Smithfield Foods Inc. has appointed chief strategy officer Shane Smith, a two-decade veteran of the company, as president and chief executive officer, effective immediately.
Smith will succeed Dennis Organ, who is stepping down for personal reasons.
Prior to becoming chief strategy officer, Smith served as executive vice president of Smithfield's European operations. He spent much of the last decade in Europe, overseeing the company's operations, capital investments, expansion into new markets, and mergers and acquisitions abroad.
Today, Smithfield's European operations encompass nearly 18,000 employees, 21 processing facilities, 58 company-owned farms, and over 1,000 contract farms in five countries. Smith's extensive experience with both Smithfield's European and US businesses will aid the company in further establishing more robust and strategic global collaboration to franchise best practices across the company's expansive footprint.
"I am honored to serve as Smithfield's next president and CEO and lead an incredible team of more than 63,000 people who all work together to provide families worldwide with wholesome, safe, and affordable food," said Smith. "At Smithfield, 'Good food. Responsibly.' is more than something we say. It's how we approach our work and what we carry out through our mission to produce good food the right way with respect for our people, animals, communities, and planet. Together with our talented leadership team, I look forward to furthering our long-term vision that has made us one of the world's leading consumer packaged protein companies, creating value for a broad range of stakeholders."