Corn Products International, Inc. Elects Guenther E. Greiner, Ronald M. Gross to Board Of Directors.BEDFORD PARK, Ill.--(BUSINESS WIRE)--July 22, 1998--Corn Products International, Inc. (NYSE NYSE See: New York Stock Exchange :CPO (Chief Privacy Officer) An individual who manages the privacy issues within an organization. Arising out of the privacy regulations in finance and health care in the late 1990s, the CPO position eventually crossed over to all industries. ) elected two new members to its board of directors today. Guenther E. Greiner, president of International Corporate Consultancy LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and Ronald M. Gross, chairman and chief executive officer of Rayonier Inc., were selected to join the Corn Products International, Inc. board bringing the number of directors to 11. Greiner, 59, has more than 33 years of experience in international banking and finance. He founded International Corporate Consultancy, a global financial consulting firm located in New York, N.Y., upon his retirement from Citicorp/Citibank, N.A., in April 1998. Greiner joined Citibank Germany in 1965 and was appointed vice president in 1974. After successive assignments with Citicorp/Citibank in Europe, North America, Africa and the Middle East, Greiner became executive vice president of the company's World Corporate Group in 1989 and senior group executive and executive vice presidentof Citicorp/Citibank's Global Relationship Bank in 1995. Gross, 64, is chairman and chief executive officer of Rayonier Inc., a global supplier of specialty pulps, timber and wood products located in Stamford, Conn. Gross was named to his present position in 1994 when the company separated from ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) Rayonier to become an independent, public company. Gross previously served as president, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and director of ITT Rayonier from 1978 to 1981. He became chief executive officer in 1981 and served as chairman of the company from 1984 until 1994. About Corn Products International, Inc: Corn Products International, Inc., headquartered in Bedford Park, Ill., produces high-quality food ingredients and industrial products derived from the wet milling of corn and other starch-based materials. With international operations spanning 21 countries and 38 plants, Corn Products is one of the largest corn refiners in the world and the leading refiner in Latin America. In addition, the company is the world's leading producer of dextrose dextrose: see glucose. and has strong regional leadership in corn starch. Corn Products, which began operation as an independent company in 1998, has sales of $1.5 billion. Corn Products International, Inc. stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol CPO.
CONTACT: Corn Products International, Bedford Park
Lori Samuels, 708/563-2400
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