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May 03, 2015 6:34 PM ET

Food Products

Company Overview of Chiquita Brands International Inc.

Company Overview

Chiquita Brands International, Inc., together with its subsidiaries, markets and distributes bananas, pineapples, and packaged salads primarily in the United States, Central America, Europe, the Middle East, and Asia. The company operates through three segments: Bananas, Salads and Healthy Snacks, and Other Produce. The Bananas segment purchases, produces, transports, markets, and distributes bananas under the Chiquita brand to grocery retailers, ripeners, and wholesalers. The Salads and Healthy Snacks segment offers packaged and ready-to-eat salads under the Fresh Express and private labels; fresh vegetable and fruit ingredients used in foodservice; healthy snacks, including single-serve fr...

550 South Caldwell Street

Charlotte, NC 28202

United States

Founded in 1899

20,000 Employees

Phone:

980-636-5000

Key Executives for Chiquita Brands International Inc.

Chief Executive Officer and Chief Financial Officer
Age: 45
Chief Executive Officer of Bananas & Pineapples
Age: 61
Chief Executive Officer of Fresh Express and Chiquita Fruit Solutions
Age: 64
Chief Compliance Officer and Vice President
Senior Vice President of Food Safety and Quality
Compensation as of Fiscal Year 2014.

Chiquita Brands International Inc. Key Developments

Chiquita Brands International Inc. Appoints Darcilo Santos as New CEO

Chiquita Brands International Inc. has appointed Darcilo Santos as its new CEO. Santos comes from Safra Bank in Sao Paulo, Brazil.

Chiquita Brands International Inc. Announces Executive Changes

Chiquita Brands International Inc. announced that effective March 31, 2015, the employment of Brian W. Kocher, the Company's President and Chief Executive Officer, terminated pursuant to a resignation for good reason under his change in control severance agreement. Joseph B. Johnson, the Company's Vice President and Chief Accounting Officer, will resign his employment with the Company effective April 17, 2015.

Chiquita Brands International Inc. and Chiquita Brands L.L.C. Announces Results of Change of Control Tender Offer for its 7.875% Senior Secured Notes Due 2021

Chiquita Brands International Inc. and Chiquita Brands L.L.C. announced the results of their tender offer (the Tender Offer) to purchase for cash any and all of their outstanding $191,250,000 aggregate principal amount of 7.875% Senior Secured Notes due 2021 (the Notes), at a purchase price equal to 101% of the principal amount thereof. The tender offer was made to satisfy the requirements of the indenture governing the Notes as a result of a change of control transaction.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 11, 2014
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