Pilgrim's Pride c.e.o. and c.o.o. resign
December 17, 2008
by Keith Nunes
PITTSBURG, TEXAS — Clint Rivers, Pilgrim’s Pride Corp.’s president and chief executive officer, and Robert A. Wright, chief operating officer, resigned Dec. 16 as part of the company’s reorganization efforts under Chapter 11 bankruptcy protection. The company’s board of directors named Don Jackson president and c.e.o. subject to approval of the U.S. Bankruptcy Court for the Northern District of Texas. Lonnie Ken Pilgrim, chairman, was appointed as interim president until Mr. Jackson is approved. Mr. Jackson will assume the combined duties of Mr. Rivers and Mr. Wright at that time.
Mr. Jackson was previously president of Foster Farms’ poultry division, a poultry processor on the West coast. Before that, he was executive vice-president of food service of the former ConAgra Poultry Company in Duluth, Ga. He also worked 22 years for Seaboard Farms of Athens, Ga., including four years as president and c.e.o. of the poultry division.
Lonnie (Bo) Pilgrim, senior chairman of Pilgrim’s Pride, said that as the company begins the reorganization process it will be best served by a fresh perspective on the opportunities available through restructuring.
"Don Jackson is a proven leader with the essential skills and industry insight to position Pilgrim’s Pride to emerge from Chapter 11 as a stronger, more efficient, and more focused company," he said. "Clint and Bob have both made tremendous contributions throughout their careers at Pilgrim’s Pride, and we are grateful for their commitment and dedicated service during a very difficult time for our company and our industry. We wish both of them continued success in their careers."
Pilgrim’s Pride filed voluntary Chapter 11 petitions on Dec. 1.
Mr. Rivers was elected president and c.e.o. in March. He previously was c.o.o. and filled the vacancy left following the death of O.B. Goolsby Jr. last December.