Search For New Chobani CEO Ongoing, Founder To Remain Active In Company
Published: January 6th, 2015
By: Ashley Babbitt

Search for new Chobani  CEO ongoing, founder to remain active in company

NORWICH – Despite reports from the New York Post on Monday, Hamdi Ulukaya will remain Chairman of the Board at Chobani, as well as owner and founder, said a spokesperson from the company Tuesday. A search for a new Cheif Executive Officer (CEO), however, is ongoing.

“We’ve had an active, operationally based CEO search underway to partner with our founder and owner and, while we have several exciting, qualified candidates, no decision has been made,” said a spokesperson with Chobani.

It was added that Ulukaya will be the one to make the final decision on who will take over as the new CEO.

The New York Post reported Chobani’s fourth quarter of 2013 brought about a negative Ebita (Earnings before interest, taxes, depreciation and amortization). A spokesperson from Chobani said the company has been in a positive Ebita for the past six months, and have increased market share according to the last four consecutive Neilson periods and made strong attributions gains.

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