People: Penford Corp (PENX.O)
7 Mar 2014
Mr. R. Randolph Devening is Independent Director of Penford Corporation since August 2003. Until his retirement in 2001, Mr. Devening served for seven years as Chairman, President and Chief Executive Officer and as President and Chief Executive Officer of Foodbrands America, Inc., a company that produces, markets and distributes branded and processed food products for the food service and retail markets. Prior to that, he served as Vice Chairman, Chief Financial Officer and director from 1993 to 1994, and Executive Vice President, Chief Financial Officer and director from 1989 to 1993 for Fleming Companies, Inc., a wholesale food distributor. Mr. Devening holds an undergraduate degree in International Relations from Stanford University and an MBA in Finance and Marketing from Harvard University Graduate School of Business. Mr. Devening also serves as a director of Safety-Kleen, Inc. and Banctec, Inc., and as an advisor to Hall Brothers Capital Partners. Mr. Devening previously served as a director of 7-Eleven, Inc. and Gold Kist Inc.
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