Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives

Pilgrim’s Pride Fires Indicted CEO

foodprocessing 2020-09-24
Share       

Pilgrim’s Pride has fired and replaced its embattled CEO, who is under federal indictment for allegedly fixing poultry prices.

Jayson Penn, who took a paid leave of absence from Pilgrim’s Pride after his indictment in June, was replaced by CFO Fabio Sandri, who had been serving as interim CEO. Penn is no longer with the company.

“I am humbled and excited to be seleced by the Board to lead Pilgrim’s in our next stage of growth and opportunity for our team members,” Sandri said in a statement. “I look forward to working alongside our strong team of professionals around the globe who are committed to realizing Pilgrim’s vision to be the best and most respected company in our industry.”

Indictments charged Penn, another Pilgrim’s Pride executive, and two executives from Claxton Poultry Farms with conspiring to fix prices on bids for broilers from 2012 to 2017. Pilgrim’s Pride is majority-owned by JBS USA.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

Recommended Products

food grade halal leaf gelatin sheet

food grade halal leaf gelatin sheet

Top

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121