date:Jun 01, 2012
Recently, the company handed over the operations of its Brazilian poultry processing division Frangosul to JBS. In addition, it has suspended the company's CEO Guy Odri as well as general secretary Herrick Pinguet.
The chairman of Doux is currently heading the company, while his son Jean Charles Doux has been appointed as the new CEO, reported Thepoultrysite.com.
The company reportedly has to pay 20m to Barclays Bank in June, owes about 90m to suppliers, and has debts of around 200m in Brazil.