Meat group Smithfield Foods today (20 August) announced that Kenneth Sullivan, currently EVP and chief financial officer, has been named president and chief operating officer. Glenn Nunziata will succeed him as CFO.
Sullivan will assume the day-to-day operating responsibility for the company's fresh pork, packaged meats and hog production divisions located in the US, as well as international sales and exports. He has held various positions of increasing responsibility at Smithfield over the last 12 years.
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As chief financial officer, Nunziata will assume leadership of Smithfield's finance, treasury, risk management, accounting and IT functions. Nunziata most recently served as a partner in assurance services at Ernst & Young, having been with Ernst & Young for 19 years.
"At the start of this year, we launched a new organisational structure to support Smithfield's market position as a global leader in branded packaged meats and position the Company to take advantage of additional opportunities for growth," said Larry Pope, president and chief executive officer. "With our new structure in place, we have already been able to better utilise management talent across the Company as planned and today's senior leadership appointments make our team even stronger."
Both appointments come into effect at the start of October, the WH Group-owned firm said.
In a separate announcement, Smithfield said that it has created two new leadership posts focusing on innovation. The company announced the appointment of William Brunt as SVP and chief innovation officer while Jeff Warner has been hired as VP of Innovation for the packaged meats division.
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