Pilgrim’s Pride Corporation announced that it has appointed Fabio Sandri as chief financial officer of the company, effective immediately.
Mr. Sandri succeeds Gary D. Tucker, 62, who has announced his retirement after eight years with the company, most recently as principal financial officer and chief accounting officer.
Mr. Sandri, 39, previously served as chief financial officer of Estacio Participacoes, the largest private post-secondary educational institution in Brazil, a post he had held since April 2010.
“Gary Tucker has played an important role in Pilgrim’s successful financial restructuring and subsequent integration with JBS USA. With that integration now largely complete, we both agreed that this is the right time for a transition. We deeply appreciate his many contributions to our company over the past eight years. His leadership and guidance will be missed by all who have worked with him,” said Bill Lovette, president and chief executive officer. “At the same time, we are fortunate to welcome Mr Sandri to the Pilgrim’s management team. We believe his significant experience in strategic planning and financial management will serve our company and our shareholders well.”
Mr. Sandri will began work on Monday, June 6, and will be relocating to northern Colorado from Brazil later this year.