JBS Returns Leadership to Batista Clan as Scion Named Next CEO

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessJBS Returns Leadership to Batista Clan as Scion Named Next CEOThe world’s largest meat supplier, JBS NV, will be led once again by a member of Brazil’s Batista family, a pivotal move for a global food powerhouse that’s increasingly focused on the US.Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.JBS NV signage at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, June 25, 2025. JBS NV shares started trading in New York on June 13, giving the world's largest meat producer a market value of about $15 billion as it culminated a years-long effort to reach a broader pool of investors. Photographer: Michael Nagle/Bloomberg Photo by Michael Nagle /Bloomberg(Bloomberg) — The world’s largest meat supplier, JBS NV, will be led once again by a member of Brazil’s Batista family, a pivotal move for a global food powerhouse that’s increasingly focused on the US.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountWesley Batista Filho will take over as global chief executive officer starting January, after spending the past three years leading the company’s US division, according to a Monday filing with regulators. He is the grandson of JBS founder Jose Batista Sobrinho and son of former top executive Wesley Batista.“It’s a natural transition, and we are carrying on the legacy,” Batista Filho said in an interview on Monday before JBS was scheduled to report second-quarter earnings.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe move returns a member of the Batista clan back to the top spot for the first time in about eight years. The family has gained global prominence over the last two decades, transforming their Brazilian slaughterhouse business into an empire spanning meatpacking and energy to mining, finance and consumer goods.Batista Filho will replace Gilberto Tomazoni, who in 2018 became JBS’s first CEO from outside the Batista bloodline after a corruption scandal ensnared the two most high-profile family members: the billionaire brothers Wesley and Joesley Batista. The transition was planned for years, said Tomazoni, who will stay at the company as a vice chairman. JBS hasn’t announced details on the future of leadership at the US operation.Batista Filho is part of a younger generation who has taken on a more prominent role as the family grows its investments. In the US, he has led the division through a period of market turmoil when a slow rebuild of the American cattle herd kept supplies tight. He’ll now take over a company that’s expanding globally, having recently made deals to grow operations in the Middle East and Southeast Asia. Still, the US business remains a key focus, with a recent listing of shares in the US bringing the company closer to New York investors.—With assistance from Rachel Gamarski.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.