Monday, January 5, 2015

Chobani Denies Report That CEO Hamdi Ulukaya Will Be Removed As Chairman

An article in the New York Post was "absolutely false," the yogurt company says.

Today the New York Post, citing unnamed sources, reported that Hamdi Ulukaya would soon be ousted as chairman and CEO of the Greek yogurt juggernaut he founded nearly 10 years ago. But the story was misleading in multiple respects: For one, the company announced way back in April that it would be installing a new CEO. Two, Chobani says there are no plans to remove Ulukaya from his role as chairman. And three, Ulukaya continues to work full-time at Chobani despite transitioning away from operational management.

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