Americold Realty Trust announced a leadership transition. George Chappelle, a former Tyson Foods executive and former Chairman of the Board of AGRO Merchants Group, has been appointed Interim Chief Executive Officer, effective immediately. Chappelle?s appointment follows the decision of the company?s Board of Trustees to terminate Fred Boehler without cause. The company?s Board has engaged a nationally recognized search firm to identify a permanent Chief Executive Officer. The company noted that Boehler?s departure is not related to any disagreement with the Board or members of management concerning corporate strategy or financial or accounting matters. George Chappelle most recently served as an executive of Tyson Foods, holding a variety of leadership roles including Chief Corporate Services Officer; General Manager of Emerging Proteins, Research and Development and Logistics; Chief Operating Officer of Prepared Foods; and Chief Integration Officer. Prior to joining Tyson Foods in 2017, he served as Chief Operating Officer at several leading consumer packaged goods companies, including AdvancePierre Foods, Vi-Jon and Solo Cup Company. Previously, Chappelle spent more than four years with Sara Lee Foods, including as Chief Supply Chain Officer and Chief Information Officer. Chappelle currently serves as Chairman of the Board of Flagstone Foods and as a member of the Boards of Apex International and Randall Foods.
Americold Realty Trust, Inc. is a real estate investment trust (REIT). The Company is focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. The Company is organized as a self-administered and self-managed REIT. The Company operates through three segments: Warehouse, Third-party managed and Transportation. It operates a global network of approximately 245 temperature-controlled warehouses encompassing approximately 1.5 billion cubic feet, with 197 warehouses in North America, 27 in Europe, 19 warehouses in Asia-Pacific, and two warehouses in South America. The Company holds hold minority interests in two joint ventures, one with SuperFrio, which owns or operates 35 temperature-controlled warehouses in Brazil, and one with the RSA JV, which owns two temperature-controlled warehouses in Dubai. Its handling services optimize its customerâs product movement through the cold chain, including placement, and other recurring handling services.