Marfrig, the world’s second-largest beef producer, has announced that Eduardo Miron will succeed Martín Secco as its new CEO.
Miron joined Marfrig in 2010 and assumed his previous position as the company’s chief financial and investor relations officer in 2016.
Miron also served as the chief financial officer of the company’s Keystone Foods division in the US, which the company recently sold to Tyson Foods for $2.16 billion.
Prior to joining Marfrig, Miron worked for ten years at Grupo Safra and held several leadership positions in the US and Brazil during a two-decade spell at Cargill.
According to the company, Miron will spearhead the company’s efforts to create further value by revamping its management and operational structure.
From today onwards, Marfrig will have two main operational units, one in South America and one in North America.
The South American unit will be responsible for the company’s operations in Brazil, Uruguay, Argentina and Chile, and will be led by Miguel Gularte.
The North American unit will manage the operations of the company’s National Beef business and will be led by Tim Klein, the CEO of National Beef.
Marfrig acquired a majority stake in National Beef for $969 million in April.
Marcos Molina dos Santos, chairman of the board at Marfrig said: “The choice of Eduardo Miron as CEO underlines our commitment to a financially and operationally sustainable Marfrig.
“Miron was at the forefront of the company’s most recent strategic operations: the acquisition of controlling interest in National Beef and the divestment of Keystone.
“These transactions have transformed Marfrig into a simpler company focused on beef and supported by a global production and distribution platform.
Miron added: “We will strive to create value in all dimensions of the business.
“We want to be recognized as a sustainable company for our financial management, for the returns we offer shareholders and investors and for our relations with cattle producers, employees, clients and consumers.”
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