CORAL GABLES, Fla.--(BUSINESS WIRE)--Sep. 1, 2016--
Fresh Del Monte Produce Inc. (NYSE: FDP) (the “Company”) announced today
that Hani El-Naffy, 66, the Company’s President and Chief Operating
Officer, will start to transition his role as an officer of the Company,
with the transition beginning immediately and lasting through February
28, 2017. Mr. El-Naffy plans to continue as a member of the Company’s
Board of Directors following thereafter. In accordance with the
Company’s established succession plan for key executive officers, the
Company will proceed with implementing a transition plan for the role of
President and Chief Operating Officer. Mr. El-Naffy will work to effect
an orderly transition over the next six months.
“On behalf of the Board of Directors and everyone at Fresh Del Monte
Produce, I would like to thank Hani for the high level of dedication and
commitment that he has given to Fresh Del Monte Produce as President and
Chief Operating Officer for almost 20 years,” said Mohammad
Abu-Ghazaleh, Chairman and Chief Executive Officer of the Company.
“Hani’s day-to-day leadership will be missed, but we are glad that the
Company will benefit from his participation in the transition process
and his plan to continue to serve as a board member.”
About Fresh Del Monte Produce Inc.
Fresh Del Monte Produce Inc. is one of the world's leading vertically
integrated producers, marketers and distributors of high-quality fresh
and fresh-cut fruit and vegetables, as well as a leading producer and
distributor of prepared food in Europe, Africa, the Middle East and the
countries formerly part of the Soviet Union. Fresh Del Monte markets its
products worldwide under the Del Monte® brand, a symbol of product
innovation, quality, freshness and reliability for more than 100 years.
This press release contains certain forward-looking statements
regarding the intents, beliefs or current expectations of the Company or
its officers with respect to various matters. These
forward-looking statements are based on information currently available
to the Company and the Company assumes no obligation to update these
statements. It is important to note that these forward-looking
statements are not guarantees of future performance and involve risks
and uncertainties. The Company's actual results may differ
materially from those in the forward-looking statements as a result of
various important factors, including those described under the caption
“Key Information - Risk Factors” in Fresh Del Monte Produce Inc.'s
Annual Report on Form 10-K for the year ended January 1, 2016, along
with other reports that the Company has on file with the Securities and
Note to the Editor: This release and other press releases are available
on the Company's web site, www.freshdelmonte.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160901005184/en/
Source: Fresh Del Monte Produce Inc.
Fresh Del Monte Produce Inc.
Christine Cannella, 305-520-8433
Vice President, Investor Relations