Here’s a round-up of the latest company news in the pork industry.
DSM Releases Updated Optimum Vitamin Nutrition Guidelines
Royal DSM, a global science-based company focused on nutrition and health, has updated its OVN Optimum Vitamin Nutrition guidelines to deliver more sustainable animal production practices. OVN Optimum Vitamin Nutrition guidelines help producers improve animal health and welfare by providing animals with high-quality vitamins in the optimal amount, the company said in a release.
Vitamin levels require regular review and the new 2022 OVN guidelines ensure producers have access to the most reliable information to make informed decisions around these adjustments. The OVN guidelines can be adapted across all animal species, achieving peak health and performance across the board to achieve more sustainable animal production, the company said. To meet rising demand for livestock, DSM worked with researchers and nutritionists to develop new guidelines which identify the best vitamin and feed pairings, ensuring the best nutritional content is delivered. These guidelines have been built upon more than 100 years of experience within the nutrition industry amid extensive research and development.
Han Lee, Sr. Director of Essential Products, DSM North America, said in a release, “As the industry leader in animal nutrition, we are extremely proud to share these updated OVN Optimum Vitamin Nutrition® guidelines. These will allow producers to better understand the importance of vitamin levels in feed and, importantly, the benefits to sustainability. Although proportionally vitamins make up only a small part of an animal’s diet and cost, incorrect levels can have a huge impact on overall health. Perfecting the amount given to a specific species has enormous benefits across the whole value chain, increasing producer’s profitability and both the nutritional benefits for the end consumer and the shelf life of the product.”
See DSM Vitamin Supplementation Guidelines 2022 for swine
CFO Glenn Nunziata to Leave Smithfield Foods at Year’s End
Smithfield Foods announced that Chief Financial Officer Glenn Nunziata will leave the company at the end of the year. The company named Mark Hall, currently Smithfield’s executive vice president, finance, as its new CFO, effective January 1, 2023.
“We are grateful to Glenn for his invaluable contributions to Smithfield as CFO over the last seven years,” Shane Smith, Smithfield’s president and CEO, said in a release. “During Glenn’s tenure, we have become a better company, achieving new levels of operational excellence and a strengthened balance sheet while growing organically and through acquisitions to become a world-class protein company. We thank Glenn and wish him all the best in his next chapter.”
Mark Hall brings 25 years of food industry financial experience to his new role as Smithfield’s CFO. Hall joined Smithfield in 2014 as vice president, finance, for the John Morrell Food Group. In 2015, he was promoted to vice president of finance for Smithfield’s combined Packaged Meats businesses. In 2019, he was promoted to senior vice president, finance, overseeing financial operations for Smithfield’s Fresh Pork and Packaged Meats businesses. He assumed his current position as executive vice president, finance, in late 2020. He began his career in public accounting at Arthur Andersen, LLP and worked in equity research for Legg Mason Wood Walker, Inc. Prior to joining Smithfield, he held finance positions of increasing responsibility with The Quaker Oats Company and McCain Foods USA.
“Mark is well prepared for his new role and brings a depth of experience, including serving for the last eight years in senior leadership positions on Smithfield’s finance team,” Smith said in a release. “We are fortunate to have a deep bench and look forward to a seamless transition of responsibilities over the next few weeks.”
Hall will oversee finance, accounting, treasury, tax, risk management and serve as principal accounting officer in his new Smithfield role.
Hygiena Opens a New Branch in Brazil
Hygiena, a global leader in food safety diagnostics and animal health, is pleased to announce the opening of a new branch in São Paulo, Brazil. As the country gets set for growth, Hygiena said it is thrilled to begin operations by servicing a wide range of markets, predominantly in the food and beverage industry.
According to a release, Hygiena and its affiliates already have established offices and a local presence throughout Latin America and continues to make large investments, such as this one, to directly serve the market and customers. The company creates innovative diagnostics for a healthier world in the areas of food safety, animal health and environmental monitoring.
“Brazil has a complex, challenging and large-scale food supply chain, so food protection is of utmost importance within this ecosystem. This investment, coupled with Hygiena’s broad range of solutions, is poised to have a positive impact on public health, commerce and the country’s economy,” Steve Nason, CEO of Hygiena, said in a release.
As an experienced global leader in rapid diagnostic solutions, Hygiena with its strong local ties and new branch, will be able to service and offer even better support to accommodate the growth of the Brazilian food and beverage industries.
“We aim to become the global market leader in the fields of food and veterinary diagnostics. The implementation of our corporate strategy and extremely ambitious growth can only be realized through physical expansions of the company. This site is part of our global supply network that expands across 98 countries to create innovative diagnostics for a healthier world,” Nason said.
