Billionaire Brothers to Join Board of Brazil Meat Giant JBS (1)

Brazilian billionaire brothers Joesley and Wesley Batista were named to the board of JBS SA, paving the way for their return to the family’s meat empire after years of absence following a massive corruption scandal.

The brothers will take two extra seats on the board of the world’s largest processor of animal protein, the company said in a filing late on Tuesday. Independent directors would still be the majority on the board, with seven of a total 11 seats, it said. The Batistas’ nominations are pending formal approval by shareholders at a meeting next month.

The brothers led JBS’s ...