October 02, 2014 11:38 AM ET

Food Products

Company Overview of Continental Grain Company Inc.

Company Overview

Continental Grain Company Inc. engages in the agricultural businesses. The company markets consumer products; crushes oilseed; mills and produces feed and flour; processes and produces poultry products; and engages in animal husbandry. It sells its products to restaurants, retail brands, foodservice companies, and industrial companies. The company has strategic alliances with Castleton Commodities International, LLC; Charoen Pokphand Group; Overseas Shipholding Group, Inc.; and Seaboard Corporation. Continental Grain Company Inc. was formerly known as ContiGroup Companies, Inc. and changed its name to Continental Grain Company Inc. in February 2008. The company was founded in 1813 and is bas...

277 Park Avenue

New York, NY 10172

United States

Founded in 1813





Key Executives for Continental Grain Company Inc.

Chairman and Chief Executive Officer
Age: 60
Chief Financial Officer and Executive Vice President
Age: 48
Chief Executive Officer of Five Rivers and President of Five Rivers
Chief Executive Officer of Wayne Farms Llc and President of Wayne Farms Llc
Chief Human Resources & Administrative Officer and Executive Vice President
Compensation as of Fiscal Year 2014.

Continental Grain Company Inc. Key Developments

Continental Grain Urges Smithfield To Sell Underperforming Assets

Continental Grain Company, shareholder of Smithfield Foods, Inc. (NYSE:SFD), is requesting the company to sell underperforming assets. Continental Grain holds 6% stake in Smithfield. Continental Grain said it is seeking to justify a business as usual approach despite destroying shareholder value. ContiGroup's proposals include splitting Smithfield into three independent companies by divesting 51% of hog production and select European assets, it also also suggests Smithfield continue to own its Campofrio stake and Mexican assets and institute an annual dividend. However, C. Larry Pope, Chief Executive Officer of Smithfield, said, "We believe that Continental Grain's analysis of the benefits of a divestiture of our hog production business and select European assets, which they have made before, is inherently flawed, based on an intensive and ongoing review of these and other alternatives by the board, management and our financial and legal advisors."

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