Joesley Batista, chairman of JBS SA, and his brother, CEO Wesley Batista, have resigned their positions. JBS SA announced over the weekend that Tarek Farahat was unanimously elected chairman to replace Batista. In the same meeting, Jose Batista Sobrinho was elected vice chairman of the board. JBS SA also announced the creation of a Governance Committee, led by Farahat, whose main objective will be to implement global best practices in corporate governance and compliance at JBS. This comes after the brothers were embroiled in a bribery scandal involving Brazil’s president that could also cost the company billions in fines. Read more at Drovers CattleNetwork…
Recent Posts
Crime watch: Cows missing in Young County
Texas & Southwestern Cattle Raisers Association Special Ranger Cliff Swofford, District 8 in …
Continue Reading about Crime watch: Cows missing in Young County
Crime watch: Angus-cross cow-calf pairs stolen in Jim Wells County
Texas & Southwestern Cattle Raisers Association Special Ranger Duane Cottrell, District 27 in …
Continue Reading about Crime watch: Angus-cross cow-calf pairs stolen in Jim Wells County
Crime watch: Cattle missing in Throckmorton County
Texas & Southwestern Cattle Raisers Association Special Ranger Cliff Swofford, District 8 in …
Continue Reading about Crime watch: Cattle missing in Throckmorton County
