“I can’t give a direct answer,” said Ed Lonergan, who started as CEO of the Charlotte-based company on Monday. “We feel confident we’ve got the right resources in the right place.”
He was brought in to oversee restructuring at the company, in which officials hope to save $60 million per year.
The company originally cut 310 jobs after announcing its plans to restructure in August.
“Our main job is to grow the business,” said Lonergan. “In business today, you don’t get a lot of time to learn the ropes,” he said.
The company has been in an earnings and revenue slide for several years. Sales fell from $3.5 billion in fiscal 2009 to $3.1 billion in 2011, and profits fell from $91 million to $57 million.
A major part of the restructuring plan is to focus on the core aspects of the business - bananas and salads.
