September 23, 2008


Godrej Tyson Foods appoints new CEO

Mumbai-based Godrej Tyson Foods, a joint venture between Tyson and agribusiness firm Godrej Agrovet, has appointed Malik Sadiq as its chief executive officer (CEO).


Malik originally joined Tyson as senior director in the corporate strategy and development department and took over as the company's vice president last year.


Tyson has a 51 percent stake in Godrej Tyson Foods.


The venture includes one chicken processing facility in Mumbai, in western India, and another in Bangalore, in the southern part of the country. The two plants have a combined production capacity of 60,000 birds per day. The Godrej processing operations are supplied by six contracted hatcheries and a network of contracted broiler operations, which produce live birds to the company's specifications.


Annual sales for the venture are initially expected to be in the range of US$50 million and are anticipated to grow as operations are expanded.

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