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8-K - FORM 8-K - SANDERSON FARMS INC | g27076e8vk.htm |
Exhibit 99
Contact: | Mike Cockrell Treasurer & Chief Financial Officer (601) 649-4030 |
SANDERSON FARMS ANNOUNCES
RETIREMENT OF BOARD MEMBER ROWAN H. TAYLOR
RETIREMENT OF BOARD MEMBER ROWAN H. TAYLOR
LAUREL, Miss. (May 3, 2011) Sanderson Farms, Inc. (NASDAQ: SAFM) today announced that Rowan
H. Taylor has informed the Company that he will retire from the Companys Board of Directors when
his current term ends at the 2012 annual shareholders meeting.
Rowan Taylor joined Sanderson Farms Board of Directors in 1989 and is one of our longest
serving members, stated Joe F. Sanderson, Jr., chairman and chief executive officer of Sanderson
Farms, Inc. He has been a valued advisor to Sanderson Farms for many years, and under his 23
years of leadership the company has experienced tremendous success and growth. Rowan knew the
Companys founders well, and embodied their spirit, principles and ethics in his leadership on our
Board. We want to thank him for his service to Sanderson Farms and for his contributions to
building long-term shareholder value. We will miss his good humor, keen business insight and the
historical perspective he provided as a Board member. On a personal note, I will miss the wise
counsel and advice he provided over the years and wish him a long and satisfying retirement.
Mr. Taylor previously served as Chairman of the Board and Chief Executive Officer of
Mississippi Valley Title Insurance Company until his retirement in 1992. He also served as counsel
to the Jackson, Mississippi law firm of Alston & Jones.
Sanderson Farms, Inc. is engaged in the production, processing, marketing and distribution of
fresh and frozen chicken and other prepared food items. Its shares trade on the NASDAQ Global
Select Market under the symbol SAFM.
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