US: Chiquita Brands names new director

Chiquita Brands announced the election of Ronald V. Waters III to the Board of Directors, increasing the number of members from eight to nine. Waters, 60, joins the board having most recently served as President and Chief Executive Officer of the LoJack Corporation, a global leader in finding and recovering a wide range of mobile assets including cars, construction equipment and motorcycles, from January 2009 to May 2010. 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.

"We are pleased to have Ron join Chiquita's board," said 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."

"I am tremendously excited to be joining Chiquita's board," said 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."