MGP Ingredients Names Matias Bentel as CMO and Chris Wiseman as Senior VP of Operations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2025
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Source: Newsfilter
Leadership Appointments: MGP Ingredients, Inc. has appointed Matias Bentel as chief marketing officer and Chris Wiseman as senior vice president of operations, both joining the executive leadership team under CEO Julie Francis.
Matias Bentel's Background: Bentel brings extensive marketing experience from his previous roles at Brown-Forman, Diageo, and Allied Domecq, and will oversee all marketing initiatives at MGP.
Chris Wiseman's Expertise: Wiseman, with nearly 20 years in manufacturing and supply chain, previously served as vice president of manufacturing at Schwan's Company and will manage all operational aspects at MGP.
Company Overview: MGP Ingredients has been a key player in the spirits and specialty ingredient industries since 1941, known for its premium brands and diverse product offerings across various segments.
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Analyst Views on MGPI
Wall Street analysts forecast MGPI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGPI is 34.75 USD with a low forecast of 24.00 USD and a high forecast of 45.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 24.440
Low
24.00
Averages
34.75
High
45.00
Current: 24.440
Low
24.00
Averages
34.75
High
45.00
About MGPI
MGP Ingredients, Inc. is a producer of branded and distilled spirits, as well as food ingredient solutions. Its offerings include bourbon and rye whiskeys, gins, and vodkas. It operates through three segments: Distilling Solutions, Branded Spirits, and Ingredient Solutions. Its Distilling Solutions Segment processes corn and other grains (including rye, barley, wheat, barley malt, and milo) into food-grade alcohol and distillery co-products, such as distillers feed, which are produced at its distilleries in Lawrenceburg, Indiana, and Bardstown, Kentucky. Branded Spirits segment consists of a portfolio of brands, which it produces through its distilleries and bottling facilities and sells to distributors or to state governments that directly control the sale of alcohol. Its Ingredient Solutions segment consists of specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat protein products which are sold to customers pursuant to purchase orders.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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