Fresh Del Monte has appointed business consultant Dr. Elias Hebeka as director ahead of a possible election to the company’s board.
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The company said it would put Dr. Hebeka, a consultant to, among others, The World Bank up for election to its board of directors next year.
His previous roles include president of Revlon’s worldwide operations and professor at the University of Cairo.
Fresh Del Monte chairman and CEO Mohammad Abu-Ghazaleh said: “Dr. Hebeka brings to Fresh Del Monte a wealth of academia and business experience. He has a tremendous amount of international business knowledge and his extensive familiarity and insight into emerging markets will be of great value to Fresh Del Monte in achieving its global growth strategy.”
In October, Fresh Del Monte posted a profit for the third quarter of the year on the back of rising banana sales.
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By GlobalDataThe company, which booked losses of US$83.2m in the third quarter of 2006, recorded earnings of $25.9m this year. Profits came amid rising sales, which rose 3.8% to $757.1m.
