Ralcorp Holdings: expands its Board of Directors

St. Louis / MO. (rh) Ralcorp Holdings Inc. is pleased to announce that Prof. Dr. Benjamin Akande and Jonathan E. Baum have been appointed to serve on the company´s board of directors. Akande is a professor of economics and Dean of the George Herbert Walker School of Business and Technology at Webster University in St. Louis, Missouri; a position he has held since June 2000. He is also chief of the university´s Office of Corporate Partnership. As the chief academic officer of the 13’000-student international business school, Dr. Akande leads a faculty of 1’500, which spans campuses in the U.S., Europe and Asia. He has been a scholar of economics, global business, and leadership for 25 years and has held numerous academic positions at several universities in the United States. Dr. Akande has consulted for leading Fortune 500 companies in the areas of strategy, operations, ethics, corporate responsibility, leadership development, and market positioning. He is a former consultant to the World Bank and the United Nations Development Program. Jonathan E. Baum has served as chief executive officer and chairman of George K. Baum + Company, an investment banking firm, since 1994. Prior to his current position, Baum was vice president, mergers and acquisitions at Salomon Brothers Inc., where he worked for eight years. He has over 25 years of business and finance experience, with a focus on mergers, acquisitions and financing. Baum was a director at American Italian Pasta Company from 1994 until July 2010.

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