Chiquita Names Board of Directors


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Mon. October 29th, 2012

<p><strong>Charlotte, NC</strong><hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">Chiquita Brands has announced the election of Ronald V. Waters III to the Board of Directors, increasing the number of members from eight to nine.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">"I am tremendously excited to be joining Chiquita's board," says Waters. "I am very impressed with the range of experience and talent on the board, and look forward to helping Chiquita to achieve its strategic vision and grow shareholder value."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">Waters joins the board having most recently served as President and Chief Executive Officer of the LoJack Corporation. Waters brings significant management experience in finance, strategic planning and executive leadership. He also has been appointed to serve on the Audit Committee of the Board.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">"We are pleased to have Ron join Chiquita's board," says Kerrii B. Anderson, chairwoman of the board. "Ron brings with him an extensive and diverse business background in addition to finance and audit experience. His skill set and insight will complement and add to the strengths of the other board members."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">Waters served as a member of the Board of Directors of LoJack from February 2007 to May 2010. Prior to joining LoJack, he served as Chief Operating Officer (2003 to 2006) and Chief Financial Officer (1999 to 2003) of Wm. Wrigley Jr. Company. Other previous experience included serving in various finance positions for The Gillette Company and as a partner at KPMG, LLP. He is currently a director of Fortune Brands Home &amp; Security, Inc. and HNI Corporation.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.chiquita.com" target="_new"> Chiquita Brands International </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">