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Pilgrim’s Pride names interim leader as CEO

Indicted former CEO no longer with company after paid leave of absence.

Pilgrim’s Pride Corp. announced Sept. 23 that the board of directors has appointed Fabio Sandri as president and chief executive officer of Pilgrim’s, effective immediately. Sandri had been serving as interim president and CEO since Jayson Penn, the former company leader, took a leave of absence after being indicted by the U.S. Department of Justice for his alleged role in a conspiracy to “fix prices and rig bids" for broiler chickens.

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