In a significant move, US poultry processor Foster Farms has announced the appointment of Jayson Penn as its new CEO. Penn succeeds former Tyson Foods’ executive Donnie Smith, who led Foster Farms following the acquisition by Atlas Holdings. The company declined to share the exact start date for Penn in his new role.
Jayson Penn brings a wealth of experience to the position, having most recently served as the president of John Soules Foods. With a background that includes a decade at Pilgrim’s, where he held the CEO position, Penn is well-equipped to lead Foster Farms. His career also encompasses roles at Case Foods, Marshall Durbin Companies, and Sanderson Farms.
Expressing his enthusiasm for the new role, Penn stated, “We will be focused on serving our team members and supporting our customers with products they can trust. A solid foundation for smart growth has been set, and I’m ready to get started.”
As part of the leadership transition, Foster Farms also announced that James Richards will take on the role of chief financial officer. Commenting on the appointments, Atlas Partners emphasized the strength and experience that Penn and Richards bring to the leadership team. This combination is expected to drive Foster Farms towards a successful future.
Founded in 1939 and headquartered in Livingston, California, Foster Farms has established itself as a prominent name in the poultry industry over nearly a century. Specializing in chicken and turkey products, the company caters to retailers and the foodservice sector. With ranches in California’s Central Valley and the Pacific Northwest, Foster Farms ensures that its products are sourced locally.
The company’s portfolio includes a range of poultry products, from pre-marinated options to fully-cooked offerings, meeting various consumer needs.
