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CP Foods appoints new CEO, takes toehold into Sri Lanka shrimp farming with acquisition

Incoming CEO Prasit Boodnoungprasert currently serves as CP Foods' chief operating officer for international trade and business development and the head of chicken integration

By Jason Smith | June 13, 2019 18:30 BST
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Charoen Pokphand Foods' stand at the Thaifex - World of Food Asia trade show, held in Bangkok, Thailand in May 2018. Credit: Tom Seaman
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Thai food conglomerate Charoen Pokphand Foods has appointed a new CEO, Prasit Boondoungprasert, even as the company has announced plans to enter shrimp farming in Sri Lanka with the $1.2 million acquisition of 75% of shares in Lotus Aquaculture. [...]

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