Pilgrim's Pride Corp. appointed Fabio Sandri as chief financial officer of the company, succeeding Gary Tucker, who recently announced his retirement from his position as principal financial officer and chief accounting officer at the poultry company.

"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 Fabio 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."

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Sandri, 39, previously served as chief financial officer of Estacio Participacoes, a private post-secondary educational institution in Brazil, a post he had held since April 2010. Prior to that, he spent nearly two years as the chief financial officer of Imbra SA, a dental services provider in Brazil. Sandri earned a Master's in Business Administration from the Wharton School at the University of Pennsylvania and a degree in electrical engineering from Escola Politecnica da Universidade de Sao Paulo in Brazil.