SUGAR LAND, Texas--(BUSINESS WIRE)--Nov. 1, 2007--Imperial Sugar Company (NASAQ:IPSU) announced today that Robert A. Peiser, its president and ceo since April 2002, will reduce his involvement with the Company effective January 29, 2008, the date of the Company's annual meeting. At that time, he will assume the position of Vice Chairman through January 2009 and will assist in strategic projects as well as with industry and governmental affairs. Imperial further announced that its Board of Directors has appointed John C. Sheptor, currently its executive vice president and chief operating officer, to the positions of president and ceo also effective January 29, 2008.

Mr. Sheptor, 49, joined Imperial in his current role in February of this year as part of a plan of succession and has been responsible for all operations, logistics, sales, marketing, customer service and commodities management areas that support Imperial's evolving go-to-market strategies. Prior to joining Imperial, Mr. Sheptor held the position of Project Director from 2005 to 2007 for the Supply Chain Management System initiative funded under President Bush's Emergency Plan for HIV/AIDS Relief in Washington, DC. Previously, he was Executive Vice President of Merisant Worldwide, Inc., the distributor of Equal(R) from 2001 to 2004, where he led all global operations, including manufacturing, R&D and Information Technologies. Prior to that position, he held general management, supply chain and manufacturing positions for Monsanto Company with a substantial international focus.

Mr. Peiser, 59, joined Imperial in early 2002 and was the architect of its subsequent financial restructuring, its continued balance sheet improvements, the development of an innovative approach to packaging in the consumer and foodservice market and improved operational performance as well as certain business development efforts.