Pilgrim CEO Takes Paid Leave Of Absence To Focus On Legal Battle

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Global food company Pilgrim's Pride Corporation (NASDAQ: PPC) announced over the weekend that its president and CEO Jayson Penn will temporarily step down to focus on a legal battle.

What Happened: Penn and a handful of other executives in the chicken industry were charged with allegedly fixing the price of poultry. Penn will take a paid leave of absence immediately to focus on his defense; he …

Full story available on Benzinga.com

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