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Pilgrim's Pride Replaces CEO Indicted on Price Fixing

CFO Fabio Sandri's move to CEO was made permanent this week

November 30, 2020

Pilgrim’s Pride has replaced its CEO as he prepares to face price fixing charges, reports The Times.

The company announced in June that its chief executive, Jayson Penn, was taking a leave of absence to focus on his defense after he was indicted.

The company named Chief Financial Officer Fabio Sandri to lead the company in the interim.

Sandri's move to CEO was made permanent this week and Pilgrim’s Pride said in a regulatory filing with the U.S. Securities and Exchange Commission that Penn is no longer with the company.

Ot Network Illustration

5 ways to secure grain elevator OT networks

Practical vehicle biosecurity systems at feed mills [Podcast]

Animal Feed Manufacturing

US cattle on feed increases slightly

Report shows a notable 12% drop in new placements and a 14% decrease in cattle marketings compared to the previous year

Cows Beef Fence Feed Pixabay

Brand Insights

Setting the Agricultural Industry in Motion

SEW-EURODRIVE, Inc.

Learn about the more commonly used drive solutions from SEW-EURODRIVE for the agriculture industry that help keep the most demanding processes up and running without missing a beat. Brand Insights from SEW-EURODRIVE.

Setting the Agricultural Industry in Motion

Animal Feed Manufacturing

2024 Poultry Nutrition & Feed Survey: Optimism despite volatility

Respondents point to increased profitability as raw material costs and supplies stabilize in this edition of the annual survey.

Feed Pellets Scoop Bag

Animal Feed Manufacturers

ADM Animal Nutrition expands feed recall

ADM Animal Nutrition is expanding the recall announced on March 30 to include additional products due to elevated levels of magnesium, sodium, calcium and/or phosphorus.

Recall Stamp Black

Animal Feed Manufacturing

Formaldehyde: An essential component in animal feed manufacturing

For over four decades, formaldehyde has been essential in animal feed production, valued for its ability to control pathogens such as salmonella and E. coli.

Pellet Animal Feed

Animal Feed Manufacturing

Veterinary group names virus affecting dairy cattle

The American Association of Bovine Practitioners says it believes the disease should not be referenced as highly pathogenic avian influenza in cattle or bird flu in cattle because of the differences in how it affects birds and cattle.

Cattle Veterinarian

Animal Feed Manufacturing

Bioflytech begins black soldier fly flour, fat production

New facility in Galicia, Spain, will produce ingredients for animal feed and pet food.

Black Soldier Fly Larva

Animal Feed Manufacturing

US pork industry concerned but not frantic about H5N1

National Pork Producers Council thinks the spread of the virus from birds to mammal species is not a huge threat 'by any stretch of the imagination.'

Two Piglets Drinking

Animal Feed Manufacturing

Cornell scientists sequencing HPAI virus to learn more

Virology experts from Cornell University are sequencing the highly pathogenic avian influenza (HPAI) virus that has affected dairy cattle in several states to better understand why the virus jumped to cows and how to prevent future outbreaks.

Microscope In Lab

Animal Feed Manufacturing

IFFO study sees promise in algae, single-cell proteins

Novel ingredients could play a key role in the growth of aquaculture, IFFO technical director says, but some aren't keeping pace with the industry's need for scale.

Animal Feed Manufacturing

Alltech: Global feed production down slightly in 2023

2024 Agri-Food Outlook says lower demand is attributed in part to more efficient use of feed; poultry feed shows most significant growth.

Animal Feed Manufacturing

Human contracts H5N1 after working with infected dairy cows

The Texas Department of State Health Services has reported the first human case of avian influenza (H5N1) in a patient who became ill after contact with dairy cows presumed to be infected with avian influenza.

Dairy Cattle Cows Worker

Animal Feed Manufacturers

ADM Animal Nutrition recalls certain feed products

Specific lots of Select Pen Pals Chicken Feed, MoorMan’s ShowTec Swine Feed, AMPT Cattle Feed and Seniorglo Horse Feed Products may contain elevated levels of calcium, phosphorus, magnesium, sodium and/or chloride and may harm animals.

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