JBS S.A. has called a shareholders meeting for Sept. 1 to evaluate the future of the company’s management, after members of the family controlling the meat processor revealed in May their participation in a corruption scandal.
JBS shareholder BNDESPar, the investment arm of Brazil’s National Economic and Social Development Bank (BNDES), had been requesting the meeting at least since June, when BNDES President Paulo Rabello de Castro publicly defended the removal of the Batista family from JBS’ command.
According to the notice for the board meeting filed with Brazil’s securities regulator CVM on Wednesday night, the meeting will address a request by BNDESPar to discuss and decide on “measures to be taken by the company for the defense of its rights and interests, including the responsibilities for losses caused to the company by its managers, former managers and controllers involved in the illicit acts confessed in plea bargain deals and other agreements.”
JBS management also intends to present the measures being adopted to ensure best practices of corporate governance, compliance and protection of the company’s interests, among other subjects to be discussed.
Brothers Wesley and Joesley Batista, the current global CEO and former chairman of JBS’ board of directors, respectively, are among executives who have signed plea bargain deals with federal prosecutors to disclose details of the corruption scheme in which they participated.
The video below explains the different pieces included in our Kruger style farrowing crate. This crate is fully customizable, if you see something you wish to change on your crates, feel free to reach out to us! Do not hesitate to let us know if you see things you really like as well!
Our company takes pride in being a fully custom equipment company! We design our farrowing crates from scratch and can add or adjust any piece you wish to change. Please take a look a video of a farrowing crate with Saloon Doors and let us know what you think!
The Missouri Pork Association is holding a Swine Health Symposium on July 17th, 2017 from 8:30 am- 4:00 pm. This is an event with many different key note speakers and panels with question and answer settings. Below you will find the link for this event.