SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): March 28, 2022
PILGRIM'S PRIDE CORPORATION
(Exact Name of registrant as specified in its charter)
|(State or other jurisdiction of|
incorporation or organization)
|(Commission File Number)||(IRS Employer Identification No.)|
|1770 Promontory Circle||80634-9038|
|(Address of principal executive offices)|
Registrant's telephone number, including area code: (970) 506-8000
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol||Name of Exchange on Which Registered|
|Common Stock, Par Value $0.01||PPC||The Nasdaq Stock Market LLC|
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company ||☐|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 28, 2022, Pilgrim's Pride Corporation (“Pilgrim’s” or the “Company”) announced that Michael Cooper will retire from the Company's Board of Directors effective on April 27, 2022, the date of the next Annual Shareholders Meeting, following 13 years of service to Pilgrim's and over 25 years in the poultry industry.
A copy of the press release issued by the Company announcing Mr. Cooper's retirement is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ||PILGRIM’S PRIDE CORPORATION|
|Date: ||March 28, 2022||/s/ Matthew Galvanoni|
| ||Matthew Galvanoni|
Chief Financial Officer and Chief Accounting Officer
Pilgrim’s Pride Announces Michael Cooper to Retire from Pilgrim’s Board of Directors GREELEY, Colo., March 28, 2022 (GLOBE NEWSWIRE) – Pilgrim’s Pride Corporation (Nasdaq: PPC) (“Pilgrim’s” or the “Company”) today announced that Michael Cooper will retire from the Pilgrim’s Board of Directors (the “Board”) effective on April 27, 2022, the date of the next Annual Shareholders Meeting, following 13 years of service to Pilgrim’s and over 25 years in the poultry industry. Initially appointed by the U.S. Bankruptcy Court as one of a two-member equity committee, Mr. Cooper was a key influence behind the Company’s emergence from bankruptcy while retaining the viability of Pilgrim’s initial stock. Gilberto Tomazoni, Chairman of the Board, noted, “As an independent equity director, Michael did an outstanding job as Chairman of the Audit Committee, and as a member of the Equity Nominating Committee and Compensation Committee. In his role on the Board, he is credited with helping us drive the strategic direction of the company through both generic and acquisition-related growth. He will be missed on the Board. We wish him all the best as he begins this next chapter of his life.” ### About Pilgrim’s Pride Pilgrim’s employs more than 59,000 team members and operates protein production facilities in 14 states, Puerto Rico, Mexico, the U.K. and continental Europe. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com. Contact: Nikki Richardson Corporate Communications email@example.com