The agreement follows Cargill’s May 2022 investment in Cubiq.

The company made the agreement with the plaintiffs on Feb. 28.

John Keating worked in leadership roles with Cargill for more than 30 years.

Joanne Knight was named CFO, and Philippa Purser head of strategy and global process leader.

The new leaders have decades of experience in the industry.

The meat industry veteran has worked for Cargill and JBS.

Ingredient innovations help processors achieve sodium reduction.

The transaction was first announced in November 2022.

Joanne Knight to fill in as acting chief financial officer.

Processors use ingredients to keep formed meats and meat alternatives juicy.