The appointment of Walton comes as John Holliday, the current head of Rogers Sugar and Lantic, plans to retire.
Walton is currently chief operating officer of Lantic and president of its subsidiary, The Maple Treat Corp.
Holliday has led the company since 2015.
He will remain with Lantic as a strategic adviser to the CEO until April 29, 2022.
Roger Sugar is a holding company that owns Lantic.
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