JBS ANNOUNCES NEW CHIEF ETHICS & COMPLIANCE OFFICER
SÃO PAULO, Aug. 16, 2022 /PRNewswire/ -- JBS S.A. (the "Company" or "JBS" – B3: JBSS3; OTCQX: JBSAY), communicates to its shareholders and to the market that Michael Koenig has been named the Company's Chief Ethics and Compliance Officer. Since August 2021, Koenig served as the Head of Ethics and Compliance for Pilgrim's. He previously spent nearly 25 years as an attorney defending companies, individual executives and public officials in criminal, civil and regulatory investigations, and trials. Koenig was also a federal prosecutor at the Department of Justice in Washington, D.C.
In addition to Koenig's promotion, the Global Executive Compliance Committee was formed in June 2022. Its primary purpose is to help create a more uniform and consistent compliance program across all JBS entities, including Pilgrim's. The Committee is tasked with overseeing continued improvements and enhancements to the compliance program and promoting a company-wide culture of compliance for its employees, stakeholders, business associates and customers.
JBS is global leader in protein-based food production. With a global platform diversified by type of products (poultry, pork, beef and lamb), the Company has over 250,000 team members in production units and offices on all continents, in countries like Brazil, the United States, Canada, the United Kingdom, Australia, and China, among others. In Brazil, JBS is the country's largest employer, with over 145,000 team members. Worldwide, JBS offers an extensive portfolio of brands recognized for excellence and innovation: Seara, Swift, Pilgrim's Pride, Moy Park, Primo, and Just Bare, among many others, which find their way every day onto the tables of consumers in 190 countries. The Company is investing in correlated businesses like leather, biodiesel, collagen, personal hygiene and cleaning, natural wrapping, solid waste management solutions, recycling, metallic packaging and transport, with emphasis on the circular economy. JBS conducts its operations allocating priority to high quality and food safety, while adopting the best sustainability and animal welfare practices across its entire value chain and, in March 2021 it assumed the commitment to become Net Zero by 2040. This means that JBS will zero the net balance of its greenhouse gas emissions, reducing the intensity of the direct and indirect emissions and offsetting all residual emissions. JBS was the first global company in the protein sector to take on this commitment, with the intention of feeding people around the world in an increasingly sustainable manner.
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SOURCE JBS S.A.