Corporate governance model implemented by Company's current management is a bellwether in the market SAO PAULO, Brazil, April 24 /PRNewswire-FirstCall/ -- Perdigao's chairman Nildemar Secches announced on Thursday, April 24, that Jose Antonio Fay, the Company's current director-general for the Perdigao Business Unit, is to replace him in the post of CEO beginning October 30. Following this date, Secches will stay on as chairman of the Board of Directors, a position he has been holding for the past year. Fay's name has been submitted to the members of the Board, who have approved the appointment. The succession process, announced in April last year, is one of the most important stages in the Company's corporate governance policy and has been undertaken by Secches with objectivity and transparency. His replacement as CEO is also designed to segregate functions. It is worth remembering that Secches has been holding the two positions on an interim basis. The appointment of an executive from within the Company has various positive aspects. In addition to his familiarity with the corporate culture and administrative structure, Fay is already playing a hands-on role in the preparation of Perdigao's strategic plan through 2015. Starting October, he will assume leadership in this process. After the new CEO assumes his post, Nildemar Secches, as chairman of the Board, will make an effective contribution to strategic decisions on the back of his accumulated experience as CEO of Perdigao, the affinity he enjoys with the other directors, and his detailed knowledge of the sector in which the company operates. "Succession does not mean a change in direction. Perdigao will maintain its policy of global expansion. The new CEO has the mission of stimulating the Company through even more innovative initiatives, thereby ensuring a premium performance. The Company's successful track record over the past decade is due to the long-term strategic plan, which will continue to be key to my successor's management of the business. We have every confidence in his competence, professional reputation and ethics," Secches noted. Until October 30, Fay will continue to be responsible as director-general for the Perdigao Business Unit, at which time the other changes planned for the Board of Executive Directors will also be effected simultaneously with the investiture of the new chief executive officer. For more information, contact: Investor Relations Department (55) (11) 3718-5465 DATASOURCE: Perdigao S.A. Contact: Investor Relations Department, +011-5511-3718-5465, Web site: http://www.perdigao.com.br/

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