Pilgrim's Pride Corp: Board & Executive Compensation Changes

Ticker: PPC · Form: 8-K · Filed: Feb 10, 2025 · CIK: 802481

Sentiment: neutral

Topics: governance, executive-compensation, board-changes

Related Tickers: PPC

TL;DR

Pilgrim's Pride shuffled its board and exec pay plans as of Feb 4, 2025.

AI Summary

Pilgrim's Pride Corporation announced on February 4, 2025, a change in its board of directors and executive compensation arrangements. The filing details the departure of a director and the appointment of new officers, alongside updates to their compensatory plans.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation updates, not significant financial events.

Key Numbers

Key Players & Entities

FAQ

Who departed from the board of directors?

The filing indicates a departure of a director, but the specific name is not provided in the provided text.

What is the date of the earliest event reported in this 8-K?

The date of the earliest event reported is February 4, 2025.

What is the principal executive office address of Pilgrim's Pride Corporation?

The principal executive offices are located at 1770 Promontory Circle, Greeley, CO 80634-9038.

Under which section of the Securities Exchange Act of 1934 is this report filed?

This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is the Standard Industrial Classification code for Pilgrim's Pride Corp?

The Standard Industrial Classification code is 2015, for Poultry Slaughtering and Processing.

Filing Stats: 631 words · 3 min read · ~2 pages · Grade level 12.4 · Accepted 2025-02-07 19:50:22

Key Financial Figures

Filing Documents

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PILGRIM'S PRIDE CORPORATION Date: February 7, 2025 /s/ Matthew Galvanoni Matthew Galvanoni Chief Financial Officer and Chief Accounting Officer

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