BNET Industries
Market Cap:$807.0M
Last Fiscal Year Sales:$4.6B
- Public
- US
Dow Jones Description
Chiquita Brands International, Inc. is a leading international marketer and distributor of high-quality fresh and value-added food products - from energy-rich bananas and other fruits to nutritious blends of convenient green salads. The company markets its healthy, fresh products under the Chiquita(R) and Fresh Express(R) premium brands and other related trademarks. With annual revenues of nearly $4 billion, Chiquita employs approximately 23,000 people and has operations in more than 90 countries worldwide.
Chairman, President & CEO
Fernando AguirreNumber of Employees 23,000
Peer Companies
NAICS Code Fruit and Tree Nut Combination Farming: 111336
Recent Events
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Q3 profit for Chiquita despite weak sales
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Dole's $500 mln IPO faces concerns about debtload
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Marathon Oil, Chiquita: Ratings Changes
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Chiquita Brands International appoints new CEO
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Chiquita executive moves up to CFO spot
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UPDATE 3-Fruit producer Dole Food files for $500 mln IPO
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CFOs on the Move: Week Ending August 14
News & Analysis
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chiquita brands international inc. - All News and Analysis
Chiquita Brands International Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator InstructionsYour first question comes from Scott Mushkin - Jefferies. Scott Mushkin - Jefferies Just want to talk about two or three things. First of all, banana volumes in Europe. That seems to be falling sequentially down 15.5% I think if the latest quarter. Can we...
Chiquita Draws Heavy Call Buying
optionMONSTER submits: By Mike Yamamoto Chiquita Brands has pulled back from technical resistance, but at least one trader believes that the stock will break through those price levels in the near term. by optionMONSTER
Chiquita Brands: Options Suggest Top Is Near
optionMONSTER submits: By David Russell Chiquita Brands CQB has been screaming higher over the past month, and now options action suggests the fruit importer is near the top. by optionMONSTER
Chiquita Sell-Off Is Bananas
Benjamin Mackovak submits: Chiquita CQB reported Q4 2008 results last week which missed analyst expectations due primarily to lower salad sales more on that, foreign exchange headwinds, and an $8m expense from flooding in Panama and Costa Rica. CQB also took a $375m goodwill impairment charge...
Chiquita Brands International, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Jonathan Feeney - Janney Montgomerry Scott LLC. John DeMarco - Janney Montgomerry Scott LLC This is actually John DeMarco on behalf of Jonathan. I know you gave the number. I missed it. The...
Chiquita Brands International, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions We will take our first question from Vincent Andrews with Morgan Stanley. Vincent Andrews – Morgan Stanley Hi. Good morning, everyone, or good afternoon. I keep saying that. Sorry. Good afternoon. Jeffrey Zalla Hi, Vincent. Vincent Andrews – Morgan Stanley ...
Chiquita Brands International, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions We’ll take our first question from Bryan Hunt with Wachovia. Bryan Hunt - Wachovia Securities I was just wondering if you could describe in a little bit more detail what happened in the salad segment and what was the main driver behind the...
Chiquita Brands International, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions We'll go first to Jonathan Feeney from Wachovia. John San Marco – Wachovia Securities Good afternoon, this is actually John San Marco [ph] on behalf of Jonathan Feeney. Congratulations on a good quarter. Fernando Aguirre Thank you, John. ...
IMC Licensing Announces Representation of Chiquita
LOUISVILLE, Ky. -- IMC Licensing, the nation's leading full-service licensing agency specializing in consumer product brands, announced today that it has entered into a representation agreement with Chiquita Brands International, Inc., a leading international marketer and distributor of high-quality fresh fruits and vegetables. IMC Licensing will develop a strategic licensing...
Chiquita Reaches Strategic African Sourcing Agreements With ESCOM and Matanuska Africa Limited.
CINCINNATI, March 4 /PRNewswire/ -- - Represents Significant Diversification in Chiquita's Geographic Sourcing - - Projects in Angola and Mozambique to Create 6,000 New Jobs - Chiquita Brands International, Inc. (NYSE: CQB) today announced long-term strategic...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Shannon Burket | President |
| Brian W. Kocher | Chief Accounting Officer |
| Larry Buresh | Chief Information Officer |
| Manjit Singh | CIO & Vice President |
| Michael Sims | Senior Vice President & Chief Financial Officer |
| Vanessa L. Vargas-Land | Vice President & Chief Compliance Officer |
| Waheed Zaman | CIO & Senior Vice President, Supply Chain & Global Procurement |
| James E. Thompson | General Counsel, Secretary & Senior Vice President |
| Kevin Holland | Senior Vice President, Hr |
| Manuel Rodriguez | Senior Vice President, Govt & Intl Affairs |
| Anne L. Gehring | Vice President, Business Development |
| Jeff E. Filliater | Vice President, Global Strategy |
| Joe Huston | Vice President, Marketing |
| Michael J. Holcomb | Vice President, Corp Sales |
| Scott Komar | Vice President, Global Strategy |
| Steven G Warshaw | Vice President of Corporate Planning |
| William A. Tsacalis | Treasurer & Vice President, Finance |
| Mark Campbell | Communications Director |
| Matt Lieser | Grant Management Director |
| Michael Mitchell | Director, Corp Communications |
| Barbara Wagner | Associate General Counsel |
| Joe Piening | Financial Analyst |
| Jacquelyn Ducat | Treasurer |
| Robert Olson | Secretary |
| Wendy Roy | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Fernando Aguirre | Chairman, President & CEO |
| Morten Arntzen | Nominating & Governance Committee Chairman |
| Steven P. Stanbrook | Compensation & Organization Development Committee Chairman |
| Clare M. Hasler | Board of Directors |
| Durk I. Jager | Board of Directors |
| Howard W. Barker | Board of Directors |
| Jaime Serra | Board of Directors |
| Jeffrey D. Benjamin | Board of Directors |
| Jeffrey M. Zalla | Board of Directors |
| Kerrii B. Anderson | Board of Directors |
| Robert W. Fisher | Board of Directors |
| William H. Camp | Board of Directors |
Mr. Aguirre has been Chairman of the Board, Chief Executive Officer, and President of Chiquita Brands International, Inc., an international marketer, producer, and distributor of bananas and other fresh produce, since January 2004. From July 2002 to January 2004, he served as President, Special Projects, for The Procter & Gamble Company ("P&G"), a manufacturer and distributor of consumer products; from July 2000 to June 2002, he was president of the Global Feminine Care business unit of P&G. He has been a member of our board of directors since 2005. Age 50.
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Chairman, President & CEO | Current |
| Chiquita Brands Inc. | President & Chief Executive Officer | Current |
| Chiquita Brands Inc. | Chairman | Current |
| Coca-Cola Enterprises Inc. | Board of Directors | Current |
| Procter & Gamble | President | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | President | Current |
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Chief Accounting Officer | Current |
| Chiquita Brands International, Inc. | Vice President | Current |
| Chiquita Brands International, Inc. | Controller | Current |
Larry Buresh became our Senior Vice President and Chief Information Officer in November 1998. Prior to that, Mr. Buresh was Vice President and Chief Information Officer of Chief Auto Parts, Inc. from 1995 to November 1998. From 1994 to 1995, Mr. Buresh was Senior Director of Central Information Services for Sears, Roebuck & Co. From 1986 to 1994, Mr. Buresh was Vice President and Chief Information Officer of Frank's Nursery & Crafts, Inc. Prior to that, Mr. Buresh was Vice President of Management Information Services for Ben Franklin Stores Company. Mr. Buresh is also a director of Mobile Productivity Incorporated and Association for Retail Technology Standards.
| Organization | Position | Status |
|---|---|---|
| CSK Auto Inc. | Senior Vice President, CIO | Current |
| Chiquita Brands International, Inc. | Chief Information Officer | Current |
| Chiquita Brands International, Inc. | Senior Vice President | Former |
| Ben Franklin Stores | Vice President of Management Information Services | Former |
| Central Information Services, Inc. | Senior Director | Former |
| Sears, Roebuck & Co. | Senior Director of Central Information Services | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | CIO & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Senior Vice President & Chief Financial Officer | Current |
| Chiquita Brands International, Inc. | Chief Financial Officer, European Operations | Former |
| Chiquita Brands International, Inc. | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Vice President & Chief Compliance Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | CIO & Senior Vice President, Supply Chain & Global Procurement | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | General Counsel, Secretary & Senior Vice President | Current |
| Chiquita Brands International, Inc. | Secretary | Current |
| Chiquita Brands International, Inc. | Chief Compliance Officer | Former |
| Alticor Inc. | Chief Legal Officer | Former |
| McLeodUSA Incorporated | Group Vice President | Former |
| Alticor Inc. | Associate General Counsel | Former |
| McLeodUSA Incorporated | General Counsel | Former |
| Chiquita Brands International, Inc. | General Counsel | Former |
| Alticor Inc. | Director | Former |
| McLeodUSA Incorporated | Secretary | Former |
| University of Michigan | Bachelor's Degree In History | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Senior Vice President, Hr | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Senior Vice President, Govt & Intl Affairs | Current |
| Chiquita Brands International, Inc. | Corporate Responsibility Officer | Former |
| University of Puerto Rico | J.D. Degree | Former |
| Columbia University | Master of Laws Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Vice President, Global Strategy | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Vice President, Marketing | Current |
| Michigan State Housing Development Authority | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Vice President, Corp Sales | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Vice President, Global Strategy | Current |
Mr. Warshaw joined Chiquita Brands International in 1986 as Vice President of Corporate Planning and served as President and Chief Executive Officer from 2001 to 2002 and as President and Chief Operating Officer from 1997 to 2001. Mr. Warshaw also served on the Board of Directors of Chiquita Brands from 1997 to 2002. Previously, Mr. Warshaw was Senior Vice President and Chief Financial Officer with American Cellular Telephone Corporation. Mr. Warshaw spent seven years with Coopers & Lybrand CPAs as Tax Manager and Audit Supervisor.
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Vice President of Corporate Planning | Current |
| Tri-Artisan Capital Partners, LLC | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Treasurer & Vice President, Finance | Current |
| Chiquita Brands International, Inc. | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Communications Director | Current |
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Grant Management Director | Current |
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Director, Corp Communications | Current |
| Chiquita Brands International, Inc. | Director, Corp Communications | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Associate General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| Walnut Hills High School Eagle Football | Assistant Coach | Current |
| Chiquita Brands International, Inc. | Financial Analyst | Current |
| University of Cincinnati | Former |
| Organization | Position | Status |
|---|---|---|
| Overseas Shipholding Group, Inc. | President | Former |
| Osg Lightering LLC | President and Chief Executive Officer | Current |
| Osg America L.P. | Chairman | Current |
| Chiquita Brands International, Inc. | Nominating & Governance Committee Chairman | Current |
| Celebrity Vineyards | Director | Current |
| Freedom of The Seas | Director | Current |
| Fwo Travel | Director | Current |
| Royal Caribbean International | Director | Current |
| Overseas Shipholding Group, Inc. | Board of Directors | Current |
| Sandra Catron | Board of Directors | Current |
| Incredible Cruising | Director | Current |
| Ronald King and Family | Director | Current |
| Osg Lightering LLC | Board Member | Current |
| Chemical Banking Corporation | Head, Global Transportation Group | Former |
| Chiquita Brands International, Inc. | Board of Directors | Former |
| Columbia University | Master of International Affairs | Former |
| Ohio Wesleyan University | Bachelor of Arts | Former |
| Chemical Banking Corporation | Team Member | Former |
Mr. Stanbrook has been President, Developing Markets Platform, of S.C. Johnson & Son, Inc., a manufacturer of consumer products, since July 2006. Before that he was President - Asia and Americas, from January 2005 to July 2006. From 2003 to December 2004 he was President, Asia and from 1996 to 2002, Mr. Stanbrook was President of S.C. Johnson’s business in Europe, Africa, and Near East. Mr. Stanbrook is also a director of Hewitt Associates, Inc.
| Organization | Position | Status |
|---|---|---|
| S.C. Johnson & Son, Inc. | President, Asia and Americas | Current |
| Chiquita Brands International, Inc. | Compensation & Organization Development Committee Chairman | Current |
| Hewitt Associates LLC | Board of Directors | Current |
| Sara Lee Corporation | CEO | Former |
| Compuserve Interactive Services, Inc. | CEO | Former |
| Sara Lee Corporation | President | Former |
| Compuserve Interactive Services, Inc. | President | Former |
| Chiquita Brands International, Inc. | Board of Directors | Former |
Executive Director, Robert Mondavi Institute for Wine and Food Science at the University of California at Davis Dr. Hasler has been Executive Director of the Robert Mondavi Institute for Wine and Food Science at the University of California, Davis since February 2004. From 1997 to January 2004 she was assistant professor in the Department of Food Science and Human Nutrition at the University of Illinois at Urbana-Champaign. Dr. Hasler holds a dual doctoral degree in environmental toxicology and human nutrition.
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Board of Directors | Current |
Mr. Jager has been a private investor and consultant since July 2000. He was Chairman of the Board of P&G from September 1999 to July 2000 and was P&G’s Chief Executive Officer from January 1999 until July 2000. Mr. Jager served P&G in various capacities from 1970 to 2000. Mr. Jager is also a member of the Supervisory Board of Royal KPN and chairman of the supervisory board of Royal Wessanen NV.
| Organization | Position | Status |
|---|---|---|
| Polycom, Inc. | Board of Directors | Current |
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Procter & Gamble | CEO | Former |
| Procter & Gamble | president | Former |
| Procter & Gamble | vice president | Former |
| Procter & Gamble | chairman | Former |
| Eastman Kodak Company | Board of Directors | Former |
Mr. Barker was employed by KPMG LLP from July 1972 and served as a partner of KPMG LLP from July 1982 until he retired in September 2002. He is a member of the American Institute of Certified Public Accountants, the Connecticut Society of Certified Public Accountants and the Florida Institute of Public Accountants. Mr. Barker is also a director of priceline.com Incorporated and Medco Health Solutions, Inc.
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Travel Technology | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| The Trilateral Commission | Board of Directors | Current |
| Regional Market Makers | Board Member | Current |
| Southern Peru Copper Corp. | Board Member | Current |
| Chiquita Brands International, Inc. | Board of Directors | Current |
| The Mexico Fund, Inc | Board Member | Current |
Jeffrey D. Benjamin became one of our directors in October 2005 and was previously one of our directors from August 1998 through July 2003 and a director of our parent holding company from July 2003 through its merger into us. Mr. Benjamin has been a Senior Advisor to Apollo Management, LP since September 2002. He had previously been a Managing Director of Libra Securities LLC, an investment banking firm, from January 2002 to September 2002 and served as Co-Chief Executive Officer of Libra Securities from January 1999 to December 2001. Mr. Benjamin is also a director of Dade Behring Holdings Inc., NTL Incorporated and Goodman Global, Inc.
| Organization | Position | Status |
|---|---|---|
| Dade Behring Holdings, Inc. | Director | Current |
| Ntlpa | Director | Current |
| Mandalay Resort Group Inc | Board of Directors | Current |
| McLeodUSA Incorporated | Board of Directors | Current |
| NTL Incorporated | Board of Directors | Current |
| Chiquita Brands International, Inc. | Board of Directors | Current |
| EXCO Resources, Inc. | Board of Directors | Current |
| Libra Securities, LLC | Co-Chief Executive Officer | Former |
| Libra Securities, LLC | Managing Director | Former |
| EXCO Resources, Inc. | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Chiquita Brands International, Inc. | Senior Vice President & Chief Financial Officer | Former |
| Chiquita Brands International, Inc. | Corporate Responsibility Officer | Former |
| University of Pennsylvania | CPA | Former |
| Thomas More College | Bachelor of Arts Degree In Business Administration and Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Tim Hortons Inc. | Board of Directors | Current |
| Wendy's/Arby's Group, Inc. | Board of Directors | Current |
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Wendy's/Arby's Group, Inc. | President & Chief Executive Officer | Former |
| Wendy's/Arby's Group, Inc. | CFO | Former |
| Tim Hortons Inc. | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Secretary | Current |
| Chiquita Brands International, Inc. | General Counsel, Senior Vice President & Secretary | Former |
| Chiquita Brands International, Inc. | General Counsel | Former |
Former Acting Chief Operating Officer; more than 35 years senior management experience at various banana companies, including Dole, Geest and Noboa. Mr. Fisher has been a private investor since 1998. From 1991 to 1993 and from 1996 to 1998, Mr. Fisher served as Chief Operating Officer of The Noboa Group’s banana operations. He was President and a director of Geest Banana Company from 1993 to 1995. Before joining The Noboa Group, Mr. Fisher spent 25 years at Dole Food Company, including the last four years as its President.
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Board of Directors | Current |
| Dole Food Company, Inc. | President | Former |
| Chiquita Brands International, Inc. | Acting Coo | Former |
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Secretary | Current |
Mr. Camp was employed as Executive Vice President, Asia Strategy of Archer Daniels Midland Company (ADM), an agricultural processing company and manufacturer of value-added food and feed ingredients, from August 2007 until he retired in December 2007. Mr. Camp served ADM as Executive Vice President, Processing from January 2004 to August 2007 and as Senior Vice President, Global Oil Seeds, Cocoa and Wheat Milling from January 2002 to December 2004. Mr. Camp spent more than 20 years at ADM in a variety of management positions.
| Organization | Position | Status |
|---|---|---|
| Chiquita Brands International, Inc. | Board of Directors | Current |
| ADM North American Oilseed Processing Division | President | Former |
| Archer Daniels Midland Co. | Executive Vice President & Senior Vice President | Former |
Executive News
-
CFOs on the Move: Week Ending August 14
-
Chiquita executive moves up to CFO spot
-
Chiquita Brands International appoints new CEO
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