Darling Ingredients announces CFO succession plan
John O. Muse will retire in March 2017 and will be succeeded by Patrick C. Lynch
Darling Ingredients has announced a succession plan for its chief financial officer.
Executive Vice President and Chief Financial Officer (CFO) John O. Muse will retire as CFO in early March 2017. He will be succeeded by Patrick C. Lynch. Effective January 15, 2017 Lynch will become executive vice president and chief administrative officer, reporting to Muse. After the company files its Form 10-K for fiscal year 2016, Lynch will take over as CFO.
“We are pleased to add Patrick to our management team to succeed John,” said Darling Ingredients chairman and CEO Randall Stuewe. “Patrick is a seasoned and successful public company CFO with an outstanding skill set who will fit well into the Darling culture. Patrick’s hiring at this time will allow ample time for a smooth succession at the chief financial officer position.”
Lynch has served as the CFO of Interface Inc., the world’s largest manufacturer of modular carpet and pioneer of sustainable business practices, since 2001, and has been a senior vice president since 2007. Prior to 2001, he served in various financial leadership positions at Interface since joining the company in 1996, including assistant vice president and corporate controller. From 1992 to 1996, Lynch was a senior accountant with BDO Seidman L.L.P., a national accounting firm delivering assurance, tax, financial advisory, and consulting services to private and publicly traded businesses.