JBS Says Batista Brother Will Become Interim CEO Amid Probe

  • Jose Batista Jr. replaces brother Wesley at largest meatpacker
  • JBS says founder Jose Batista Sobrinho also appointed chairman

JBS SA, the world’s largest meatpacker, said Jose Batista Jr. will take over as the company’s interim chief executive officer as his brother Wesley Batista temporarily steps down amid a probe by Brazilian police into investments made by state-run pension funds.

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