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JBS (JBS) taps Wesley Batista Filho as Global CEO after 73% revenue rise

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

JBS N.V. reported that it issued an earnings release for the quarter ended June 30, 2026, and detailed a planned leadership transition. The company will appoint Wesley Batista Filho, 34, as Global CEO effective January 2027. He has spent 15 years at JBS in senior roles, including CEO of JBS Brazil, President of Seara and, since 2023, CEO of JBS USA. The filing states there are no arrangements or related party transactions requiring disclosure in connection with his appointment, and that he will receive a base salary, annual bonus eligibility and equity awards under the long-term incentive plan.

Gilberto Tomazoni, 67, will step down as Global CEO in January 2027 after 14 years with the company, including eight as Global CEO, and will become Vice Chairman of the Board and Senior Advisor while remaining Chairman of Pilgrim’s Pride Corporation. During his tenure, JBS revenue grew 73%, from US$49.7 billion to US$86.2 billion, and the company obtained investment-grade status and a New York Stock Exchange listing.

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Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Incoming CEO age 34 Age of Wesley Batista Filho, who will become Global CEO in January 2027
Outgoing CEO tenure as Global CEO 8 years Period Gilberto Tomazoni served as Global CEO within 14 years at JBS
Revenue at start of referenced period US$49.7 billion JBS revenue before the 73% growth cited during Tomazoni’s tenure
Revenue at end of referenced period US$86.2 billion JBS revenue after 73% growth during Gilberto Tomazoni’s tenure
Revenue growth during tenure 73% Increase in JBS revenue during the period highlighted under Tomazoni
Employees worldwide more than 282,000 Global workforce size of JBS across over 20 countries
JBS USA facilities more than 60 Number of beef, pork, poultry, prepared foods and other facilities of JBS USA
JBS USA team members 70,000 Number of team members at JBS USA across 31 states
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
investment-grade status financial
"invested in biotechnology, achieved investment-grade status and successfully"
long-term incentive plan financial
"annual equity-based grants pursuant to the Company’s long-term incentive plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure. On August 10, 2026, the Company"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
ultimate controlling shareholders financial
"together are the Company’s ultimate controlling shareholders"

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FAQ

What leadership change did JBS (JBS) announce on August 10, 2026?
JBS announced that Wesley Batista Filho will become Global CEO effective January 2027, succeeding Gilberto Tomazoni, who will move to roles as Vice Chairman of the Board and Senior Advisor.

Who is Wesley Batista Filho, the incoming Global CEO of JBS (JBS)?
Wesley Batista Filho is a longtime JBS executive with 15 years at the company, having led JBS Brazil, Seara and, since 2023, JBS USA, the company’s largest global platform by revenue.

What role will current JBS (JBS) CEO Gilberto Tomazoni have after January 2027?
Gilberto Tomazoni will become Vice Chairman of the Board and Senior Advisor, remain Chairman of Pilgrim’s Pride Corporation, and chair the J&F Institute after stepping down as Global CEO in January 2027.

How did JBS revenue change during Gilberto Tomazoni’s tenure as CEO?
During Tomazoni’s leadership, JBS revenue grew 73%, rising from US$49.7 billion to US$86.2 billion, while the company expanded its portfolio, invested in biotechnology and achieved investment-grade status.

What financial information did JBS (JBS) provide with this 8-K filing?
JBS stated it issued an earnings release for the quarter ended June 30, 2026, attached as Exhibit 99.1, but only summarized the release here without detailing specific quarterly financial figures.

How large is JBS’s global footprint according to the August 2026 disclosure?
JBS employs more than 282,000 people, operates in over 20 countries, and reaches consumers in 180 countries with a diversified portfolio of meat and plant-based protein brands and related businesses.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 10, 2026

 

JBS N.V.

(Exact name of registrant as specified in its charter)

 

Netherlands   001-42678   98-1861274
(State or other jurisdiction
of incorporation)		   (Commission File Number)   (IRS Employer
Identification No.)

 

Stroombaan 16, 5th Floor

 Amstelveen, Netherlands

   1181 VX
(Address of principal executive offices)   (Zip Code)

 

+31 20 656 47 00
(Registrant’s telephone number, including area code)

 

N/A
(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 (see General Instruction A.2):

 

☐ 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))

 

 Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading Symbol(s)

  

Name of each exchange on which registered

Class A common shares, par value €0.01 per share   JBS   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company 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 2.02. Results of Operations and Financial Condition.

 

On August 10, 2026, JBS N.V. (the “Company”) issued an earnings release announcing its results for the quarter ended June 30, 2026. A copy of the earnings release is attached hereto, furnished as Exhibit 99.1 hereto and incorporated in this Item 2.02 by reference.

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 10, 2026, the Company announced that Mr. Wesley Batista Filho, 34, will become Global CEO of the Company, effective January 2027, as part of a planned leadership transition. Mr. Batista Filho began his career at JBS 15 years ago and has held leadership roles across the Company's global operations, including as CEO of JBS Brazil, President of Seara and, since 2023, CEO of JBS USA. Mr. Batista Filho is the son of Mr. Wesley Mendonça Batista and the nephew of Mr. Joesley Mendonça Batista, each of whom is a non-executive director of the Company and together are the Company’s ultimate controlling shareholders. There are no arrangements or understandings between Mr. Batista Filho and any other person pursuant to which he was appointed as an officer of the Company, and there are no related party transactions involving Mr. Batista Filho that require disclosure pursuant to Item 404(a) of Regulation S-K. Mr. Batista Filho will be paid an annual base salary and will be eligible to receive annual cash bonuses, annual equity-based grants pursuant to the Company’s long-term incentive plan and participate in the Company’s other benefit plans.

 

Concurrently, the Company announced that Mr. Gilberto Tomazoni, 67, will step down as Global CEO beginning in January 2027 after 14 distinguished years with the Company, including eight years as Global CEO. Mr. Tomazoni will oversee the leadership transition over the next five months before assuming the role of Vice Chairman of the Board of Directors of the Company and Senior Advisor. He will also continue to serve as Chairman of the Board of Directors of the Company’s subsidiary Pilgrim’s Pride Corporation (PPC) and will become Chairman of the J&F Institute, an institution dedicated to developing the next generation of business leaders. Mr. Tomazoni’s transition is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

 

Item 7.01. Regulation FD Disclosure.

 

On August 10, 2026, the Company issued a press release announcing the leadership transition described in Item 5.02 above. A copy of the press release is furnished as Exhibit 99.2 hereto and is incorporated in this Item 7.01 by reference.

 

The information contained in Items 2.02 and 7.01, and the accompanying Exhibits 99.1 and 99.2, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), nor shall such information be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, regardless of the general incorporation language of such filing, except as shall be expressly set forth by specific reference in such filing.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Earnings release announcing JBS N.V.’s results for the quarter ended June 30, 2026.
99.2   Press release issued by JBS N.V. on August 10, 2026.
104   Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).

 

1

 

 

SIGNATURES

 

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 thereunto duly authorized.

 

Date: August 10, 2026

 JBS N.V.
   
  /s/ Gilberto Tomazoni
  Name: Gilberto Tomazoni
  Title: Executive Director and Global Chief Executive Officer
   
  /s/ Guilherme Perboyre Cavalcanti
  Name: Guilherme Perboyre Cavalcanti
  Title: Global Chief Financial Officer and Investor Relations Officer

 

2

 

Exhibit 99.2

 

Tomazoni to Become JBS Vice Chairman

 

Wesley Batista Filho to Become JBS Global CEO

 

Amstelveen, Netherlands – August 10, 2026 – JBS N.V. announced today that Wesley Batista Filho will become Global CEO of the Company, effective January 2027. The appointment is part of a planned leadership transition and reflects the Company’s commitment to thoughtful succession planning. Batista Filho began his career at JBS 15 years ago and has held leadership roles across the Company’s global operations, including as CEO of JBS Brazil, President of Seara and, since 2023, CEO of JBS USA.

 

Gilberto Tomazoni will step down after 14 distinguished years with the Company, including eight years as Global CEO. Having led JBS through one of the most transformative periods in its history, Tomazoni will oversee the leadership transition over the next five months before assuming the role of Vice Chairman of the Board and Senior Advisor. He will also continue to serve as Chairman of the Board of Pilgrim’s Pride Corporation (PPC) and will become Chairman of the J&F Institute, an institution dedicated to developing the next generation of business leaders.

 

During Tomazoni’s tenure, JBS evolved into a more diversified, resilient and global food company. Revenue grew 73%, from US$49.7 billion to US$86.2 billion, the Company expanded into new protein categories, strengthened its portfolio of branded and value-added products, invested in biotechnology, achieved investment-grade status and successfully completed its listing on the New York Stock Exchange, positioning JBS for its next phase of growth.

 

“I’m honored to take on this responsibility and build on the extraordinary work accomplished by Tomazoni during his tenure as CEO. Having worked alongside him for more than a decade, Tomazoni and I have built a great working relationship and a shared vision – grounded in the Company’s values. Our priorities remain clear: supporting our team members, serving our customers and producer partners, operating with excellence and creating long-term value for our shareholders. I look forward to working with our teams around the world as we continue building an even stronger JBS”, said Wesley Batista Filho.

 

“Wesley has a track record of success at JBS and knows our business deeply. He started at the ground level of operations, going on to lead JBS Brazil and Seara to excellent results. Over the past three years, he has led JBS in the United States, where we generate more than half of our revenue, building a stronger, more competitive business and delivering important strategic advances across our operations. I’m confident he is the right leader to guide JBS through its next chapter. He understands our business, our culture and our people, and I believe he will continue building on our strong foundation while leading the Company to new opportunities for growth and value creation”, said Gilberto Tomazoni.

 

“It has been an honor to lead this great company over the past eight years. JBS is stronger, more diversified and better positioned for the future than at any point in its history. With a strong leadership team, a clear strategy and exceptional businesses around the world, I believe this is the right time for the Company to begin its next chapter under Wesley’s leadership. I am deeply grateful to our team members, customers, producer partners and shareholders for their trust and support throughout this journey. I wish Wesley every success”, Tomazoni added.

 

 

 

 

About Wesley Batista Filho

 

Wesley Batista Filho currently serves as JBS USA CEO, overseeing the company’s North American business since 2023. He began his career at JBS in 2011 as a trainee at the Greeley, Colo., beef facility before moving to São Paulo to work in the beef export division. From 2012 to 2013, he led the company’s beef operations in Uruguay and Paraguay. He then moved to Calgary, Alberta, where he served as President of JBS Canada from 2014 to 2015, before returning to Greeley to lead JBS USA Fed Beef, the company’s largest global business unit, from 2016 to 2017.

 

Wesley returned to São Paulo in 2017 to serve as CEO of JBS Brazil. In 2020, he became CEO of Seara, the company’s value-added, poultry and pork business in Brazil, in addition to his responsibilities as JBS Brazil CEO. In 2022, he assumed the role of Global President of Operations, overseeing the company’s global operational footprint, including in North America, South America, Oceania and Europe.

 

In 2023, Wesley returned to Greeley for a third time and was appointed CEO of JBS USA, the company’s largest global platform in terms of revenue. JBS USA is a leading American food company with more than 60 beef, pork, poultry, prepared foods and other food production facilities and 70,000 team members in 31 states.

 

About Gilberto Tomazoni

 

Gilberto Tomazoni spent 27 years at Sadia, where he began his career as an intern and later became CEO. He then spent three years at Bunge Alimentos as Vice President, leading the Food and Ingredients business, and also served as Executive Director for South and Central America. Tomazoni joined JBS in 2013 as Global President of the Poultry Business and later became President of Seara. In 2015, he was appointed Global President of Operations, in 2017 became Global COO, and in December 2018 was named Global CEO. He currently serves as a member of the Board of Directors of JBS N.V. He has also served as Chairman of the Board of Pilgrim’s Pride Corporation for 13 years.

 

About JBS

 

JBS is a leading global food company with a diversified portfolio of high-quality products, including poultry, pork, beef, lamb, fish and plant-based proteins. The company employs more than 282,000 people and operates in over 20 countries, including Brazil, the United States, Canada, the United Kingdom and Australia. Worldwide, JBS offers a broad portfolio of brands recognized for their excellence and innovation, including Friboi, Seara, Swift, Pilgrim’s Pride, Moy Park, Primo and Just Bare, among others, reaching consumers in 180 countries every day. The company also invests in related businesses, including leather, biodiesel, collagen, fertilizers, natural casings, solid waste management solutions, recycling and transportation, with a focus on the circular economy. Learn more at jbsglobal.com.

 

Contacts:

 

Nikki Richardson

Nikki.Richardson@jbssa.com

 

 

Source: View Original Filing on SEC EDGAR

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