The discovery of foreign material triggered the recall of some chicken and beef products.

CEO Sean Connolly said it will take time to rebuild the business.

JM Swank transports 800 million lbs. of product each year and provides expertise in sourcing, distribution and logistics to customers nationwide.

Led company through period of transformational growth.

John Gehring joined the company in 2002.

The acquisition price is approximately $340 million.

Johan Nystedt to newly combined role of treasurer and investor relations officer.

Third quarter earnings reflect progress in reviving the Consumer Brands and Commercial Foods businesses.

The company is calling on Congress to establish a national GMO labeling solution.

CEO: ‘There could be divestitures at some point.’