New CEO for Pilgrim’s Pride

Pilgrim’s Pride Corp announced that Chief Financial Officer Fabio Sandri would lead the company as CEO, replacing the outgoing Jayson Penn.
calendar icon 24 September 2020
clock icon 3 minute read

Pilgrim's Pride's board of directors in June appointed Sandri as interim president and CEO of the company, which is mostly owned by Brazilian meat packer JBS SA.

The charges against Penn and three others in the industry are the first in a criminal probe of price-fixing and bid-rigging involving broiler birds, which account for most chicken meat sold in the United States. The companies have denied the allegations.

Sandri, 49, has been the CFO since June 2011, before which he held top roles in Brazilian firms Estacio Participações and Imbra SA among others.

Pilgrim's Pride said it has initiated a search to identify a new CFO.

Read more about this story here.

Pilgrim's Pride's board of directors in June appointed Sandri as interim president and CEO of the company, which is mostly owned by Brazilian meat packer JBS SA.

The charges against Penn and three others in the industry are the first in a criminal probe of price-fixing and bid-rigging involving broiler birds, which account for most chicken meat sold in the United States. The companies have denied the allegations.

Sandri, 49, has been the CFO since June 2011, before which he held top roles in Brazilian firms Estacio Participações and Imbra SA among others.

Pilgrim's Pride said it has initiated a search to identify a new CFO.

Read more about this story here.

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