Smithfield Foods CEO Organ Steps Down After Less Than a Year (2)

Smithfield Foods Inc. said Chief Executive Officer Dennis Organ is stepping down for personal reasons after less than a year on the job.

The company named Shane Smith, a two-decade veteran of the world’s biggest pork packer, as president and CEO, Smithfield said Friday in a release.

It’s the latest shakeup at a company that’s been rocked by volatility the past 18 months. In April last year, then-CEO Ken Sullivan warned the country was “perilously close” to a meat shortage as Covid outbreaks shuttered plants around the country. After facilities reopened, the company later took out ...