESS ADDRESS: STREET 1: 5601 N MACARTHUR BLVD CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9727170300 MAIL ADDRESS: STREET 1: 5601 N MACARTHUR BLVD CITY: IRVING STATE: TX ZIP: 75038 FORMER COMPANY: FORMER CONFORMED NAME: DARLING INTERNATIONAL INC DATE OF NAME CHANGE: 19931223 8-K 1 dar-20230510.htm 8-K dar-20230510
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
      
FORM 8-K
       
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported)
May 10, 2023
DARLING INGREDIENTS INC.
(Exact Name of Registrant as Specified in Charter)
 
Delaware001-1332336-2495346
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
            5601 N. MacArthur Blvd., Irving, Texas 75038                    
                (Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (972) 717-0300                

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock $0.01 par value per shareDARNew York Stock Exchange(“NYSE”)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

1


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 10, 2023, Rick A. Elrod, the Executive Vice President, U.S. Rendering Operations of Darling Ingredients Inc. (the “Company”), and a named executive officer in the Company’s Proxy Statement dated March 23, 2023, informed the Company of his intention to retire in April 2024. A copy of the press release announcing Mr. Elrod’s retirement and the Company’s succession planning related thereto, is filed as Exhibit 99.1.

Item 9.01.     Financial Statements and Exhibits. 

(d)           Exhibits.
99.1 
104 Cover Page Interactive Data File (embedded within Inline XBRL document)
2


SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

  
 
 DARLING INGREDIENTS INC. 
    
Date:  May 11, 2023By:/s/ John F. Sterling 
  John F. Sterling 
  Executive Vice President,
General Counsel
 

3
EX-99.1 2 exh991-pressrelease05102023.htm EX-99.1 PRESS RELEASE Document

EXHIBIT 99.1     
darlingingredientslogoa.jpg
FOR IMMEDIATE RELEASE
May 10, 2023

Darling Ingredients Announces Executive Management Team Changes

Matt Jansen named Chief Operating Officer, North America
Rick Elrod announces retirement, effective April 2024
Brandon Lairmore to succeed Elrod

IRVING, Texas, Darling Ingredients Inc. (NYSE: DAR), today announced changes to its executive management team.

Matt Jansen has been named as Chief Operating Officer, North America. Jansen joins Darling Ingredients from StepStone Group Inc., where he served as Senior Managing Director. Jansen brings more than 30 years of executive management experience in the global agri/food industry to Darling Ingredients. His prior roles include Chief Executive Officer of Saudi Arabia Agriculture and Livestock Investment Company and Chief Executive Officer of COFCO International, the overseas agriculture business platform for COFCO Corporation, China’s largest food and agriculture company. Jansen also served in a number of executive roles at ADM including Chief Risk Officer and Senior Vice President; President of ADM Global Oilseeds; President ADM Grain Group; and President ADM Brazil.

“Matt brings a breadth of experience to Darling Ingredients that will be extremely valuable in leading our U.S. and Canada rendering operations as well as our renewables and specialty businesses, ensuring we deliver on the company’s great potential,” said Randall C. Stuewe, Chairman and Chief Executive Officer.

Rick Elrod, Executive Vice President, U.S. Rendering Operations, has informed the company of his intention to retire in April 2024, after 30 years of service.

“On behalf of the Board of Directors, the management team and Darling’s 15,000 employees, I want to thank Rick for his three decades of contributions not only to Darling Ingredients, but the entire rendering industry,” Stuewe said. “Rick has guided this company through significant transformation and growth. He has been instrumental in developing our U.S. rendering operations to the diverse business it is today. We are grateful for his dedication and wish him the best in retirement.”

Brandon Lairmore, currently Senior Vice President, North Central Region, will succeed Elrod.
Lairmore joined Darling Ingredients in 2016 as the Regional Vice President for the North Central Region after nearly 20 years in the agriculture and meat processing industry, having held numerous operational leadership roles at Pilgrim’s and Tyson Foods. He was promoted to Senior Vice President for the North Central Region in 2018.

“Brandon’s extensive experience and leadership in the industry has been invaluable to our growth and success. I am confident his commitment and leadership will help drive continued success in our U.S. rendering operations,” Stuewe said. “Over the next year, Rick will continue to lead our U.S. rendering operations as we further integrate our recently acquired business, and transition leadership over to Brandon.”

Stuewe added, “These changes are an important part of our internal succession plan. I am proud to have such a talented and experienced team of leaders that will ensure the success and growth of our company in the years to come.”



















About Darling Ingredients
Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning edible by-products and food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates more than 260 facilities in over 15 countries and repurposes approximately 15% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals, and pet food ingredients. To learn more, visit darlingii.com. Follow us on LinkedIn.

# # #



Darling Ingredients Contacts
Investors: Suann Guthrie
Senior VP, Investor Relations, Sustainability & Communications
(469) 214-8202; suann.guthrie@darlingii.com

Media: Jillian Fleming
Director, Global Communications
(972) 541-7115; jillian.fleming@darlingii.com

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Cover Page
May 10, 2023
Cover [Abstract]  
Entity Emerging Growth Company false
Title of 12(b) Security Common stock $0.01 par value per share
Entity Central Index Key 0000916540
Pre-commencement Issuer Tender Offer false
Pre-commencement Tender Offer false
Soliciting Material false
Written Communications false
Entity Incorporation, State or Country Code DE
Entity Registrant Name DARLING INGREDIENTS INC.
Document Period End Date May 10, 2023
Document Type 8-K
Entity File Number 001-13323
Entity Tax Identification Number 36-2495346
Amendment Flag false
Trading Symbol DAR
Security Exchange Name NYSE
Entity Address, Address Line One 5601 N. MacArthur Blvd.
Entity Address, City or Town Irving
Entity Address, State or Province TX
Entity Address, Postal Zip Code 75038
City Area Code 972
Local Phone Number 717-0300
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