JBS USA said current CEO Tim Schellpeper will retire effective May 1, to be replaced by Wesley Batista Filho.
Batista Filho began his career at parent firm JBS SA of Brazil in 2011 and has held a number of strategic roles, including serving as President of JBS Canada, President of the JBS USA Fed Beef Division, CEO of Seara, and CEO of JBS Brazil. He’s apparently a member of the Batista family, which controls 42% of the publicly traded company – we’ve asked JBS USA for confirmation of that.
Schellpeper joined JBS USA in 2017, first serving as President of the JBS USA Fed Beef business unit before becoming CEO of JBS USA. “Tim came out of retirement to join our team, producing record results as the head of our Fed Beef business unit and laying the foundation for our continued success as CEO,” said Gilberto Tomazoni, JBS Global CEO.