Smithfield Foods

Rep. Jim McGovern Shines Light on Chinese Smithfield’s Attempt to Overturn State Laws Including Massachusetts' Question 3

Retrieved on: 
Wednesday, March 20, 2024
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Both measures prohibit the sale of certain types of factory farmed pork products in these states.

Key Points: 
  • Both measures prohibit the sale of certain types of factory farmed pork products in these states.
  • “We applaud Rep. McGovern for shining light on Smithfield’s infiltration of American agriculture and the multinational conglomerate’s efforts to overturn state laws like Massachusetts’ Question 3,” said Marty Irby, president and CEO at Competitive Markets Action and board secretary at the Organization for Competitive Markets.
  • To date, 226 bipartisan Members of Congress, including McGovern, have vocalized their opposition to the nullification of Question 3 and Prop 12.
  • 171 bipartisan Members of the House sent a letter to Thompson and Scott in August of 2023 and 31 U.S.

U.S House Hearing on Chinese Infiltration of American Agriculture Set for 11:30 AM Today

Retrieved on: 
Wednesday, March 20, 2024
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The hearing, entitled “The Danger China Poses to American Agriculture,” is set to be held at 11:30 AM EST.

Key Points: 
  • The hearing, entitled “The Danger China Poses to American Agriculture,” is set to be held at 11:30 AM EST.
  • The groups call comes in the wake of countless lobbying firms delisting Chinese clients as lawmakers have weighed blacklisting firms lobbying for the Chinese.
  • 171 bipartisan Members of the House sent a letter to Thompson and Scott in August of 2023 and 31 U.S.
  • Senators sent a similar letter to Senate Agriculture Chairman Debbie Stabenow, D-MI, and Ranking Member John Boozman, R-AR, last August.

The Real Good Food Company Announces Leadership Changes and Supply Chain Optimization

Retrieved on: 
Monday, March 18, 2024
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The Company today announced the appointment of Tim Zimmer as the Company’s Chief Executive Officer effective March 15, 2024.

Key Points: 
  • The Company today announced the appointment of Tim Zimmer as the Company’s Chief Executive Officer effective March 15, 2024.
  • Mr. Zimmer succeeds Gerard Law, who departed the Company as its Chief Executive Officer, effective March 15, 2024.
  • While at Smithfield, Tim played a pivotal role in growing the company’s packaged meats business and significantly improving its profitability.
  • The Company also appointed Mark Dietz as Senior Vice President of Operations, who will assist the Company with streamlining of the Company’s supply chain and improving efficiencies.

Smithfield Foods Establishes $250,000 Endowed Scholarship Program at University of Mount Olive

Retrieved on: 
Thursday, March 21, 2024
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SMITHFIELD, Va., March 21, 2024 /PRNewswire/ -- Smithfield Foods has created an endowed scholarship program to benefit leaders of tomorrow from the University of Mount Olive in North Carolina.

Key Points: 
  • SMITHFIELD, Va., March 21, 2024 /PRNewswire/ -- Smithfield Foods has created an endowed scholarship program to benefit leaders of tomorrow from the University of Mount Olive in North Carolina.
  • As part of the Smithfield Foods Future Leaders Endowed Scholarship Program, the Mount Olive scholarship builds on the company's commitment to improve access to education and provide educational opportunities for the dependents of Smithfield's contract growers.
  • The University of Mount Olive will award the Smithfield endowed scholarship to one rising junior and one rising senior each year.
  • The Mount Olive endowed scholarship program complements the Smithfield scholarship program , which provides scholarships to eligible dependents of the company's employees.

Smithfield Foods Donates $100,000 to Fund "Pay What You Can" Mobile Food Market in North Carolina

Retrieved on: 
Friday, February 23, 2024
Meat, Farmer, Smithfield Foods, Food, Revival, Partnership, Food industry

SMITHFIELD, Va., Feb. 23, 2024 /PRNewswire/ -- Smithfield Foods has donated $100,000 to fund a mobile food retail market that will provide fresh food in food deserts throughout southeastern North Carolina.

Key Points: 
  • SMITHFIELD, Va., Feb. 23, 2024 /PRNewswire/ -- Smithfield Foods has donated $100,000 to fund a mobile food retail market that will provide fresh food in food deserts throughout southeastern North Carolina.
  • The donation to Ripe for Revival , a nonprofit founded to address food insecurity in North Carolina, was used to purchase a bus that has been transformed into a mobile food market.
  • The bus will offer fresh, local, healthy food to the public, including many families experiencing food insecurity, at pay-what-you-can prices.
  • We have great plans for 2024 to serve more North Carolina families facing food insecurity, and Smithfield Foods is helping us achieve that goal."

SMITHFIELD COMMONWEALTH CLASH ABOUT MORE THAN JUST SPORTS

Retrieved on: 
Wednesday, February 21, 2024
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SMITHFIELD, Va., Feb. 21, 2024 /PRNewswire/ -- This season, Smithfield Commonwealth Clash rivals, the University of Virginia and Virginia Tech, competed in more than just basketball. The schools rallied during the Jan. 17 game at UVA and the Feb. 19 game at Virginia Tech to see whose fans could donate the most food items for the schools' food pantries. Virginia Tech prevailed in the friendly yet unofficial Commonwealth Clash competition by collecting nearly 700 pounds of nonperishable food during its hosted game night in support of the food pantry — and a combined total of more than 1,200 pounds between the two food pantries. In addition to the nonperishable items donated, Smithfield donated $5,000 to both the UVA Community Food Pantry and the Market of Virginia Tech.

Key Points: 
  • SMITHFIELD, Va., Feb. 21, 2024 /PRNewswire/ -- This season, Smithfield Commonwealth Clash rivals, the University of Virginia and Virginia Tech, competed in more than just basketball.
  • In addition to the nonperishable items donated, Smithfield donated $5,000 to both the UVA Community Food Pantry and the Market of Virginia Tech.
  • "Smithfield is a proud ambassador for both Virginia Tech and the University of Virginia in the Smithfield Commonwealth Clash, and helping to fight food insecurity on each campus is an important initiative as a food brand," said Jessica Scarlett, brand manager for Smithfield at Smithfield Foods.
  • Since the 2014-2015 academic year, the brand has partnered with the University of Virginia and Virginia Tech in the rivalry between the schools across all school-sponsored sports — becoming the presenting sponsor of the Smithfield Commonwealth Clash in the 2021-2022 season.

Kraig Westerbeek Named President, Smithfield Hog Production

Retrieved on: 
Tuesday, February 20, 2024
Engineering, Transport, Methane, Carbon, NPPC, Health, Safety, Westerbeek, Smithfield Foods, Manure, Environment, Management

SMITHFIELD, Va., Feb. 20, 2024 /PRNewswire/ -- Smithfield Foods has named Kraig Westerbeek as president of its hog production operations effective Feb. 29, reporting to President and Chief Executive Officer Shane Smith.

Key Points: 
  • SMITHFIELD, Va., Feb. 20, 2024 /PRNewswire/ -- Smithfield Foods has named Kraig Westerbeek as president of its hog production operations effective Feb. 29, reporting to President and Chief Executive Officer Shane Smith.
  • "Kraig has been an extremely valuable asset to Smithfield Foods throughout his career," said Shane Smith, chief executive officer for Smithfield.
  • "His extensive experience in our hog production division has helped keep Smithfield on the forefront of our industry, and I look forward to his continued leadership."
  • Westerbeek also played a leading role in the formation of Smithfield Renewables, the company's carbon reduction and renewable energy platform.

Smithfield Foods Names New Chief Marketing Officer and Chief Ethics and Compliance Officer

Retrieved on: 
Monday, February 5, 2024
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SMITHFIELD, Va., Feb. 5, 2024 /PRNewswire/ -- Smithfield Foods has named Brendan Smith as its chief marketing officer and Allyson Bouldon as its chief ethics and compliance officer.

Key Points: 
  • SMITHFIELD, Va., Feb. 5, 2024 /PRNewswire/ -- Smithfield Foods has named Brendan Smith as its chief marketing officer and Allyson Bouldon as its chief ethics and compliance officer.
  • Smith, a senior marketing executive with global and domestic expertise in sales, top consumer brand management, strategic development and planning, brand strategy and digital marketing, will serve as Smithfield's chief marketing officer.
  • Prior to serving in these roles, Smith was senior vice president and chief marketing officer for Smithfield Foods and its Smithfield, Farmland, Gwaltney and Cook's brands, where he led and directed all domestic marketing, R&D and innovation initiatives.
  • Prior to serving in these roles, Bouldon served as vice president and chief compliance officer for Michael's Stores, where she managed global supplier compliance; and as vice president and chief compliance officer for Chiquita Brands International, Inc., developing and implementing the company's global compliance strategies.

Nathan's Famous, Inc. Reports Third Quarter Results

Retrieved on: 
Thursday, February 1, 2024
Senior, GAAP, Smithfield Foods, Adjustment, Earnings, Weather, Depreciation, Nathan's Famous, Sale

JERICHO, N.Y., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (“Nathan’s”, the “Company”, “we”, “us” or “our”) (NASDAQ:NATH) today reported results for its third fiscal quarter ended December 24, 2023.

Key Points: 
  • JERICHO, N.Y., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (“Nathan’s”, the “Company”, “we”, “us” or “our”) (NASDAQ:NATH) today reported results for its third fiscal quarter ended December 24, 2023.
  • Sales from Company-owned restaurants were $10,512,000 during the fiscal 2024 period compared to $10,673,000 during the thirty-nine weeks ended December 25, 2022.
  • Total royalties were $2,996,000 during the fiscal 2024 period as compared to $2,785,000 during the thirty-nine weeks ended December 25, 2022.
  • Analysis of results and outlook on a non-US GAAP basis should be used as a complement to, and in conjunction with, data presented in accordance with US GAAP.

Guild Announces A Record Year Of Impact With Rapid Technological Changes Accelerating The Need For Reskilling At Scale

Retrieved on: 
Tuesday, January 9, 2024
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Today, Guild , the leader in opportunity creation for America’s workforce, announced a record year of momentum and impact in 2023.

Key Points: 
  • Today, Guild , the leader in opportunity creation for America’s workforce, announced a record year of momentum and impact in 2023.
  • That allowed us to power incredible impact across the workforce,” said Bijal Shah, Interim CEO at Guild.
  • Candidly partnership : Guild partnered with Candidly to provide Guild members access to student loan benefits, helping to reduce debt incurred prior to utilizing Guild.
  • Along with these needs, Guild anticipates entry into new verticals, as technological changes advance and labor shortages continue to materialize in critical industries like transportation, manufacturing, and utilities.