KANSAS CITY, Mo. — Steve Hunt, president and CEO of US Premium Beef (USPB) will step down after 17 years at the helm of the cooperative, according to news reports. Stan Linville, the company's COO, was named the new CEO. As of Jan. 28, Hunt will work as a consultant to the company and Linville will officially assume the CEO position.
US Premium Beef is a vertically integrated beef marketing company owned by beef producers and it has a minority ownership in National Beef Packing Company LLC, the nation's fourth-largest beef processing company. More than 2,000 producers from 35 states have marketed cattle through its integrated quality-based cattle supply system that serves as the foundation for National Beef’s value-added product lines.
Leucadia National Corporation owns a 78.95 percent interest in National Beef and the other members of National Beef, US Premium Beef LLC, NBPCo Holdings LLC.