Randall Randy on energy transition
From Darling Ingredients Investor Day 2026 | Global Collagen Leader Eyes $2B+ Cash Flow By 2030 | May 11 · · Investing 101
“We entered the energy business. And what I mean by that is we now consume more fat than the Darling Global System produced. And that that was that was quite a learning curve for us as we went there. Now we had the biggest quarter in the history of the business in 23. We felt pretty smart. Here comes Gelenecks succession plan. Patriarch 84y old father of the founder you know developed dementia and the children didn't want anything to do with the business. Number one producer of boine grass-fed collagen in the world out of Brazil. Great position, great factories. really built in the last 10 years. And so we looked at each other and we said, 'Boy, you know, we we got we still got quite a bit of debt out of there from Valley and and Fozy. You think we can do it?' And and we said, 'Yeah, we think we can do it. We'll do it with all debt.'”
On , Randall Randy, Chairman & Chief Executive Officer at DARLING INGREDIENTS INC, spoke about energy transition during Darling Ingredients Investor Day 2026 | Global Collagen Leader Eyes $2B+ Cash Flow By 2030 | May 11 on Investing 101.
About Randall Randy
At Darling Ingredients’ 2026 Investor Day on May 11, Chairman and CEO Randall Randy discussed the company’s financial outlook and strategic priorities. He stated that he had expected to be debt-free by that time and noted a remark about paying a dividend to Jeff Gates, adding that Gates “will never forgive me for that one.” Randy described the company as “fundamentally poised for accelerated returns” and outlined plans to calculate, communicate, and “own the outcome” of returns at the lowest operational level. He also highlighted the company’s expansion into Brazil, saying, “The numbers are unbelievable down there. The amount of land, water, and people, they have it all there.” Randy emphasized that Darling Ingredients is focused on generating over $2 billion in cash flow by 2030, with over 80% of adjusted EBITDA in the food segment coming from collagen. He noted that the company’s contract management varies by region, with some contracts renewed every three to five years and others every three months, and that market conditions provide tailwinds. Randy concluded by referencing the company’s core values of “family and fun,” and mentioned a bet involving his daughter and a line about the “Pink Pony Club.”