Brazilian meat group JBS has decided to shake up its management team in the US, including a move to appoint a new chief executive at its Pilgrim’s Pride poultry arm.
Bill Lovette, president and COO of US poultry firm Case Foods, will become Pilgrim’s Pride president and CEO in the New Year.
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Don Jackson, the current president and CEO of Pilgrim’s Pride, will move to the company’s majority owner JBS USA, where he will become president and CEO.
Wesley Batista, who will remain chairman of Pilgrim’s Pride and JBS USA, plans to spend more time on expanding JBS’s global business.
Batista said: “I am certain Don and Bill will continue to drive our results and performance in our overall business while strengthening the depth of our management. My confidence is that by working together with their colleagues at JBS USA and Pilgrim’s, they will continue to improve our competitive position and market strength.”
At the end of October, Pilgrim’s Pride posted a 30% fall in third-quarter profits, although the company pointed to improving efficiency and cost control.
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By GlobalDataJoesley Batista, Wesley’s brother and JBS’s group president and CEO, said: “Congratulations to all our US team. We continue our commitment toward solid growth and value enhancement with a good corporate governance culture. The strength of our team in the US and elsewhere is what makes us a global reference company in our sector and, as demonstrated in the past, we will spare no effort in continuing to innovate and create value for all our stakeholders.”
