Billionaire Brothers to Join Board of Brazil Meat Giant JBS [BNN Bloomberg (Canada)]
Pilgrim's Pride Corporation (PPC)
Last pilgrim's pride corporation earnings: 4/29 05:12 pm
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Source: BNN Bloomberg
family's meat empire after years of absence following a massive corruption scandal. The brothers will take two extra seats on the board of the world's largest processor of animal protein, the company said in a filing late on Tuesday. Independent directors would still be the majority on the board, with seven of a total 11 seats, it said. The Batistas' nominations are pending formal approval by shareholders at a meeting next month. The brothers led JBS's expansion overseas by gobbling up rivals including Swift & Co., the beef-producing units of Smithfield Foods Inc., and the US chicken producer Pilgrim's Pride Corp., transforming the company their father founded as a small butchery more than 70 years ago. They left JBS in 2017 after confessing to bribery as part of a widespread corruption scandal in Brazil, spending several months in jail in 2017 and 2018 amid insider trading allegations before being acquitted last year. Read More: Dirty Family Secret Is Behind JBS's $20 Billion B
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PPC
Earnings
- 2/26/24 - Beat
PPC
Sec Filings
- 4/1/24 - Form DEF
- 3/19/24 - Form 4
- 3/14/24 - Form 144
- PPC's page on the SEC website