x

Posted 13 January, 2023

SEABOARD CORP /DE/ appointed Jacob A. Bresky as new CEO

NYSE:SEB appointed new Chief Executive Officer Jacob A. Bresky in a 8-K filed on 13 January, 2023.


  Jacob A. Bresky has been appointed to succeed Mr. Dannov as President and Chief Executive Officer of the SOTG Division.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of SEABOARD CORP /DE/
Consumer Goods • Food Products
Seaboard Corp. engages in hog production and pork processing in the U.S., commodity trading and grain processing in Africa and South America, cargo shipping services in the U.S., Caribbean and Central and South America, sugar and alcohol production in Argentina, and electric power generation in the Dominican Republic. It operates through the following segments: Pork, CT&M (Commodity Trading and Milling), Marine, Liquid Fuels, Power, Turkey, and All Other and Corporate. The Pork segment produces and sells fresh and frozen pork products to processors, foodservice operators, distributors, and grocery stores. The CT&M segment is an agricultural commodity trading, processing, and logistics company. The Marine segment provides cargo shipping services. The Liquid Fuels segment produces biodiesel at facilities in Oklahoma and Missouri and renewable diesel at a facility in Kansas. The Power segment generates electricity for the Dominican Republic power grid. The Turkey segment produces and processes turkey products. The All Other and Corporate segment processes jalapeño peppers. The company was founded by Otto Bresky in 1918 and is headquartered in Merriam, KS.
Market Cap
$2.62B
View Company Details
SEABOARD CORP /DE/ by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

David M. Dannov resigned from the position of President and Chief Executive Officer of the Seaboard Overseas and Trading Group ("SOTG Division"), a division of Seaboard Corporation (the "Company"), effective January 9, 2023. The Company previously elected not to renew Mr. Dannov's employment agreement with the SOTG Division.

Jacob A. Bresky has been appointed to succeed Mr. Dannov as President and Chief Executive Officer of the SOTG Division. Prior to this appointment, Mr. Bresky served as SOTG Division Vice President of Industrial Operations and various other positions in the SOTG Division for more than ten years. Mr. Dannov will continue with the SOTG Division to assist as needed.








2