KANSAS CITY, MO. — Officials with National Beef Packing Company, LLC, a subsidiary of U.S. Premium Beef, announced the appointment of Tim Klein as its president and chief executive, replacing John Miller, who served as chief executive of National Beef since 1992. Mr. Miller will continue serving on the company’s board of managers and will also work as a consultant with the firm. Mr. Klein, who was also appointed to the board, served as president and chief operating officer of National Beef since 1997.

"We have had a succession plan in place for years which included the continued development of our management staff to fulfill the leadership needs of an ever changing and growing company," said Steve Hunt, CEO of U.S.P.B.

"I am excited to have this opportunity and I am confident this transition aligns our company to meet the challenges we face in our industry while continuing to build on the growth and successes we have achieved," Mr. Klein added. "I have been fortunate to have worked with John these past 17 years, during which time National Beef saw extraordinary growth and profitability. I look forward to drawing on his expertise as we continue to pursue our vision for the company."