BRF CEO resigns amidst EU ban on imports

Wed, 25 Apr 2018

BRAZIL - 25 April 2018 - Just days after an EU ban on imports of chicken meat from Brazil, the CEO of BRF, José Aurélio Drummond Jr, has resigned, said the company in a securities filing

The announcement from the company has comes three days before company shareholders meet to make decisions about a new board of directors. In the meantime, the current Chief Financial Officer, Lorival Nogueira Luz Jr, has been announced as the interim CEO.

Mr Drummond took up the post near the end of 2017, and during his time as CEO the company was implicated in accusations of corruption which involved bribes given to health officials to allow the export of meat which may have been contaminated with Salmonella. After email evidence of the latter surfaced, the police issued 11 temporary arrest orders, 53 search orders and 27 orders to bring select individuals in for questioning.