Tuesday, January 27, 2009

Court Approves Jackson To Head Pilgrim's Pride

U.S. Bankruptcy Court approves Don Jackson as President and Chief Executive Officer of Pilgrim's Pride

PITTSBURG, TX., Jan. 27 -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) today announced that the United States Bankruptcy Court for the Northern District of Texas has approved the Company's hiring of Don Jackson as president and chief executive officer.

As previously announced, Dr. Jackson had joined the company on an interim basis last month. Prior to accepting his position with Pilgrim's Pride, he served as president of Foster Farms' poultry division, a leading poultry producer on the West Coast.

Pilgrim's Pride filed voluntary Chapter 11 petitions on December 1, 2008. The Chapter 11 cases are being jointly administered under case number 08-45664. The Company's operations in Mexico and certain operations in the United States were not included in the filing and continue to operate as usual outside of the Chapter 11 process.

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