JBS, the world’s largest meat producer, changes its CEO

Wesley Batista Filho (pictured below), aged 34, will take up the role at the global food conglomerate in January, the São Paulo-based group announced on Monday
Batista Filho, who currently heads the company’s US division, is the son of JBS’s former CEO Wesley Batista and the grandson of its founder José Batista Sobrinho. JBS’s US unit is the largest in terms of sales…

In Italy, it owns Rigamonti and King’s Group, which, through the King’s and Principe brands, operates in more than 20 countries and is the market leader in the production of Prosciutto di San Daniele PDO. The group also produces GranSpeck Parma ham (PDO) and Prosciutto Veneto (PDO).

The share price of JBS, which is listed in the United States,fell by 5.8 per cent on Monday. …

On Monday, JBS reported a net loss of $102 million for the second quarter. Its revenue rose by 14% to $23.9 billion.

JBS has long been criticised for its environmental policy.

Drafted on 13 August, updated on 15 August 2026