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Pilgrim's Pride Corporation

Leadership History

Pilgrim's Pride: CEO History

2 leaders · 2019 to present

Who is the CEO of Pilgrim's Pride?

Fabio Sandri is the CEO of Pilgrim's Pride, in the role since 2020. The first chief executive was Jayson Penn, from 2019.

Current CEO
Fabio Sandri (since 2020)
First CEO
Jayson Penn (2019)
Leaders documented
2
Founded
1946
NameRoleFromToYears in role
Fabio SandriPresident and Chief Executive Officer2020Present6
Jayson PennChief Executive Officer201920201
Who was CEO of Pilgrim's Pride before Fabio Sandri?
Jayson Penn was CEO of Pilgrim's Pride from 2019 to 2020, before Fabio Sandri took over in 2020.

Company Overview

Pilgrim's Pride controls the full chicken production chain, from breeder flocks and feed mills to processing and packaging, and sells in three reporting segments: U.S., Europe and Mexico. The U.S. business is the largest; Europe was built mainly through Moy Park (2017), Tulip (2019) and Kerry's meats and meals business (2021), and Mexico grew through the 2015 purchase of Tyson's Mexican operations. The company is headquartered in Greeley, Colorado. Pilgrim's Pride was founded in October 1946 in Pittsburg, Texas, by Aubrey Pilgrim and Pat Pilgrim with partner James Weems as a small farm supply store, expanding over eight decades into one of the world's largest poultry producers headquartered in Greeley, Colorado, and majority-owned by JBS S.A.

Pilgrim's Pride makes money by raising, processing and selling chicken and, in Europe, pork and prepared meals. It owns breeder flocks, hatcheries, feed mills and processing plants, and pays independent contract growers to raise birds in grower-owned houses. Products are sold to restaurant chains, retailers, foodservice distributors and export buyers, with a growing share coming from value-added and branded items such as Just Bare, Pilgrim's, Moy Park, Richmond and Fridge Raiders.

Fabio Sandri

President and Chief Executive Officer

2020 – Present

6 years (current)

Key Decisions & Impact

Sandri joined Pilgrim's Pride as CFO in June 2011 after roles as CFO of Estacio Participacoes (Brazil's largest private post-secondary education company), CFO of dental-services provider Imbra SA, and strategy director and corporate controller at petrochemical company Braskem. He became interim president and CEO on June 15, 2020 and was confirmed as permanent CEO on September 23, 2020, succeeding Jayson Penn.

Legacy

Sandri led Pilgrim's through the post-2020 recovery to record profits of $1.09 billion in 2024 and $1.08 billion in 2025, and steered investment toward prepared foods, Just Bare and key-customer capacity. In 2026 he is managing a commodity downturn that cut Q2 GAAP net income to $13.2 million.

Jayson Penn

Chief Executive Officer

2019 – 2020

1 year

Key Decisions & Impact

Penn aggressively managed the massive integration of Pilgrim's European acquisitions (like Tulip Ltd) before his career abruptly ended when he was indicted by the US DOJ for a massive price-fixing conspiracy.

Legacy

Serving as CEO from 2019 to 2020, he oversaw the company's aggressive international expansion before stepping down amid federal criminal antitrust charges regarding the manipulation of chicken prices.

Challenges & Strategic Context

Pilgrim's Pride faces feed-cost volatility, avian influenza, labor availability, food safety risk, commodity chicken pricing, retailer and restaurant bargaining power, antitrust scrutiny, and the operational complexity of running biological supply chains across multiple countries.

Pilgrim's Pride CEO and Leadership FAQ

Who is Fabio Sandri?

Fabio Sandri is President and CEO of Pilgrim's Pride. He was CFO from 2011 to 2020, became interim CEO in June 2020 and permanent CEO that September. Earlier he held finance roles at Estacio Participacoes, Imbra and Braskem in Brazil.

Who were Pilgrim's previous CEOs?

Recent CEOs include Don Jackson (2008-2011, through the bankruptcy and JBS transition), Bill Lovette (2011-2019) and Jayson Penn (2019-2020).

Why did Jayson Penn leave as CEO?

Penn took leave in June 2020 after being indicted in the chicken price-fixing case. He was acquitted in 2022.

How has Pilgrim's performed under Fabio Sandri?

Under Sandri, net income reached $1.09 billion in 2024 and $1.08 billion in 2025, before Q2 2026 net income fell to $13.2 million in a commodity downturn.

Who is Fabio Sandri and how did he navigate Pilgrim's through price-fixing litigation?

Fabio Sandri was appointed CEO in September 2020 after serving as Chief Financial Officer since 2011. Sandri resolved legacy Department of Justice price-fixing investigations, settled civil class actions, diversified the portfolio into European prepared foods, and expanded high-margin retail brands like Just BARE.

What was Bill Lovette's operational turnaround impact from 2011 to 2019?

Following the JBS takeover, CEO Bill Lovette restructured operations, decentralized plant management, eliminated millions in corporate overhead, and instituted an operational discipline that transformed Pilgrim's from bankruptcy into one of the most cost-efficient chicken processors in North America.

How does Pilgrim's Pride's board of directors balance independent and JBS representation?

Pilgrim's board includes independent directors alongside representatives appointed by JBS S.A. (including JBS Global CEO Gilberto Tomazoni), ensuring strict fiduciary compliance and fair pricing on all inter-company commercial transactions.

What is leadership's strategy regarding automation and debone robotics?

To address perpetual labor shortages in poultry slaughterhouses, CEO Fabio Sandri is investing hundreds of millions in automated automated evisceration, automated vision-guided x-ray deboning machines, and robotic palletizing across US and European facilities.

Related Leadership Timelines

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.