Chiquita's restructuring plan calls for new CEO
Chiquita's restructuring plan calls for new CEO
Chiquita Brands released financial and operating results for the second quarter of 2012 and announced restructuring activities designed to increase long-term profitability.
The company said that the restructuring will result in at least $60 million in annual savings, and that a focus on its core banana and salad businesses will be a key element to the plan.