Sanderson Farms Announces Retirement of Board Member Robert Khayat
December 23 2019 - 4:05PM
Business Wire
Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that Robert
C. Khayat has informed the Company that he will retire from the
Sanderson Farms Board of Directors effective December 31, 2019.
“Robert Khayat has been a valued member of the Sanderson Farms
Board of Directors since 2007,” stated Joe F. Sanderson, Jr.,
chairman and chief executive officer of Sanderson Farms, Inc. “He
brought a unique perspective to the Company with his extensive
academic leadership experience and distinguished legal career. He
brought to our Board the same commitment to diversity and inclusion
he demonstrated throughout his career. We are grateful for his
important work in serving on our Audit and Compensation Committees
and for his invaluable contributions toward building our corporate
culture and increasing long-term shareholder value. We will miss
his insight, advice and the thoughtful perspective he provided as a
Board member, and we wish Robert and his family all the best in his
retirement.”
Khayat is the Retired Chancellor of the University of
Mississippi. He held this leadership role from 1995 to 2009, where
he presided over a period of extensive growth and significant
transformation for the university. He previously served as
Professor of Law, University of Mississippi School of Law, from
1982 to 1995.
Sanderson Farms, Inc. is engaged in the production, processing,
marketing and distribution of fresh, frozen and minimally prepared
chicken. Its shares trade on the NASDAQ Global Select Market under
the symbol SAFM.
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Sanderson Farms (NASDAQ:SAFM)
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