Pilgrim's Pride had previously pleaded guilty to the charges and was fined.
The Activia maker said the move was part of changes to how the company is governed, which has already seen the chairman and CEO roles no longer held by one person.
CEO Mark Schneider had previously said with respect to organic growth: “We are seeing an opportunity to potentially cross over the 4% mark."
The US snacks major has upped its forecasts for its sales growth in 2021, pointing in part to a stronger-than-expected rebound in foodservice and in overseas markets.
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The Luise family will retain a minority holding in Fabian.
Trading in the shares of the US-based fruit-and-vegetable supplier is due to start today (30 July).
Nestlé said the investment at its site in Wisconsin will create 100 jobs.
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