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Chiquita Brands

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Chiquita Brands

COMPANY

Corporate ancestry dates back to the 1871 introduction of bananas to the United States by importer Lorenzo Dow Baker and, in 1872, by railroad magnate Minor C. Keith. Baker's efforts were incorporated in 1885 as the Boston Fruit Company, and the competitors merged in 1899 as United Fruit Company. Acquired Cuyamel Fruit Company in 1930. Renamed United Brands in 1970, and Chiquita Brands International in 1990. Owns Atlanta AG, Frupac, Mundimar, Solar Aquafarms.

CBI has apologized for human rights violations across Central America, and acknowledged lending its ships for use in the U.S.-backed overthrow of Guatemalan government in 1954 and the failed "Bay of Pigs" invasion of Cuba in 1961. More recently the company is alleged to have paid multi-million-dollar bribes to terrorists and supported death squads in countries where its bananas are grown.

Official Website:
http://www.chiquita.com/

Industry:
Food

Ticker:
NYSE:CQB

Corporate headquarters:
Cincinnati, OH

Sales:
$3.9B (2005)

Employees:
25,000

EXECUTIVES

NameOccupationBirthDeathKnown for
Fernando Aguirre Business 1958   President and CEO, Chiquita Brands
Robert W. Fisher Business c. 1937   President of Dole Food, 1986-90
Cyrus F. Freidheim Business c. 1936   CEO of Sun Times Media Group, 2006-09
Joe Hagin Government 6-Jan-1956   White House Deputy Chief of Staff, 2001-08
Carl H. Lindner Business 22-Apr-1919 17-Oct-2011 Cincinnati billionaire

CURRENT BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Fernando Aguirre Business 1958   President and CEO, Chiquita Brands
Howard W. Barker, Jr. Business c. 1947   Former Partner, KPMG
William H. Camp Business c. 1948   EVP at Archer Daniels Midland, 2003-07
Robert W. Fisher Business c. 1937   President of Dole Food, 1986-90
Clare M. Hasler Educator c. 1957   Director, Robert Mondavi Institute
Durk I. Jager Business c. 1944   CEO of Procter & Gamble, 1999-2000
Jaime Serra Puche Government 11-Jan-1951   Mexican Secretary of Trade, 1988-94
Steven P. Stanbrook Business c. 1957   Executive at S. C. Johnson & Sons

PAST BOARD MEMBERS OR DIRECTORS

NameOccupationBirthDeathKnown for
Morten Arntzen Business c. 1955   CEO of Overseas Shipholding Group
Jeffrey D. Benjamin Business c. 1961   Apollo Management
Cyrus F. Freidheim Business c. 1936   CEO of Sun Times Media Group, 2006-09
Roderick M. Hills Business 9-Mar-1931 29-Oct-2014 SEC Chairman, 1975-77
William W. Verity Business c. 1958   ENCOR Holdings

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