Gilberto Tomazoni

Gilberto Tomazoni became CEO of JBS in 2018, leading the world's largest animal protein company with annual revenue exceeding $70 billion. JBS processes and distributes beef, poultry, pork, and prepared foods across every major market worldwide. Its US operations include Pilgrim's Pride (America's second-largest chicken producer), JBS USA Beef (the country's largest beef processor), and JBS USA Pork. In Brazil, Seara and Friboi are household brand names in poultry and beef respectively. Tomazoni has pursued a strategy of protein diversification and geographic balance, ensuring JBS is not overly dependent on any single protein type or market. He has invested in prepared foods and value-added products to increase margins beyond commodity meat processing. The company has also explored alternative proteins and cultured meat through its venture investments, though traditional animal protein remains the overwhelming core of the business. Tomazoni's management of the cattle cycle (beef processing margins are highly sensitive to cattle availability and pricing), execution on the potential US IPO or dual-listing of JBS shares, and navigating ESG scrutiny around deforestation in JBS's Brazilian cattle supply chain are the primary drivers of the stock. The structural growth of global protein consumption, particularly in developing markets, provides long-term demand tailwinds.