Smithfield Foods Names Interim CFO

The ham hawker taps an EVP.
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Smithfield Foods (SFD) said Thursday that Robert W. Manly, executive vice president, was named interim CFO, effective Jan. 1, 2007.

He succeeds Daniel G. Stevens, who, effective Jan. 1, will change responsibilities and become senior financial adviser to Groupe Smithfield, a major component of Smithfield's growing European operations that include the Sara Lee assets acquired by Smithfield earlier this year, the company said.

Stevens currently serves on the board of Groupe Smithfield, it added.

The company's shares were trading down 55 cents, or 2.04%, to $26.41 Thursday.

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