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Smithfield Foods, Inc., is an American pork producer and food-processing company based in Smithfield, Virginia. It operates as an independent subsidiary of the multinational conglomerate WH Group. [ 4][ a] Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the ...
1474779 [4] Website. www.smithfieldva.gov. Smithfield is a town in Isle of Wight County, in the South Hampton Roads subregion of the Hampton Roads region of Virginia in the United States. The population was 8,533 at the 2020 census . The town is most famous for the curing and production of the Smithfield ham.
In fiscal year 2005, Smithfield posted a profit of $296.6 on gross sales of $11.4 billion. Luter earned a salary of $850,000 that year. Luter III announced in June 2006 that he would relinquish the title of chief executive officer of Smithfield Foods after serving in that position for 31 years to become non-executive chairman of the company.
Smithfield Packing Company. The Smithfield Packing Company sells meat products such as ham, ground pork, pork chops, bacon, and lunch meat. It sells its products worldwide. The company was founded in 1936. It is based in Smithfield, Virginia. It is part of Smithfield Foods which is in turn a subsidiary of WH Group. [1] [2] [3]
CEO and president of Smithfield Foods. Term. December 2015- January 2021. Successor. Dennis Organ. Board member of. Smithfield Foods. WH Group. Kenneth Marc Sullivan is an American businessman, and was the chief executive officer and president of Smithfield Foods from 2015 to November 2020.
Over the past 12 months, Smithfield Foods generated $403.8 million cash while it booked net income of $340.9 million. That means it turned 3.1% of its revenue into FCF. That sounds OK.
In December 2018, eight plaintiffs who live near a contract farm in Sampson County won a verdict against Smithfield Foods. Four plaintiffs received $100 in compensatory damages. Two won $1,000 in compensatory damages. One received $25,000 in compensatory damages. One elderly female plaintiff who lived close to the farm and grew up nearby was ...
The first record of the commercial sale of cured "Smithfield Ham" is a receipt to Ellerston and John Perot on the Dutch Caribbean Island of St Eustatius, dating from 1779. [1] The Isle of Wight County Museum holds P.D. Gwaltney Jr.'s "pet ham". It is thought to be the world's oldest ham, having been cured in 1902.
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