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SEABOARD FOODS NAMES CHAD GROVES AS PRESIDENT AND CEO TO SUCCEED PETER BROWN AFTER RETIREMENT

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Seaboard appoints Chad Groves as the next President and CEO of Seaboard Foods , succeeding Peter Brown who will retire in June 2024. Groves brings extensive experience in the protein industry, leading various sales and marketing teams.
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MERRIAM, Kan., March 25, 2024 /PRNewswire/ -- Seaboard Corporation (NYSE American: SEB) today announced that it has named Chad Groves as the next President and Chief Executive Officer of its pork division, Seaboard Foods LLC (Seaboard Foods), to succeed Seaboard Foods' current President and Chief Executive Officer, Peter Brown, who announced that he will be retiring, effective June 28, 2024.

Mr. Brown joined Seaboard Foods in January 2021 after more than 30 years of executive leadership experience in the protein industry, including leadership positions with Butterball and High Liner Foods. Seaboard would like to thank Mr. Brown for his leadership of the organization over the past three years.

"Peter was a key leader on Seaboard's executive management team and we wish him all the best in his upcoming retirement," said Seaboard Corporation President and Chief Executive Officer, Bob Steer.

Mr. Groves has served as Senior Vice President of Global Sales, Marketing, & Innovation at Seaboard Foods since July 2021, where he has led the retail, foodservice, export, processor sales, marketing, sustainability, and innovation teams. Before joining Seaboard Foods, Mr. Groves was most recently the Vice President of Sales – Retail & Foodservice at Trilliant Food & Nutrition LLC and, prior to that, Vice President of Field Sales – Foodservice at High Liner Foods.

Mr. Groves holds a Bachelor of Science in selling and sales management from Purdue University and an MBA from University of North Carolina at Chapel Hill. He is a member of the Board of Directors and serves as Treasurer for the National Pork Board.

About Seaboard Corporation:
Seaboard Corporation is a diversified international agribusiness and transportation company, primarily engaged in domestic pork production and processing and cargo shipping. Overseas, Seaboard is primarily engaged in commodity merchandising, flour and feed milling, sugar and alcohol production and electric power generation.

About Seaboard Foods:
As part of a uniquely connected food system, Seaboard Foods relentlessly seeks a better way to produce wholesome Prairie Fresh® pork by purposely connecting every step between its farms and family tables around the world. Seaboard Foods' continued commitment to creating the most sought-after pork ensures the well-being of its animals, the environment, employees and the communities they call home. Headquartered in the Kansas City metropolitan area, products sold internationally are marketed under the Prairie Fresh® and Seaboard Foods® brands.

Cision View original content:https://www.prnewswire.com/news-releases/seaboard-foods-names-chad-groves-as-president-and-ceo-to-succeed-peter-brown-after-retirement-302098625.html

SOURCE Seaboard Corporation

Chad Groves has been named as the next President and Chief Executive Officer of Seaboard Foods

Peter Brown will retire effective June 28, 2024.

Chad Groves has extensive experience in the protein industry and has led various sales and marketing teams before joining Seaboard Foods.

Chad Groves holds a Bachelor of Science in selling and sales management from Purdue University and an MBA from University of North Carolina at Chapel Hill.
Seaboard Corp.

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About SEB

seaboard corporation is a unique company with a rich history dating back more than 90 years. although the company has evolved over time through acquisitions, partnerships and internal growth, its roots are in grain and agriculturally derived products. common to all our endeavors, we strive to distinguish ourselves in the industries we select. seaboard corporation is a diverse global agribusiness and transportation company. in the united states, seaboard is primarily engaged in pork production and processing and ocean transportation. overseas, seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electric power generation. seaboard also has an interest in turkey operations in the united states. seaboard corporation directly or indirectly employs more than 25,000 people worldwide. we are #417 on the 2015 fortune 500 list with net sales of approximately $6.5 billion annually. seaboard is traded on the nyse alternext exchange under the symbo