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North America / Industry News & Trends
Wesley Bautista, JBS
Wesley Batista | Photo by Benjamín Ruiz
on June 15, 2017

Wesley Batista steps down from Pilgrim’s board

Denilson Molina, chief financial officer of JBS USA, has been appointed to fill vacated position

Wesley Batista has resigned as a director of the Pilgrim’s Pride board, the company announced on June 15.

According to a Securities and Exchange Commission (SEC) filing, Batista’s resignation is effective immediately. The JBS Nominating Committee has approved the appointment of Denilson Molina to replace Batista and to serve as a JBS director of the company until the next annual stockholders meting or until a successor has been duly elected or appointed. Molina has also been appointed to the JBS Nominating Committee.

Curently, Molina is the chief financial officer of JBS USA.

Batista and his brother Joesley Batista recently resigned from their positions with the JBS board amid a corruption scandal. Joesley Batista was chairman of the board, while Wesley Batista was vice chairman and CEO of the company. He remains in his capacity as JBS CEO.

Tarek Farahat was appointed to become the chairman of the JBS board, while José Batista Sobrinho was named vice chairman.

Pilgrim’s, the second largest poultry company in the United States, is a unit of JBS. Officials from JBS have given assurance that it will not sell its stake in Pilgrim’s or any of its other U.S. assets. JBS is also the parent company of European poultry company Moy Park.

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