Cincinnati-based fruit and vegetable producer Chiquita Brands International, has announced the appointments of Cyrus F. Freidheim, Jr, as chairman of the board and CEO, and Robert W. Fisher, a former president of Dole Food Co, as acting COO.


Steven G. Warshaw, who successfully led the company through the difficult bankruptcy reorganization process, has resigned as president, CEO and as a director of the company.


Freidheim commended Warshaw for his dedicated work in helping put together a reorganization plan acceptable to the court and the creditors: “Steve provided leadership during the most difficult period in the company’s history. We all wish Steve well in the next phase of his career.


“I consider it a privilege to head up one of the oldest and most distinguished companies in the United States. Chiquita is one of the most recognizable and successful brand names in the world and it has become synonymous with quality.


“Thanks to the dedication and hard work of our loyal employees in North America, Europe and Latin America, we have weathered the storm and have emerged intact from our Chapter 11 reorganization.

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“Our focus in the weeks and months ahead will be rebuilding as we all work together to restore profitability, grow shareholder value and resume our position of leadership in the industry.”


Freidheim said the board and the company’s top managers would conduct an intensive top-to-bottom review of company operations over the next few months to determine the future course of Chiquita Brands.


Other board members include: Morten Arntzen, CEO for American Marine Advisors, a merchant banking company for global shipping; Jeffrey Benjamin, MD of investment banking firm Libra Securities LLC; Roderick Hills, chairman of Hills Enterprises Ltd. and former chairman of the SEC; and Carl H. Lindner, former chairman of the board of Chiquita Brands International.