JBS, the world's largest meatpacker, has appointed Wesley Batista Filho as its new global CEO, effective January 2027. Filho, currently CEO of JBS USA, will succeed Gilberto Tomazoni. The company also reported an unexpected net loss of $102 million for the second quarter.

The leadership change at the world's largest meatpacker, coupled with a surprise quarterly loss, signals potential shifts in strategy and operational focus for the global food industry giant.
Brazil's JBS, the world's largest meatpacker, has named Wesley Batista Filho as its new global chief executive, effective January 2027. This marks the first CEO change in eight years and signifies the return of a founding family member to the group's top operating role. Filho, currently leading JBS USA, will succeed Gilberto Tomazoni, who will transition to vice chairman of the board and senior adviser. Filho, 34, has been with JBS since 2011, holding various leadership positions. The company also reported an unexpected net loss of $102 million for the second quarter, despite achieving record net revenue of $23.9 billion.