GREELEY, Colo. – Fabio Sandri, 39, has been appointed Pilgrim's Pride Corporation’s new chief financial officer, effective immediately. He replaces Gary Tucker, 62, who retired after eight years with the company, most recently as principal financial officer and chief accounting officer. Sandri will begin work on June 6 and will relocate to northern Colorado from Brazil later this year.

Sandri previously served as CFO of Estacio Participacoes, the largest private post-secondary educational institution in Brazil, a post he had held since April 2010. Prior to that, he spent nearly two years as the CFO of Imbra SA, a provider of dental services based in Sao Paolo, Brazil. From 2005 to 2008, Sandri served as strategy director and corporate controller for Braskem SA., a New York Stock Exchange-listed petrochemical company based in Camacari, Brazil.

He earned a Master's in Business Administration from the Wharton School at the University of Pennsylvania and a degree in electrical engineering from Escola Politecnica da Universidade de Sao Paulo.

"Gary Tucker has played an important role in Pilgrim's successful financial restructuring and subsequent integration with JBS USA,” said Bill Lovette, president and CEO. “With that integration now largely complete, we both agreed this is the right time for a transition. We deeply appreciate his many contributions to our company over the past eight years. His leadership and guidance will be missed by all who have worked with him.”