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Pilgrim's Pride says CEO suffered apparent stroke

Sun Dec 16, 2007 7:45pm EST

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NEW YORK, Dec 16 (Reuters) - Chicken producer Pilgrim's Pride Corp. (PPC.N) said on Sunday that O.B. Goolsby, its chief executive officer, suffered an apparent massive stroke Saturday morning while on a hunting trip with customers in south Texas.

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Goolsby, 60, was flown by emergency helicopter to a hospital in San Antonio, where he is listed in critical condition in the intensive care unit.

"Our thoughts and prayers are with O.B. and his family during this very difficult period," said Lonnie "Bo" Pilgrim, senior chairman and co-founder of Pilgrim's Pride.

The Pilgrim's Pride board of directors met by telephone Sunday afternoon to be briefed on Goolsby's medical condition and will continue to monitor it in the days ahead, the company said.

Goolsby has served as president and CEO since September 2004. He joined Pilgrim's Pride in 1969.



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