The board of pork and animal feed manufacturer AgFeed Industries Inc. has elected John Stadler chairman and named him interim president and CEO, replacing two executives who will stay with the company.
Stadler replaces Songyan Li as chairman. Li will become vice chairman of the company's hog production business with a focus on Chinese government relations.
Junhong Xiong stepped down as president and CEO and as a board member to focus on being chairman of the company's animal nutrition business, which is in registration for an initial public offering.
AgFeed also said it made Edward Pazdro chief financial officer. He had served as an acting CFO since November.