JBS Appoints Officials, Advances Vigor Spinoff

Brazilian meatpacker JBS has received CVM approval to list shares of the Vigor Alimentos unit, it says, and has named people to senior posts at its subsidiaries. The timetable for an IPO remains unclear. Mauricio Hasson has been picked as CFO of Vigor, joining from Rothschild, where he advised on M&A transactions, JBS says. Separately, Andre Nogueira is the new CEO of JBS’ Australian operations, moving from the CFO position at JBS USA. He is replaced by Denilson Molina as US CFO.