Last €6.93 EUR
Change Today -0.191 / -2.68%
Volume 1.0K
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As of 3:55 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

chiquita brands intl (CQDN) Snapshot

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09/6/13 - €10.07
52 Week Low
11/13/13 - €6.75
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Current Stock Chart for CHIQUITA BRANDS INTL (CQDN)

chiquita brands intl (CQDN) Details

Chiquita Brands International, Inc., together with its subsidiaries, markets and distributes bananas and pineapples, packaged salads, and other fresh produce primarily in the United States, Central America, Europe, and the Middle East. Its Bananas segment purchases, produces, transports, markets, and distributes bananas under the Chiquita brand to grocery retailers, ripeners, and wholesalers. The company’s Salads and Healthy Snacks segment offers packaged and ready-to-eat salads under the Fresh Express and private labels; fresh vegetable and fruit ingredients used in foodservice; healthy snacks, including single-serve fruit snacks under the Chiquita brand name; and banana puree and other processed fruit ingredients to food manufacturers and quick service restaurants. This segment also sells fresh-cut produce, such as lettuce, tomatoes, spinach, cabbage, and onions to foodservice distributors; and purchases, processes, packages, and distributes various fresh-cut apples. Its Other Produce segment markets and distributes pineapples and other produce items. The company also licenses its Chiquita brand to third parties. Chiquita Brands International, Inc. was founded in 1899 and is headquartered in Charlotte, North Carolina.

20,000 Employees
Last Reported Date: 03/4/14
Founded in 1899

chiquita brands intl (CQDN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $900.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $311.0K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $500.0K
Chief Legal Officer and Executive Vice Presid...
Total Annual Compensation: $595.0K
Chief People Officer and Executive Vice Presi...
Total Annual Compensation: $460.0K
Compensation as of Fiscal Year 2013.

chiquita brands intl (CQDN) Key Developments

US Court Throws Out Colombians Suit Against Chiquita Brands International

A US appeals court on July 24, 2014 threw out a civil lawsuit by thousands of Colombians against Chiquita Brands International, whose funding of paramilitary groups allegedly cost the lives of their loved ones. Ruling that the matter falls outside the jurisdiction of US courts, a panel of the 11th US Circuit Court of Appeals, by two votes to one, declined to hear the case. Some 4,000 Colombians were seeking legal redress in the class action suit, saying the banana company shared the blame after their relatives were killed by the United Self-Defense Committees of Colombia, known by its acronym AUC. The company has admitted that between 1997 and 2004 it paid $1.7 million to the AUC and was compelled several years ago to pay a $25 million fine for having done so. The company has announced that it was a victim of extortion when it paid the monies to the group.

Diamond State Port Signs New Lease Agreement with Chiquita Brands

The Diamond State Port Corporation, or DSPC, and Chiquita Brands International Inc. have signed an agreement by which Chiquita will continue to use the Port of Wilmington as its mid-Atlantic distribution hub for the next five years. Also, this agreement includes two 5-year lease renewal options which will extend Chiquita's relationship with Wilmington until 2029.

Chiquita Brands International, Inc. Approves Amendment to Third Restated Certificate of Incorporation

Chiquita Brands International Inc. approved an amendment to the company's third restated Certificate of Incorporation regarding simple majority vote at the Annual Meeting of Shareholders held on May 22, 2014.


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