Former Cargill CFO Sergio Rial will be the new CEO for Seara Foods, Marfrig Group announced Wednesday in a news release.
Rial will also chair the Seara Foods Executive Committee, newly created to support Marfrig Group president Marcos Molina.
This committee is made up of its executive officers and addresses financial management, budgets, strategic planning and other related items.
Seara Foods is the processed foods division of Marfig Group, which also includes Seara Brasil, Keystone Foods and MoyPark.
Rial will also transition to be CEO of Marfrig Group, effective on Jan. 1, 2014.
Rial has had professional experience in Brazil, U.S., Europe and Asia.
He most recently served as CFO of Cargill, where he held management positions during the last nine years.
He was leader of both the company’s food business group since 2004 and financial services businesses since 2009.
He later went to become senior vice president and member of the Cargill Leadership Team also in 2009.
