Pilgrim's Pride CEO and COO resign
Pilgrim's Pride Corporation announced that its board of directors has named Don Jackson as its president and chief executive officer subject to approval of the United States Bankruptcy Court for the Northern District of Texas. The board also appointed Lonnie Ken Pilgrim, its current chairman, as interim president until such time as Dr. Jackson's employment is approved by the bankruptcy court. Dr. Jackson will join the company immediately on an interim basis.
He will assume the combined duties of Clint Rivers, the former president and chief executive officer, and Robert A. Wright, the former chief operating officer, both of whom resigned from the company today as part of its reorganization process under Chapter 11.
To read more about the changes, read the release from Pilgrim's Pride