CEO of Sadia Departs

by 5m Editor
8 September 2009, at 7:31am

BRAZIL - Meat processor Sadia is reported to have fired its CEO.

Meatingplace reports a Dow Jones news item that Gilberto Tomazoni, who had worked for Sadia for 27 years, will be replaced by Julio Cadoso de Lucena. The company did not explain the reason for Mr Tomazoni's departure, the report said.

Sadia currently is working to integrate with Perdigao S.A. in a merger that formed Brasil Foods S.A.