Ralcorp Holdings: Vice-Chairman to Retire From Board

St. Louis / MO. (rh) Ralcorp Holdings Inc. announced that Joe Micheletto will be retiring as vice-chairman of its board of directors, effective January 20, 2010; ending a 46-year career with the company and its predecessor. Micheletto joined Ralston Purina Company in 1963, where he held a number of positions of increasing responsibility including vice president and controller from 1985 until 1994. He served as Ralcorp´s co-chief executive officer and chief financial officer upon the company’s spin-off from Ralston Purina in 1994. In 1996, he became chief executive officer and president and served in that role until September 2003. Micheletto has been a director of Ralcorp since January 1994.

«Joe has played a pivotal role in the company´s evolution, and he has served as a mentor to many of us», said Kevin J. Hunt, Ralcorp´s co-chief executive officer and president. «His insight, judgment and dedication have been invaluable to the company, its board of directors and its employees. We have a deep appreciation for his many and varied contributions».

«With Joe´s leadership, Ralcorp has experienced dramatic growth and tremendous success», said David P. Skarie, the company´s co-chief executive officer and president. «We are deeply indebted to Joe for his many years of leadership and service, and we wish him the very best in his retirement».