Jan 16 2012 --- Ralcorp Holdings, Inc. recently announced the composition of the Boards of Directors of Ralcorp Holdings, Inc. and of Post Holdings, Inc., following the planned separation of the Post cereal business from Ralcorp.

Once the separation is complete, the following individuals will serve on the Boards of Directors of Ralcorp and Post:

"We are very excited to have such an experienced and talented group of individuals to lead Ralcorp and Post as each company moves forward independently," said William P. Stiritz, Chairman of the Ralcorp Board of Directors.  "These directors have proven track records of success, and we are confident that their leadership and expertise, along with the commitment and passion they share for the businesses, will result in significant value for our shareholders."

"As Ralcorp and Post move forward with the separation, the composition of these boards represents a significant milestone in becoming independent companies," said J. Patrick Mulcahy, Ralcorp's Vice Chairman.  "We thank our current and departing directors for their many years of service to Ralcorp and we welcome the new directors."

Each of the directors has been appointed to take such position effective immediately upon completion of the spin-off, which is expected to occur around the end of January 2012.