Smithfield makes CFO appointment

09/06/2008

Smithfield Foods has announced that its executive vice-president of finance, Robert Manly, will be the company’s  new chief financial officer, with effect from July 1.

Mr Manly has 30 years’ experience of meat and livestock production and rejoined Smithfield Foods in August 2006 after 10 years as president and chief operating officer of Premium Standard Farms. He joined Premium Standard Farms just days after the company emerged from bankruptcy. Under his leadership, it became the second-largest integrator in the hog production industry and launched a successful initial public stock offering in 2002. PSF was eventually acquired by Smithfield in 2007.

“Robert Manly’s unique mix of financial, operating and general management experience along with his broad understanding of the industry will bring further strength to the finance organisation", said Larry Pope, president and chief executive officer of Smithfield. "His experience as president and chief operating officer of Premium Standard Farms, a publicly-traded company, is demonstrative of the breadth of his management and operational background. He and I have a long standing relationship and he is a valued adviser,” he said.

Mr Manly will retain responsibility for international hog production operations, as well as integrated plant operations in Mexico and Romania.